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Altcoin News

Worldcoin Hits 10 Million Users, Free Tokens Used for Goats in Kenya

Written By:
Gabriel Mael

Last updated: April 12, 2024 3:32 PM
Published April 12, 2024 2:08 AM
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Last updated: April 12, 2024 3:32 PM
Published April 12, 2024 2:08 AM
Worldcoin Sees Explosive Growth, Reaches 10M Users

Worldcoin, a cryptocurrency project with the ambition of a basic income program (UBI), is undergoing runaway growth. Launched in June 2023, the project has already exceeded 10 million registered uses on its World App and averages 2 million daily sign-ups. 

10m people are now on world app

it’s also now used by more people daily than we had per month when the year started

feeling grateful and excited for the road ahead pic.twitter.com/ghGfh9K5XQ

— Tiago Sada (@tiagosada) April 11, 2024

They exceed this objective by reaching and sustaining a daily number of monthly app users in a corresponding time frame.

World App passes users’ bio through iris scans from office machines called “orbs” in person. Remco Bloemen, the head of blockchain at the Worldcoin Foundation, emphasizes that World App is not the only solution. They push other developers who are developing wallets to introduce different wallets and features that will satisfy customer demands that may vary from one another.

A heart-warming Kenya story came to the daylights a few days ago. One Worldcoin user came out expressing the joy of being able to purchase a goat using the free tokens he got on his Worldcoin airdrop. 

The crypto community flocked around the individual, contributing an undisclosed amount of cryptocurrency, which they used to purchase additional goats, bringing their total to “13 and (more) goats”.

The first goat, named Sam after Worldcoin co-founder Sam Altman, symbolizes the project’s future impact on livelihoods.

Also Read: Community Labs Ignites Arweave with $35M AO Ventures Program

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Gabriel Mael
Gabriel is a crypto journalist on a mission to decode the future of finance. He breaks down complex concepts, keeping you informed on the hottest trends and innovations in the ever-changing crypto world.

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