Binance Announces Listing of Sam Altman’s WorldCoin, Opens Deposits

Binance, the world’s largest cryptocurrency exchange, is now enlisted WorldCoin (WLD) is the highly anticipated digital asset founded by Sam Altman, CEO of OpenAI. This listing has attracted immense attention from the global crypto community, with investors eager to participate in this new venture. The listing announced today at 12:00 will include trading pairs such as WLD/BTC, WLD/USDT, and WLD/USDC.

WorldCoin (WLD) aims to empower humanity in the era of AI WorldCoin and revolutionize the digital identity landscape in the era of artificial intelligence.

As the project’s service token, the WLD token has essential governance features. This ambitious endeavor introduces the World ID system, the Orb with iris scanner, and the World App Wallet.

Despite privacy and security concerns expressed by experts, Altman is confident that WorldCoin’s open-source AI technology with iris scanning capabilities will reduce these concerns over time.

Crypto Exchanges Line Up To List WorldCoin’s Newly Launched WLD Token

Binance is not the only cryptocurrency exchange participating in the listing of WorldCoin’s newly launched WLD token. Several other major exchanges including OKEx, Huobi, Bybit and Get.io have also joined the board to provide trading services for WLD.

These listings have given rise to a fledgling fledgling token (WLD). The token saw a notable jump in early trading on Bybit, reaching a high of $2.79 within minutes of its debut. With a total supply of 10 billion tokens, the fully diluted value of WLD tokens currently stands at a worrying $25.6 billion.

WLD falls from $2.99 to $2.199 | Source: WLDUSDT on TradingView.com

WorldCoin’s ambitious vision and support

Sam Altman’s mission to provide universal access to cryptocurrencies has impressed investors and communities around the world. The World ID system, authenticated through iris scanning technology called “The Orb”, aims to establish a trustworthy and reliable global identification system for all individuals.

Backed by $115 million in funding from the Series C funding round, the project is expected to make significant progress towards achieving its goals.

World ID’s ability to differentiate between real humans and AI-generated entities has caught the attention of Twitter co-founder jack dorseyWho is confident of his bright future.

“At no time should any corporation or state own any part of the global financial system,” Dorsey said in response to a tweet from the WorldCoin Twitter account.

As the project gathers momentum, its role in reshaping the economy through generative AI and potentially contributing to the concept of a universal basic income is becoming increasingly clear. However, whether it will be good or bad remains to be seen.

Featured Image from CryptoSlate, Chart from Tradingview.com