- The rapid growth of Tools for Humanity’s World App, reaching over 10 million users in a relatively short time, highlights the increasing adoption of Worldcoin-compatible wallets across the globe.
- The app’s popularity, with users in over 160 countries and 2 million daily active users, suggests a rising demand for biometric cryptocurrency and innovative digital wallet solutions.
The World App, a Worldcoin-compatible wallet developed by Tools for Humanity, has reached an impressive milestone with over 10 million users since its launch last year. The app’s success reflects growing interest in Worldcoin, the iris-enabled biometric cryptocurrency project founded by OpenAI CEO Sam Altman.
The wallet has attracted users from over 160 countries and boasts 2 million daily active users. This significant user base aligns with Tools for Humanity’s efforts to enhance data management tools for Worldcoin users. Tiago Sada, Product Head at Tools for Humanity, expressed enthusiasm about the achievement, noting the positive impact it represents.
With an average transaction speed of 7.1 transactions per second, the World App offers performance on par with leading self-custodial wallets. Since its debut in May 2023, the app has handled more than 70 million wallet transactions, underscoring its growing popularity.
The wallet’s growth coincides with the introduction of two new privacy features for Worldcoin: a mechanism to revoke permissions for World IDs through permanent iris code deletion and in-person age verification checks at each humanness verification location. These updates emphasize Worldcoin’s commitment to privacy and user control.
Overall, the World App’s rapid expansion highlights the increasing interest in Worldcoin and the potential for biometric cryptocurrency projects in the global market.
World App’s Milestone Highlights Growing Popularity of Worldcoin
The World App’s achievement of surpassing 10 million users marks a significant milestone in the adoption of Tools for Humanity’s Worldcoin-compatible wallet. The wallet’s strong user base, along with its recent privacy-focused updates, underscores the increasing interest in Worldcoin and the potential for biometric cryptocurrency projects.
As World App continues to grow, its impact on the global cryptocurrency market is poised to expand further.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
