About Worldcoin

Worldcoin is one of the most ambitious projects in the world of digital currencies, founded at the initiative of Sam Altman, the former CEO of OpenAI.

Worldcoin aims to promote global adoption of cryptocurrencies by providing unique digital identities and financial assistance.

It relies on blockchain and artificial intelligence technology to register users through an iris-scanning device known as the "Orb," enabling the creation of a reliable digital identity.

The project seeks to solve challenges related to digital identity and financial inclusion, especially in developing countries, though it faces issues regarding privacy and concerns over data centralization.

Sam Altman

Sam Altman, born April 22, 1985, in Chicago and raised in St. Louis, Missouri, is a prominent figure in the tech industry. He studied computer science at Stanford University but did not complete his degree.

Altman started his career by founding "Loopt," a smartphone-based location platform. After selling it, he became the CEO of "Y Combinator," one of the most renowned startup accelerators, helping many tech companies grow, such as Airbnb and Dropbox.

In 2019, Altman became the CEO of OpenAI, playing a key role in the development of artificial intelligence.

He also participated in launching Worldcoin, a bold initiative to create a global digital identity backed by blockchain technology.

Altman is influential in Silicon Valley and is known for his involvement in discussions about the future of AI and its impact on humanity.

The Vision for Worldcoin

The vision of Worldcoin revolves around achieving global financial inclusion and redefining digital identities in a way that enhances economic equality.

The project aims to provide a free digital identity for every individual worldwide, enabling access to digital currencies, particularly in areas with weak financial infrastructure.

By integrating blockchain and AI, Worldcoin aspires to offer solutions that help reduce the economic gap between developing and developed countries.

The core vision is to make digital currencies accessible to everyone, not just a select few.

Worldcoin Goals

A primary goal of the Worldcoin project is to achieve global financial inclusion through digital identity.

1. Providing Universal Access to Cryptocurrencies:
   Worldcoin works to empower everyone, especially in developing regions, to enter the digital economy. The currency relies on a global distribution model using "World ID," an innovative digital identity aimed at ensuring fairness and equal access to cryptocurrencies for all users.
2. Biometric Measurements and Orb Scanning Technology
   Worldcoin relies on biometric technology through the Orb device to scan the iris and create a unique digital identity. This approach aims to:
   • Fraud Prevention: Preventing duplicate identities and ensuring fair distribution.
   • Enabling Decentralized Finance: Creating a trusted global identity, allowing individuals to easily participate in decentralized financial systems.

How Does Worldcoin Work?

1. Creating a Digital Identity:
   Worldcoin relies on a device known as the Orb, which scans the iris to generate a unique digital identity "World ID" for each user, preventing the creation of duplicate or fake identities.
2. Free Distribution of the Currency:
   Once identity is verified, the user receives Worldcoin tokens for free as part of the project’s aim to broaden financial inclusion.
3. Usage and Applications:
   After obtaining a World ID, users can:
   • Conduct digital financial transactions.
   • Access decentralized finance (DeFi) applications.
   • Participate in digital systems that require a trusted identity.
4. Security and Privacy:
   Despite using biometric data, the system is designed to protect user data and ensure privacy.

Uses and Applications

• Digital Identity Verification:
  Thanks to "World ID," users can create unique digital identities based on biometrics, serving as a reliable tool to prevent fraud and duplicate accounts.
• Financial Inclusion:
  Worldcoin aims to distribute digital currencies for free, allowing people who lack traditional financial access to participate in the digital economy.
• Decentralized Finance (DeFi) Applications:
  "World ID" is used as a gateway to access DeFi applications, such as lending, borrowing, and payments.
• E-Commerce and Digital Payments:
  The currency can be used as a direct payment method in crypto-dependent applications and marketplaces.
• Online Identity Management:
  The digital identity can be used for secure verification when using online services, eliminating the need for traditional passwords.
• Supporting Future Economic Systems:
  Worldcoin serves as a foundation for building inclusive economic systems that rely on digital identity.

Challenges and Risks

• Privacy and Data:
  Using biometric data (such as iris scans) raises significant privacy concerns.
• Cybersecurity:
  Systems that store and process biometric data are vulnerable to cyber attacks.
• Regulation and Legal Issues:
  Cryptocurrencies face legal and regulatory challenges in many countries.
• Trust:
  Building user trust can be difficult due to unprecedented innovation.
• Technical Challenges:
  Implementing technology on a global scale requires advanced infrastructure.
• Adoption and Acceptance:
  Convincing users and merchants to embrace it is challenging.
• Ethical Concerns:
  Using biometrics to attract users raises ethical debates.
• Market Volatility:
  Its value is affected by changing market conditions.

Worldcoin Future

Worldcoin is an ambitious project aiming to enhance global financial inclusion by building a global digital identity using biometric technology. Its future depends on several key factors:

• Broad Adoption: Success requires widespread global acceptance.
• Overcoming Technical and Ethical Challenges: Carefully addressing privacy-related issues.
• Regulatory Cooperation: Complying with laws in various countries.
• Technological Advancements: Continuous improvements in security and transparency.

If the project succeeds in addressing current concerns, it may experience significant expansion, especially as demand grows for reliable digital identities and innovative financial solutions.

Importance of Worldcoin

1. Enhancing Global Financial Inclusion: Aims to provide cryptocurrency access in developing areas.
2. Global Digital Identity: Using biometrics to build trust and reduce fraud.
3. Empowering Decentralized Economy: Worldcoin facilitates access to financial services without traditional institutions.
4. Technological Innovation: Contributes to the development of future digital infrastructure.

Key Worldcoin Price Levels

• July 2023: Worldcoin recorded its all-time low at $0.15 per token.
• March 2024: Worldcoin recorded its all-time high at $11.98 per token.
• September 2023: Worldcoin recorded its all-time lowest closing level at $1.02 per token.
• March 2024: Worldcoin recorded its all-time highest closing level at $11.66 per token.

Best Worldcoin Price Performance in History

• Q3 2023: Best quarterly performance ever for Worldcoin, recording a 1,007% increase.
• July 2023: Best monthly performance ever for Worldcoin, with a 1,450% increase.

Worst Worldcoin Price Performance in History

• Q2 2024: Worst quarterly performance ever for Worldcoin, with a 70% decline.
• August 2023: Worst monthly performance ever for Worldcoin, with a 51% decline.

Major Events in Worldcoin History

• July 2023: Worldcoin’s digital currency trading started at $0.15.
• July 2023: Worldcoin traded above $5 for the first time ever.
• March 2024: Worldcoin’s price exceeded $10 per token for the first time in history.

Market Potential

Cryptocurrencies are witnessing significant global adoption, driven by fintech developments and increased user awareness.

This trend is expected to continue as digital currencies expand into various economic sectors, significantly increasing market size.

Decentralized identity solutions are a vital part of this growth, offering a secure and reliable way to verify identity without relying on traditional intermediaries.

Financial inclusion enhances market potential, especially in areas lacking traditional financial infrastructure.

As innovation continues, the user base is expected to expand further, increasing demand for cryptocurrencies and digital identity solutions.

Strategic partnerships play a crucial role in driving the project’s growth and strengthening its credibility in the market.

As for the strength of the development team, having a highly experienced and specialized team led by Sam Altman in blockchain, AI, and cybersecurity is essential to the project’s success.

Regarding supporting investments, Worldcoin has attracted significant investment from prominent fintech and crypto investors.

Conclusion

Worldcoin’s market potential presents substantial opportunities for growth and expansion, driven by global cryptocurrency adoption, decentralized identity solutions, and financial inclusion.

Additionally, strategic partnerships, the strength of the development team, and supporting investments are critical factors in enhancing the project’s position and ensuring its sustainable success in the future.

Competitive Advantage

1. Decentralized Digital Identity (World ID):
   Worldcoin uses biometric technology to create unique, secure digital identities.
2. Financial Inclusion:
   Enabling individuals worldwide to easily access cryptocurrencies.
3. Innovative Economic Model:
   Distributed rewards to users to boost global spread.
4. Strategic Partnerships:
   Strong support from prominent investors and tech companies.

Top Competing Projects

• Ethereum: A platform for smart contracts and decentralized finance.
• Cardano: Focused on sustainability and security.
• Stellar: Facilitates financial transactions at low costs.
• Chainlink: Oracle solutions linking external data to smart contracts.

Key Worldcoin Price Predictions for 2025

• Grayscale expects Worldcoin to reach $15 in 2025.
• Binance predicts Worldcoin prices to exceed $12 in 2025.
• LongForecast analysts expect Worldcoin to continue rising to reach $20 by the end of 2025.
• ETC Group expects Worldcoin to surpass the $12 level in 2025.

Factors Influencing Worldcoin Price Expectations

• Global Adoption and Usage Expansion: Boosting partnerships and increasing World ID spread.
• Regulations and Policies: Government decisions regarding cryptocurrencies.
• Technological Developments: Improving blockchain security and reliability.
• Global Economic Conditions: Effects of recessions and monetary policies.
• Competition with Other Currencies: Performance of projects like Ethereum and Chainlink.
• The Wider Digital Market: General price movements in the crypto market.
• User and Investor Trust: Reputation and security of the project.
• Institutional Support: Investments from major companies and listings on global trading platforms.

Most Frequently Asked Questions About Worldcoin

Is Worldcoin’s price suitable for investment?
Worldcoin is currently trading around $3 per token. Given most forecasts indicating a bullish crypto market in 2025, levels between $2.5 and $1.5 may be suitable for investment, targeting above $12.

How to invest in Worldcoin?
You can invest in Worldcoin in several ways:

1. Spot Purchase of Worldcoin: You can buy Worldcoin directly from trusted cryptocurrency exchanges, using global currencies like USD and EUR.
2. Long-term Investment: You can hold Worldcoin for a long period, anticipating a price increase over time.
3. Global Stocks: By purchasing shares of companies involved in digital services and blockchain technology, especially those traded in US markets on Wall Street.

Will Worldcoin prices reach $12?
In light of recent developments in the digital asset markets and other global markets, especially after Donald Trump’s win in the US elections, it’s not entirely unlikely that Worldcoin prices could reach $12 in 2025, surpassing this level strongly and setting new record highs.

Is Worldcoin expected to rise in 2025?
Yes, Worldcoin prices are expected to continue rising next year, as most forecasts from major institutions, banks, and experts suggest that Worldcoin will enter a bullish market.

Best Worldcoin Trading Platforms 2025

• Pepperstone, the best brokerage for trading Worldcoin. Reliable for beginners. Founded in 2010. Dubai license. Minimum deposit: $0. Get a bonus up to $2000. Deposit/withdrawal available through Mashreq Bank.
• XM, the best Worldcoin trading platform. Offers educational materials and trade copying. Founded in 2009. Dubai license. Minimum deposit: $5. Competitions and bonuses.

Summary: Best Worldcoin Brokers for Beginners

Compare the Best Worldcoin (WLD) Brokers

WLD Technical Analysis

The daily chart for WLD shows a significant drop from the $1.9755 areas down to the recently recorded low at $1.2858, followed by a corrective upswing that stopped at the 23.6% Fibonacci level, which formed strong resistance at $3.8086. The price then declined again, heading towards resuming the bearish trend.

The price is now testing the support formed by the 50-day moving average around $2.6500. Breaking it would confirm the continued dominance of the bearish trend in the upcoming period, moving towards retesting the aforementioned low.

On intraday time frames, the price is pressing on the short-term bullish trend line. Breaking this line would extend the bearish wave, targeting negative levels starting at $2.0200 and extending to $1.2858.

Thus, we expect the price to continue declining to achieve the aforementioned negative targets, based on the negative technical factors mentioned. Consider that breaking $3.8086 would halt the proposed bearish wave and lead the price into an additional upward correction, establishing a short-term bullish wave with its next target at $5.3700.

The CADCHF price jumped above the broken support 0.6203 this morning, recording some gains by rallying towards 0.6236, hinting the attempts to postpone the negative attack and start the correctional bullish track now.

The price gets its positive momentum by stochastic that exits the oversold areas, to manage to resume the bullish attempts that target 0.6255 followed by 0.6290 levels.

The expected trading range for today is between 0.6200 and 0.6255

Trend forecast: Bullish

The EURJPY pair confirmed moving to the bullish track by providing new positive close above 158.80 support line, to notice forming bullish rally yesterday and reach 160.05, while stochastic continuous positive momentum signals allow us to expect rallying towards the first main target at 160.60, while surpassing it will push the price to reach the next target at 161.10.

The expected trading range for today is between 159.40 and 160.60

Trend forecast: Bullish

The GBPJPY pair succeeded to confirm the bullish rally by moving away from 190.70 support line, forming strong bullish rally to touch the first target at 194.10 that forms 50% Fibonacci correction level, to force it to provide temporary negative rebound as appears on the chart.

Now, 192.80 level forms additional support, and stochastic keeps providing the positive momentum, allowing us to expect renewing the pressure on 194.10 level to attempt to find a way to resume the bullish attack to target 194.80 followed by 195.65 levels.

The expected trading range for today is between 193.35 and 194.80

Trend forecast: Bullish