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ChatGPT says that Worldcoin is on an unstoppable upward trajectory

Nov 05, 2023 - ambcrypto.com
Worldcoin, a cryptocurrency project that uses eye-scanning technology to differentiate between humans and bots, has seen its value fall by almost 50% since its launch in July. Despite this, it has grown its user base and currently has over one million monthly active users. The project has faced criticism over data privacy concerns, with regulators in the UK, France, Germany, Kenya, and Argentina taking action against it. The AI language model, ChatGPT, was used to gain insight into Worldcoin's potential and ethical concerns, and it seemed to show support for the project.

However, the article suggests that investors should be wary of ChatGPT's potential bias towards Worldcoin, as the project was spearheaded by Sam Altman, the founder of ChatGPT. Despite the controversy, Worldcoin has allocated 75% of the initial WLD supply to its community, with 13.5% going to investors and 10% to the development team. The article concludes by stating that the decision to invest in Worldcoin requires careful consideration and due diligence, and that understanding the project's fundamentals, its long-term vision, and overall market conditions is crucial.

Key takeaways:

  • Worldcoin, a cryptocurrency project that uses eye-scanning technology to differentiate between humans and bots, has seen its value fall by almost 50% since its launch in July, but continues to grow its user base.
  • The project has faced criticism and regulatory action from various countries due to concerns over data privacy.
  • AI-language model ChatGPT, developed by Worldcoin founder Sam Altman, expressed a positive outlook for the potential of Worldcoin, despite some bias concerns.
  • Despite a significant dip in value, Worldcoin's on-chart metrics suggest a more bullish than bearish price trend, and the project has plans to unlock more of its token supply.
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