Aston Lukoye
- World Coin, a freshly founded cryptocurrency network, is compensating Kenyans for registering on the site through eye verification.
Since its launch, the trading platform has attracted a large number of individuals surrounding malls and other areas, most particularly university students.
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The World Coin as a Cryptocurrency
Cryptocurrency is an extensive trading network. It has millions of users all over the world. World Coin is the most recent crypto trading platform established in Africa, the second most popular after others.
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World Coin was founded by Sam Altman, the CEO of OpenI (ChatGPT). World Coin, according to Sam, is a worldwide financial and identity network based on proof of personhood. Which according to him, he claimed was crucial in the era of artificial intelligence.
What exactly is Worldcoin?
Worldcoin is not any ordinary cryptocurrency; it is a ground-breaking digital currency to establish a more inclusive and equitable global financial system.
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Worldcoin aims to become the world’s most accessible and fairly distributed digital currency, powered by innovative technology. The Unique Aspect of Worldcoin: Unlike traditional cryptocurrencies, Worldcoin has implemented a pioneering method for its distribution.
Rather than relying on traditional mining, they’re distributing currencies in such a way that nearly every person on the earth has a chance to possess some Worldcoin. This might have a huge impact on global financial inclusion and produce a more equitable wealth distribution.
World Coin in Kenya
Since its introduction, the World Coin has attracted many Kenyans, primarily from the Nairobi area. The large number of queues is going by surprise as you go around the city’s major shopping malls. This shows that Kenyans aren’t ready to get left behind when it comes to technology.
How Kenyans Profit from World Coin
Several people are joining World Coin, by obtaining the app from the Google Play store and registering. Following successful enrollment, one receives grants of 25 coins, which is approximately 25000 Kenya shillings. One coin costs between $6 and $10 (Ksh 800-1500).
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To successfully claim your awards, you may be required to verify your identity by iris scanning, which includes eyes. Something that has left many in shock, especially those unaware of what is going on. The ORB centres are located in several places around the Cities. Every month, World Coin gives its users additional grants, which either can be withdrawn using Binance and various alternatives or traded.
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The Grants are merely incentives and a marketing tactic designed to entice more people to join the platform and make it competitive. Even though World Coin is prohibited from conducting business in the majority of countries, including the country of its origin, (USA) the situation is escalating. However, the founder is confident that they will reach their aim of 1 billion within the set
