Ethereum's Vitalik Buterin identifies “major issues” with Worldcoin

The crypto market woke up to some very positive news on Monday morning following the official announcement by Worldcoin that it had launched its native token WLD. The token took off and registered a 70% price surge minutes after its launch and several exchanges have already lined up to list the token.

Timeline of Worldcoin-org

Earlier today, the Worldcoin project, a brainchild of Alex Blania and Sam Altman, made its grand debut on the OP Mainnet. The project, which aims to create a universally accessible financial network, has sparked a lot of interest and discussion in the crypto community.

On 24 July 2023, the Worldcoin project officially launched. The brainchild of co-founders Alex Blania and Sam Altman, Worldcoin aims to create a new identity and financial network accessible to everyone, regardless of their country, background, or economic status. The Worldcoin ecosystem is built around three main components.

Worldcoin was initially launched in 2021, during the COVID-19 pandemic. It was criticized for its stated objective of scanning users' eyes in exchange for access to the “world's largest identity and financial network.

Worldcoin launched on Monday with an airdrop of 43 million tokens to over 2 million sign-ups. The digital identity-styled protocol sparked debates regarding centralization and privacy following its Monday debut.

Shortly after Worldcoin, a privacy-preserving digital identity project co-founded by the CEO of artificial intelligence (AI) company OpenAI, Sam Altman, launched its own cryptocurrency, Worldcoin (WLD), it is already recording explosive demand and remarkable price increases.

Worldcoin, the visionary crypto project spearheaded by OpenAI's Sam Altman, has officially launched, propelling the dream of accelerating the global adoption of decentralized financial products one step closer to reality.