WLD is showing a head and shoulder pattern.
About WLD
WLD, or Worldcoin, is a cryptocurrency project that aims to create a global digital currency by distributing tokens to individuals around the world. The project emphasizes inclusivity, attempting to provide financial access to unbanked populations. Worldcoin employs a unique approach by using biometric technology to verify users, ensuring that each individual can only claim their share once.The main goals of Worldcoin include:
1. Universal Basic Income: By distributing tokens, it seeks to explore the concept of universal basic income on a global scale.
2. Identity Verification: The use of biometric data helps to prevent fraud and ensures that every person receives their fair share.
3. Decentralization: Like many cryptocurrencies, Worldcoin operates on a decentralized network, promoting security and transparency.
4. Accessibility: The project aims to make cryptocurrency accessible to everyone, especially those in developing regions.
Worldcoin's approach has garnered both interest and skepticism, particularly around privacy concerns related to biometric data collection. As the project evolves, its impact on the cryptocurrency landscape and global economy remains to be seen.
Disclamer: Not a financial advice