Sam Altman’s Worldcoin project, which recently launched its own blockchain called World Chain, has seen little impact on the token’s performance. Worldcoin has dropped by 3% in the last 24 hours and has only risen by 0.8% over the past week. In contrast, Bitcoin has remained relatively stable, rising 5.3% over the last week. Despite concerns raised by Ethereum creator Vitalik Buterin and lawmakers in Mexico, Malaysia, and Argentina, Worldcoin’s Proof-of-Personhood protocol aims to bank the unbanked by requiring users to visit biometric eyeball scanners called “Orbs” and submit a snapshot of their eyeballs. The launch of World Chain has brought 15 million verified users onto the chain. While the token’s performance may have been underwhelming, there is potential for appreciation in the future. Meanwhile, Crypto All-Stars, a new protocol that allows meme coin holders to generate value from their holdings, has raised over $2.5 million in its presale. The protocol allows users to stake meme coins and earn passive income in the form of $STARS.
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