Ethereum co-founder supports World Coin
Vitalik Buterin jumped in support of the World Coin crypto project and noted that there is a need for such a kind of blockchain technology.
World Coin is a new crypto project. The main concept of this project is to develop decentralized digital biometric verification tools. OpenAI CEO Sam Altman is the core founder behind this crypto project. Tools for Humanity is the company behind this crypto project. $WLD is the native token of this crypto project. For now, the World ID tool of this project aimed to counter bots and fake virtual identities facilitated by artificial intelligence.
On 24 July 2023, The core Ethereum (ETH) co-founder Vitalik Buterin shared his thoughts on the World coin crypto Project.
Vitalik said that the world coin crypto project is a better innovation in the crypto & blockchain sector and noted that such innovations are required to go through huge development works.
According to the Ethereum co-founder, the majority of the developers in the Ethereum ecosystem are trying to develop a decentralized KYC verification system and surely it will fulfill the need.
However, crypto personality Vitalik appreciated the World coin project but huge numbers of people slammed the concept of the World coin project. Critics claimed that such types of innovations are not safe for people because any hacking incident will expose the sensitive identity of the World coin Human identification system.
World coin price action
Just a couple of days ago, the majority of the top crypto exchanges added support for this token. The current trade price of World Coin (WLD) is $2 & this trade price is 20% down over the last 24 hours’ trade price.
Now it will be interesting to see the performance of this new Crypto coin for the next couple of months, whether it will roar or go to sleep under the influence of current bear market season.
Read also: US Republican Davidson says CBDC should be banned
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