Worldcoin Price Prediction: Will it Overtake Bitcoin?

Worldcoin is a crypto acting as a digital passport issued after scanning the user's iris. This project raises serious questions about the need for controversial digital identity creation methods. The concept of "orbing" seems like a dystopian surveillance tactic, reminiscent of a sci-fi movie, rather than a practical and ethical solution. 

The risks of mishandling sensitive biometric data and violating individuals' privacy rights are not to be taken lightly, and the absence of proper regulatory scrutiny in some regions is alarming. With its potential, many people wonder if it may overtake Bitcoin. However, BTC20, an ERC-20 Bitcoin version also known as green Bitcoin, is making quite a huge splash and can easily outshine this controversial project. 

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Worldcoin Price Prediction 

Before diving deeper into the details of this project, let's first take a look at the price prediction table.

Worldcoin is a project founded in 2019 by Sam Altman, Max Novendstern, and Alex Blania. The project aims to create a "digital passport" utilizing "Proof of personhood." In order to obtain a Worldcoin ID, users are required to undergo an in-person iris scan using the project's AI-powered scanners called orbs.

According to data from Crunchbase, Worldcoin successfully raised $125 million through two funding rounds. The Series A round was initiated on October 21st, 2021, and it was led by Andreessen Horowitz, resulting in funding of $25 million. Following the Series A round, Worldcoin initiated an ICO, which raised $100 million through investments from Andreessen Horowitz and Khosla Ventures. 

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As of the time of writing, the project is still in its infancy, having been launched on July 24th. After the launch, the price of Worldcoin significantly increased by more than 42%. Since then, the price has experienced some correction, and the current value of WLD stands at $2.38. 

According to the experts, the maximum price could go up to $9 by the end of 2030, but the question that bothers many people is, would this crypto really conquer the world? Could it overtake Bitcoin? Well, it is highly unlikely due to people's fear surrounding Al technology. Since Bitcoin hovers around $29k and is too expensive for most investors, most people turn to BTC20. Here is why!

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BTC20 Poised to Leave Worldcoin Behind

Bitcoin has made a huge difference to the world as we know it. The recent launch of BTC20 has made it clear that BTC history can be recreated, and it was done with the goal of giving investors one more shot at getting it at the modest price of $1. This pricing pays tribute to Bitcoin's early days in 2011, infusing the project with a nostalgic touch.

BTC20's straightforward plan has already proven to be a game-changer, yielding significant results during the ongoing presale aimed at funding marketing efforts and expanding the project's scope. But BTC20 goes beyond mere symbolism; it introduces an innovative passive income-staking feature akin to a modern version of Bitcoin's block reward mechanism. What sets it apart is its eco-friendly nature and accessibility for all.

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Compared to WLD, it is easy to understand why people prefer investing in BTC20. The launch of Worldcoin's eye-scanning site in London on Monday raised eyebrows as people lined up to participate in the questionable "orbing" process. This procedure involves scanning individuals' irises to verify their humanity and eligibility for a "World ID" on the Worldcoin smartphone app. As a reward for undergoing this concerning procedure, participants are handed roughly £40 worth of the project's cryptocurrency, WLD.

It is concerning to note that this "orbing" process is being rolled out in 35 cities across 20 countries, indicating a widespread invasion of privacy in the name of digital identification. However, it is notable that the rollout conveniently skips the United States, where regulatory concerns seem to be holding up the currency's introduction. One cannot help but wonder whether the absence of regulatory approval in the US is due to the potential ethical and legal implications of such a biometric identification system. At the same time, the presale of BTC20 is progressing extremely fast.

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BTC20 Presale going strong – More than $2 million raised

During the presale, 6.05 million BTC20 tokens will be available, just like the original token supply for BTC back in 2011. Any unsold presale tokens will be incorporated into the BTC20 staking contract before the official listing, ultimately capping the total supply at 21 million BTC20 tokens. This offers investment opportunities and enables active token holders to stake their assets and earn a portion of the staking rewards. The brilliance of this staking mechanism lies in its community-driven approach. As more people participate in staking, the collective rewards grow, leading to prosperity for everyone involved.

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By embracing staking with BTC20, the investors will not only tap into the inherent value of the tokens but also reap the rewards distributed through the staking contract. Following the original Bitcoin token release schedule, these rewards are released with each block confirmation, ensuring steady and sustainable growth in the long run. With a well-thought-out design intended to offer reliable returns for around 120 years, it's no wonder that BTC20 is being hailed as an absolute gem with the potential to yield remarkable returns for investors.

If you're seeking a project that combines a rich history, innovative features, and a community-focused growth strategy, BTC20 is undoubtedly an enticing opportunity worth exploring. Don't miss your chance to be part of this thrilling journey, where possibilities for substantial rewards abound!

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Conclusion

The world is facing many changes, and one of the biggest ones is the use of Al. Having a crypto that directly uses it raises many questions, which is why it may hardly achieve the desired results. On the other hand, BTC20 is an environment-friendly token that is a fresh opportunity for big gains, just like BTC brought to early investors in the past, making it easy to see why it is poised to outshine it!