It is fashionable to add the "AI" label to projects even if there are minimal or no AI-based functions. Today, we will talk about one crypto project that actually uses artificial intelligence and the potential of its tokens.
Worldcoin➡️ $240 million raised from Tier 1-2 funds➡️ Sam Altman➡️ seeking trillions of dollars to produce chips to expand and support AI capabilities.
I think it is clear to many that the AI sector itself will develop and the bubble will be inflated to even more global proportions...
But time plays an important role here⏳
At an event in San Francisco, Worldcoin co-founders (including Altman) presented important updates to the project:
• Orb next generation retinal scanner
• World App 3.0
• Mainnet L2 World Chain
• World ID 3.0
In one of the posts I already said that most likely this is a long game, possibly more than one cycle...
By token:
• Since July 2024, there have been daily unlocks for investors.
• The average purchase price is around $0.2, which is about x11 from the current ones (this is easy to understand)
• Are funds currently dumping their coins into the glass?
- I have no idea.
In my opinion, if we consider assets in the AI category believing that this bubble will still be inflated, then I would consider WLD first of all during corrections, since the project has the support of crypto funds and the technology and the founder who created OpenAI ...