Worldcoin (WLD), a cryptocurrency created by OpenAI’s CEO, Sam Altman, reported phenomenal success with its World App. However, its World ID system continues to raise privacy concerns.
Its latest update, shared on November 1, reveals a download rate that has surpassed 4 million since launch. And a user base that has doubled, demonstrating a robust uptake by Worldcoin enthusiasts worldwide.
Moreover, the company also reported more than 22 million transactions in six months. All were carried out by an average of 1 million monthly active users. Notably, Tools for Humanity (TFH), the company behind Worldcoin’s development, also reported 500,000 weekly active users in the same period.
Linear unlocks per day. Source: token.unlocks.app
Additionally, the eyeball scanning model through Worldcoin’s Orbs continues to raise criticisms and privacy concerns.
