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Worldcoin Hits 10M Users, Fuels 70M Transactions, Buys 13 Goats

A Kenyan user purchases goats using Worldcoin, showcasing the cryptocurrency's utility in everyday transactions.

Fri, 12 Apr 2024, 02:53 am UTC

Worldcoin's World App has surged to 10 million users in less than a year and executed over 70 million transactions. Among its quirky milestones is facilitating the purchase of at least 13 goats in Kenya, highlighting the app’s growing versatility and reach.

Worldcoin's User Base Skyrockets, Reaching Daily and Monthly User Milestones Rapidly Post-Launch

Worldcoin's World App has ten million registered users, with an average of two million per day and more than five million monthly, as per Cointelegraph.

These milestones come less than a year after the service's launch in June 2023. Tiago Sada, head of product for Worldcoin's parent company, Tools for Humanity, says the project now has more daily users than it did in January 2024.

Worldcoin Expands Beyond World App, Aiming for Diverse Cryptocurrency Solutions and Inclusivity

Worldcoin is a cryptocurrency project dedicated to establishing a universal basic income. Users register their identities with the company's "World App" by having their eyes scanned in person by machines known as "Orbs."

According to Remco Bloemen, head of blockchain at the Worldcoin Foundation, World App was not intended to be the only solution on the Worldcoin protocol, "Our hope is that this will encourage other contributors to develop additional wallets for the protocol, as different users have different needs and preferences for their wallet apps. In other words, down the road the Worldcoin community has expressed interest in alternatives to World App, so that a wider range of people can engage with Worldcoin as they choose."

From Cryptocurrency to Livestock: Kenyan User Buys Goats with Worldcoin, Names One After Co-founder Sam Altman

According to TradingView, one of the more notable use cases for World App recently has been the viral story of a Kenyan user who expressed gratitude for being able to purchase a goat with funds received from a Worldcoin airdrop.

The crypto community rallied around the individual, sending an undisclosed amount of cryptocurrency, which they reportedly used to purchase additional goats, bringing their total to "13 and counting."

The goat pictured above was given a proper name: "Sam." When asked on X why the owner chose that name, they explained that it was named after Sam Altman, the co-founder of Worldcoin.

Altman is also the co-founder and CEO of OpenAI, a unicorn artificial intelligence (AI) startup that was previously not-for-profit. The company's ChatGPT product is currently considered the cutting-edge of generative AI technology.

Photo: Microsoft Bing

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