Worldcoin is a project that verifies people using their biometric data and gives them cryptocurrency rewards. The goal of the project is to give everyone access to the digital economy and develop an AI system for the common good of humanity.
Worldcoin works using Orb, a special device that scans users' eyeballs. Orb verifies the identity of users by scanning their eyeballs and gives them a “World ID”. The World ID is a digital ID that stores users' identities and cryptocurrency balances.
WLD, which has risen 23% in the last 24 hours, is among the highest rising coins of the day. Daniel Yan, co-founder of Matrixport and founder of Kryptanium Capital, made evaluations about the performance of the market in May in a recent post. In his assessment, he stated that Solana, AI and memecoins may stand out compared to Bitcoin. In addition, along with WLD, several different AI tokens were among the top risers of the day. It is thought that these statements about AI-based coins may have affected the price.
