Worldcoin Price Prediction 2023-2030: Can WLD Reach $100?

Latest Worldcoin Price

Article Coverage: Worldcoin Performance Statistics, Latest Worldcoin News, Worldcoin Price Analysis, Worldcoin Price Predictions Today, Tomorrow, Week, 2023-2030, Is Worldcoin a Good Investment, Is Worldcoin Legit, Expert Analysis, Where to buy?

Worldcoin Price Performance So Far

• Last 7 Days: +32.4%
• Last 1 Month: +52.4%
• Since Launch (2023): +12.1%

Exchange Dominance – Binance: 24% [No Risk]

Worldcoin Performance Statistics

• World ID sign-ups: 2,325,427
• New accounts in last 7 days: 39,356 [Up by 4.9K in last 2 days]
• Amount of WLD claimed by users: 31.8 M WLD [+0.5M in last 2 days]
• Daily wallet transactions average in last 7 days: 129,683 [+48.1K in last 2 days]

Worldcoin – Buy or Sell, Crowd Poll

• July 28th: +47.4%
• August 1st: +68.2%
• August 31st: +39.7%
• September 26th:+45.1%
• September 28th: +43.7%

Latest Worldcoin News

Over 200,000 individuals in Chile have verified their World ID, showing strong interest in the privacy-focused digital identity protocol introduced with the Worldcoin project launch in July. This represents over 1% of the country’s 19.5 million population. To keep up with this demand, Tools for Humanity has expanded its operations to Vina del Mar and Concepcion, in addition to their existing presence in Santiago.

Worldcoin Price Prediction Today, Tomorrow and Week

• Worldcoin Price Prediction in the next 24 hours is between $1.63 and $1.77
• Worldcoin Price Prediction this week is between $1.66 and $1.78

Worldcoin Price Prediction 2023, 2025 and 2030, Aggregated

• Worldcoin Price Prediction 2023 is $3.08
• Worldcoin Price Prediction 2024 is $5.16
• Worldcoin Price Prediction 2025 is $7.00
• Worldcoin Price Prediction 2026 is $10.1
• Worldcoin Price Prediction 2027 is $12.3
• Worldcoin Price Prediction 2028 is $16.9
• Worldcoin Price Prediction 2029 is $22.9
• Worldcoin Price Prediction 2030 is $24.2

Worldcoin Price Prediction: Can WLD Reach $100?

In order for WLD to reach $100, it would need to increase by a factor of 42. At $100, Worldcoin’s Market Cap will be $10 Billion. If Worldcoin were to grow at a rate of 25% each year, it would take about 17 years to reach $100. Let us evaluate this data

• Quality of Investment- Moderate
• Growth required to reach $100- Feasible (Example: Bitcoin was priced at $0.1 in October 2010. 12 years later, It is 22000 times higher)
• Market Cap at $100- Not Feasible
• Time required to reach $100 if it were to rise at 25% per annum- Not Feasible

Considering the criteria Quality of Investment, growth required and time required, Worldcoin has a low to moderate chance of reaching $100 within the calculated time.

Worldcoin Price Prediction: Is Worldcoin a Good Investment?

Worldcoin’s goal is to create a huge global system where everyone can have a piece of the identity and money pie. At its core is the World ID system. This system lets people prove they’re real humans online without giving away their personal details.

What Problem Is Worldcoin Solving? A perspective by Influencer cryptunez 🎮 @cryptunez

Sam Altman’s Worldcoin aims to tackle the Sybil problem, where individuals impersonate multiple identities to exploit systems, a significant concern in blockchain and democratic voting. Worldcoin employs iris scanning to create a unique code for each individual, which is then integrated into a Merkle tree for secure verification. Unlike traditional KYC methods that rely on government-issued IDs, Worldcoin uses Zero-Knowledge Proofs to validate identity based on the iris code without disclosing other data. This innovation could enhance existing systems like voting and enable new applications, such as global airdrops, with the overarching objective of authenticating personhood without infringing on personal identity.

The digital age requires mechanisms to verify human participation. Worldcoin believes that biometric tools are the method to confirm humanity. They’ve introduced World ID, a system that validates human presence while safeguarding data. World ID offers a solution, allowing people to authenticate their identity across platforms, from internet systems, and social media, to government programs. World ID aims to be a solution for distributing tokens, curbing fake accounts, or allocating resources by administrations.

Worldcoin aims to establish a global identity and financial system by distributing a portion of its WLD tokens to individuals for being human. With World ID, users can prove their presence on any digital platform. Addressing privacy concerns, Worldcoin developed the World App for transactions without personal details and the Orb device that confirms human authenticity by generating iris codes. Using zero-knowledge proofs and the Semaphore protocol, Worldcoin ensures World ID usage remains indiscernible in an open-source environment.

WLD Crypto Token

As per the whitepaper, WLD isn’t just money. It lets people have a say in how Worldcoin works. Instead of just the usual “more coins = more votes” way, Worldcoin’s ID system could let every person have one vote. There’ll be discussions about the best way to use the ID and the coins for decisions in the future.

Worldcoin’s main goal is to create a big global system where everyone can have a part in it, and it’ll be useful in a future where AI is everywhere. Here’s what they plan for the WLD coin:

• WLD Crypto allows users to vote and influence the future of the Worldcoin protocol.
• World ID combines “one-person-one-vote” and “one-token-one-vote” governance mechanisms.
• Possible uses of WLD tokens include governance, payments, remittances, tipping, supporting causes, and as a global store of value.
• Most WLD Crypto coins will be given to people just for being themselves. They want to give WLD coins to as many people alive today, aiming to make it the most common digital money out there.
• The WLD Crypto, along with a special World ID, will be used to make decisions about the system.
• The WLD coin will be the base of a big system that protects people’s identity and financial information.

WLD Crypto Tokenomics

Initial token supply is capped at 10 billion WLD for 15 years, followed by a potential annual inflation rate of 1.5%, decided by governance.

• 7.5 billion WLD Crypto allocated to the Worldcoin Community will be minted before launch.
• Investor tokens, development team tokens, and TFH reserve tokens will be locked up for varying durations post-launch before being released.
• The initial circulating supply at launch is a maximum of 143 million WLD Crypto, with the aim of creating a network with as many humans as possible.
• Circulating supply will increase over time due to user grants and WLD Crypto tokens given to Orb Operators for verifying individuals.

Worldcoin has been a moderate case for Investment so far though it has offered numerous profitable but high-risk trading opportunities in the last few months.

World Coin Price Prediction: Is Worldcoin Legit?

Worldcoin Security Audit

Two security assessments were conducted on both off-chain and on-chain components of the Worldcoin protocol.

1. Auditing Entities: In April 2023, audit firms Nethermind and Least Authority conducted two separate security audits of the Worldcoin protocol.
2. The audits covered areas such as correctness of implementation, common and case-specific implementation errors, adversarial actions and attacks on the code, secure key storage and management, exposure of critical information, resistance to DDoS attacks, vulnerabilities in the code, protection against malicious attacks, performance issues, data privacy, and inappropriate permissions.
3. Nethermind focused on auditing the protocol’s smart contracts, including the World ID contracts, the World ID state bridge, the World ID example airdrop contracts, the Worldcoin tokens (WLD) grants contracts, the WLD ERC-20 token contract, and its associated vesting wallet. Of the 26 items identified during this security assessment, 92.6% (24) were fixed after the verification stage, one was mitigated, and one was acknowledged.
4. Least Authority focused on the protocol’s use of cryptography, including its use of the Semaphore protocol and the enhancements made to scale the protocol in a more gas-efficient manner. The team identified three issues and offered six suggestions, all of which have either been resolved or have planned resolutions.
5. Both companies’ audits were thorough. Some items identified were due to the protocol’s dependencies on Semaphore and Ethereum, such as elliptic curve precompile support or Poseidon hash function configuration.
6. Details of both audits can be found in the Nethermind and Least Authority reports.

Worldcoin and WLD Crypto: Expert Analysis

Worldcoin, as analyzed by Vitalik Buterin, presents several strengths: its innovative use of iris scans for producing unique IDs ensures enhanced privacy by storing only hashes, the specialized Orb device offers greater security than traditional hardware; the requirement for in-person scans mitigates fake identity creations; and its open-source approach, with much of the Orb’s software being publicly accessible, promotes transparency. Moreover, by aiming to distribute Orbs worldwide, Worldcoin seeks extensive system accessibility. However, the platform also faces challenges: its reliance on specialized hardware may hinder accessibility in technologically lagging regions, raising centralization and proprietary concerns. Additionally, future tech developments might trick the system’s AI algorithms. Other weaknesses include the potential for ID renting, risks of governmental coercion or outright bans, and challenges in preventing the outsourcing of ID registration, leading to the possibility of “ID selling.”

Cory Klippsten, CEO of Swan Bitcoin, has raised significant concerns about Worldcoin. He emphasizes that Worldcoin is amassing a vast database of iris data, posing serious privacy issues. The platform’s incentives seem to particularly target those from less affluent regions, encouraging them to provide this sensitive biometric information. A worrying outcome of this is the rise of a black market for verified credentials, making it possible for individuals to own multiple digital identities for a nominal amount. Klippsten believes that Worldcoin’s structure is ineffective in preventing these “sybil attacks,” undermining system trust. Even though Worldcoin claims to discard sensitive biometric data after field-testing, Klippsten remains unconvinced, viewing this as a mere call for unwavering user trust. Furthermore, while Worldcoin champions its use of zero-knowledge proofs for user privacy and authentication, Klippsten dismisses it as more of a promotional tactic than a genuine solution, detracting from the core trust issue.

Molly White, a crypto researcher, has voiced several criticisms of Worldcoin. She points out that the platform hasn’t distinctly defined its purpose, with its objectives seeming both ambitious and nebulous, covering broad goals from global democratic initiatives to distributing AI-driven universal basic income. Furthermore, despite its pledges of eventual decentralization, Worldcoin is perceived as predominantly centralized, largely due to its custom Orb hardware, which remains exclusively under Worldcoin’s jurisdiction. A troubling trend is the rise of a black market for Worldcoin accounts, where individuals receive payment to register for a World ID and subsequently transfer its ownership, paving the way for potential misuse. White also flags Worldcoin’s capability to amass an extensive biometric data database with indeterminate future applications. Additionally, she emphasizes the system’s lack of consistent verification and the challenges associated with account recovery once it transitions to another’s possession.

Worldcoin Price Prediction: Where to buy Worldcoin?

The Top 5 Exchanges for Trading Worldcoin are

• Binance[Worldcoin Binance]
• Huobi
• OKX
• XT.com
• Pionex

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

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