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Reading: Worldcoin Project Integrates Blockchain Identity Services with Solana Network
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COINTURK NEWS > Altcoin News > Worldcoin Project Integrates Blockchain Identity Services with Solana Network
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Worldcoin Project Integrates Blockchain Identity Services with Solana Network

In Brief

  • The Worldcoin project provides blockchain-based identity verification services.

  • Integration with Solana allows for broader use of World IDs in various applications.

  • Price forecasts indicate SOL Coin may struggle while WLD Coin requires a price recovery above $1.92.

Ömer Ergin
Ömer Ergin 2 years ago
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The Worldcoin project initiated by OpenAI’s CEO offers blockchain-based identity services. With identity verification through eye scans, users can prove they are real humans. As the online world continues to evolve, distinguishing between bots and real individuals may become increasingly challenging in the future.

Contents
Integration of World IDPrice Predictions for SOL Coin and WLD Coin

Integration of World ID

Sam Altman has consistently claimed that the Worldcoin project enables differentiation between real users and bots in the emerging Web3 era. Given that he leads OpenAI, which is expected to soon reach a valuation of $150 billion, his statements hold significant weight. Moreover, he is the driving force behind the Worldcoin initiative.

World IDs are theoretically compatible with various blockchains, and Wormhole has demonstrated this practicality. By completing the integration on the Solana $85 network, projects on Solana can now utilize World IDs for identity verification.

Price Predictions for SOL Coin and WLD Coin

While this integration enhances the capabilities of applications on the Solana network, it is unlikely to significantly impact prices. Currently, altcoins are closely tied to Bitcoin $75,226‘s performance, so the announcement is not expected to trigger short-term movements. SOL Coin remains around $132 but has yet to exceed $138. If it manages to close above this resistance, it could prompt a new attempt at reaching $162.

WLD Coin has declined by 87% over 187 days. Following a volatile period during negotiations with OpenAI, the price fell below $2 amid steady selling. A closing above $1.92 is required for a potential recovery.

There could be movement in WLD Coin if Sam Altman mentions it during discussions regarding OpenAI’s recent investment round valued at $150 billion.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 13 September, 2024 - 8:35 pm 13 September, 2024 - 8:35 pm
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