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Source: Opensea
NFT was launched by Worldcoin as a commemorative NFT for the launch of the World App on May 10.
The driving force behind the NFT Introducing World App’s floor price can come from the Worldcoin identifier project continuing to expand its ecosystem through a partnership with Optimism (Layer-2 on Ethereum).
On May 11, Optmism and Worldcoin announced their cooperation to develop the ecosystem. Worldcoin’s main products, World ID and World App, are currently available on the Optimism mainnet. This results in faster transaction confirmation times and lower costs.
Open AI co-founder (viral ChatGPT developer), Sam Altman, developed Worldcoin last year. Worldcoin has a metal orb that scans the user’s retina for authentication. Along with a harsh publication in the MIT Technology Review, Worldcoin sustained massive hits within weeks of its release. The review accused the developer of the cryptocurrency project, Tools for Humanity, of deceiving and exploiting workers.
Worldcoin aims to create a new financial system by combining digital identity and global finance. The project plans to launch its own token, Worldcoin, later this year, which users in eligible countries can claim weekly or monthly.
For users who are inexperienced with Worldcoin, the World App will serve as a simplified crypto wallet. World App will allow developers to use its biometrically verified human network. It will be a portal for World ID users to retrieve their World coin allocation. The token is still unavailable for claims in the US as the legal considerations and mechanics of the claims procedure in other countries are still ambiguous.
On a typical day, it processes around 60,000 transactions and 25,000 world ID verifications from over 100,000 people worldwide.
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