Worldcoin: 10M Users, 70M Transactions & 13+ Goat Purchases

Worldcoin’s World App has achieved a significant milestone, with a total of 10 million users signing up for the platform. This impressive number includes an average of 2 million new users every day and more than 5 million on a monthly basis. What’s even more remarkable is that these milestones have been accomplished in less than a year since the app’s launch in June 2023. Tiago Sada, the head of product at Tools for Humanity, Worldcoin’s parent company, reveals that the app now has more daily users than its total monthly user count back in January 2024.

Worldcoin is a cryptocurrency project that aims to establish a universal basic income system. To register with the company’s “World App,” users must have their eyes scanned by specialized machines called “orbs.” Remco Bloemen, the head of blockchain at the Worldcoin Foundation, emphasizes that World App is not the only solution provided by the Worldcoin protocol. The goal is to encourage other developers to create alternative wallets for the protocol to cater to different user preferences.

A notable use case of World App involves a user in Kenya who shared their gratitude for being able to buy a goat using the funds they received through a Worldcoin airdrop. The crypto community rallied behind the user’s story and sent additional cryptocurrency, allowing them to purchase even more goats. This heartwarming tale resulted in the goat being named “Sam” after Sam Altman, the co-founder of Worldcoin and CEO of the AI startup OpenAI.

It’s worth noting that OpenAI’s ChatGPT product is currently recognized as the leading generative AI technology. The Worldcoin community has expressed interest in exploring alternatives to World App to ensure that a broader range of individuals can engage with the cryptocurrency project based on their own preferences and needs.

The rapid growth of Worldcoin’s World App, with 10 million users and counting, demonstrates the increasing interest and adoption of the platform. The ability to provide a universal basic income system and the heartwarming story of the Kenyan user purchasing goats have captured the attention of both the crypto community and the general public. With its goal of inclusivity and the potential for alternative wallet solutions, Worldcoin is positioning itself as a prominent player in the world of cryptocurrencies and blockchain technology.