Worldcoin (WLD)
- Official Website: worldcoin.org
- Definition: Worldcoin is a cryptocurrency project aiming to create a global digital identity and financial network.
- Category: Blockchain, Cryptocurrency.
- What It Is: A platform for universal basic income (UBI) and digital identity verification.
- Function: Enables global financial inclusion and identity verification.
- Analogy: Think of Worldcoin as a digital passport. It provides identity and access to financial services.
- Pros: Innovative, strong focus on financial inclusion.
- Cons: Privacy concerns, regulatory risks.
- Controversies: Criticism of biometric data collection, centralization concerns.
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This page was last updated on January 28, 2025.
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