Worldcoin's World App Hits 10 Million Users Milestone with Universal Basic Income Vision
Summary:
Worldcoin's mobile application, World App, has drawn 10 million users since its launch in June 2023, with a daily sign-up rate of 2 million and over 5 million users monthly. Worldcoin, a cryptocurrency project, aims to establish a universal basic income where users register their identities via eye-scans on the app. Recently, the app received attention when a Kenyan user bought goats with funds from a Worldcoin airdrop, gaining viral attention and support from the crypto community.
Worldcoin's mobile application, World App, has achieved a considerable milestone by gathering 10 million users in total. The average rate of user sign-up is 2 million daily and surpasses 5 million monthly. This feat has been accomplished in less than a year since the app's introduction in June 2023. As reported by Tiago Sada, who heads the product department of Worldcoin's parent firm, Tools for Humanity, the app's daily users have outnumbered the complete monthly user count as of January 2024.
Worldcoin is a digital currency project with a vision to establish Universal basic income. Individuals establish their identity on the company's World App through in-person iris scans facilitated by devices known as 'orbs'. Commenting on the use of World App, Remco Bloemen, who is in charge of blockchain at Worldcoin Foundation, clarified that the app is not assumed to be the sole solution on the Worldcoin protocol. He voiced the hope that this achievement would prompt more contributions to wallet development for the protocol, considering different users' varied wallet app needs and preferences.
Recently, one notable application of World App has been the account of a Kenya-based user who purchased a goat using funds obtained from a Worldcoin airdrop, garnering viral attention. The crypto community showed support by sending an undisclosed cryptocurrency amount, which was reportedly used to buy more goats, currently numbering 13. A goat named "Sam" made headlines, named after Sam Altman, the co-founder of Worldcoin. Altman is also the CEO and co-founder of the renowned AI startup OpenAI, recognized for its ChatGPT product, a leading-edge creation in generative AI technology.
Published At
4/11/2024 9:47:31 PM
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