"Worldcoin's Troubles: Dying Project, Price Plunge, and Ethical Concerns"

1 min read
Source: Gizmodo
"Worldcoin's Troubles: Dying Project, Price Plunge, and Ethical Concerns"
Photo: Gizmodo
TL;DR Summary

Worldcoin, the cryptocurrency project co-founded by Sam Altman, has seen a significant drop in its token price since its launch in July. The price of the WLD token has fallen by 44% in the past 30 days, from $2.50 to $1.31. If the downward trend continues, the price could sink to single digits in the coming month. Worldcoin's biometric data collection practices, particularly the requirement for users to have their iris scanned, have raised concerns and led to investigations by Kenyan authorities. Despite the hype surrounding the project, the current downturn in the crypto markets has impacted Worldcoin's token price.

Share this article

Reading Insights

Total Reads

0

Unique Readers

9

Time Saved

3 min

vs 4 min read

Condensed

84%

623100 words

Want the full story? Read the original article

Read on Gizmodo