We all heard about Worldcoin raising $115 million, but where is it now?š
With the recent fundraising and launch of the World App (3 weeks ago), you might want to know where the Worldcoin ecosystem really stands. I collected string data to answer that question.
To give you some context, Worldcoin is trying to build the world's largest identity and financial network. Use human biometric data like a passport to navigate the web3 world and empower anyone with its benefits.
Worldcoin Wallet uses account abstraction through SAFE contracts and thus creates on-chain data that is immutable and public. This started in October 2022 š
Let's take a look at the wallet's activity since then:
š¼ 1.3 million wallets have been created in the past 8 months. This equates to +160k wallets per month on average.
š In total, more than 3.5 million transactions have been performed.
š¦ More than 1.2 million transactions on Uniswap, with a volume of $2.4 million. So the average transactions are quite small ($2).
The project is very ambitious and I hope these statistics have given you an overview of Worldcoin's current infrastructure and development. Do you think this is enough?
Source: Nataniel Elkaim
