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Last week, the SPX index is up 2.2%, influenced by declining U.S. inflation and speculation about the Federal Reserve's future rate cuts. The broader cryptocurrency market is down, with Bitcoin and Ether dropping 0.47% and 0.39% respectively in the past 24 hours.
Today’s outperformer is WLD, which jumped 20.7% as Worldcoin and Rarimo enhance proof-of-humanity plug-in with biometric verification and Discord integration.
Worldcoin (WLD), launched in July 24, 2023, and founded by Sam Altman who founded OpenAI, uses AI and blockchain to offer global economic access. Worldcoin features a unique World ID to verify real users by using a biometric, iris-scan-based method for digital identity verification. Worldcoin is integrated into Rarimo's Proof-of-Humanity (PoH) plug-in, expanding its capabilities and extending its use to combating bots in online communities, enabling bot-free environments on Discord. The PoH plug-in's latest version offers multiple verification options, including new features like games and exclusive rewards.
NEARCON '23 in Lisbon was a landmark event for the NEAR ecosystem, spanning three days with groundbreaking partnerships, and a focus on AI and the open web. Illia Polosukhin, NEAR's co-founder and CEO, emphasized an internet where users control their assets, data, and governance, showcasing NEAR's role in this vision. Key features included the launch of the NCON token, partnerships with Polygon and EigenLayer, and integration with LayerZero for blockchain interoperability. The event also featured a hackathon, major announcements like the NEAR Data Availability Layer for Ethereum developers, discussions on Web3 regulatory issues, and an "AI is NEAR" track exploring AI's role in governance and work. The event concluded with a focus on governance and the NEAR Digital Collective, along with a celebratory party, reflecting NEARCON '23's commitment to a collaborative and open web future.