kiri

investor, developer, web3

[AX1 @ax1vc]

[NEW] Research: https://t.co/cZhlfmaPNp

From the competitive landscape of #TrustWallet & #MetaMask to the evolving regulatory frameworks, our latest research offers a 360 degree view of the Web3 Gate.

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Who will create the Super App to reshape the economy?

[AX1 @ax1vc]

Worldcoin: A Rapid Hype or a Disruptive Force in Web3 with a Reach of 100 Million Users?

Actually, we don't really care whether he can achieve it or not.

The crucial aspect lies in identifying the potential for smart money opportunities in this scenario.

Let's delve into the topic and explore it further.

In the past month, we have witnessed significant buzz surrounding #Worldcoin.

Initially, there was significant funding of $100 million; then, rumpus arose concerning the black market for unique iris pattern.

Let's highlight the two key aspects that the project accomplishes:

- digitalization of the global population through iris pattern scan collection = for identification purposes.
- integration of a global financial network with blockchain elements = essentially a next-generation crypto neo-bank.

The project goes beyond simply integrating different elements of #Web3 and instead creates its own distinctive 10-in-1 layer.
This is a large-scale endeavor and may appear excessively ambitious, as it requires powerful triggers and massive liquidity injections from the appropriate sources to propel such an ecosystem.

However, four compelling factors contribute to the potential success of this social effect:

1. Worldcoin is led by Sam Altman, a prominent figure in the field of AI (Google keywords: OpenAI and Y Combinator), whose influence is currently highly significant and hard to underestimate.

2. Worldcoin’s funding is impressive in its volume - currently amounting to up to $150 million and with the potential to reach up to $10 billion through late-stage investments.

3. Their product exhibits the highest quality with privacy-oriented data processing, a robust wallet ecosystem, and a strengthened response to banking crises.

4. Their goal is to onboard up to 50 million users at launch, with the potential for widespread growth fueled by numerous social effects within the tokenomics.

Worldcoin can be seen as a turbocharged bulldozer ready to reshape the market of Web3 wallets, which could potentially provide a significant boost to their competition, quality, and funding volume.

This is essentially the first significant endorsement from Tier 1 projects in the Silicon Valley towards the Wallets category.

If WLD listings go live in June, it is likely to rapidly ascend the rankings and secure a spot within the TOP 20 on CoinMarketCap.

Uniswap's inclusion in the TOP 30 is also a significant milestone.

#Metamask token continues to generate buzz and remain prominent in the industry.
However, Worldcoin's aggressive push into the web3 ecosystem, aimed at controlling the flow of critical web3 data and liquidity, is a game-changer.

Furthermore, we must consider the industry backing from Twitter and Elon Musk, effectively making them a financial powerhouse in the world of cryptocurrencies and indicating their increasing involvement in web3.

Ultimately, what we have is a lineup of high-profile attempts to enter the web3 gateway and assert themselves as the dominant gatekeeper.

In essence, it's the only remaining and unresolved race in the crypto world, with no definitive winner yet.

As we already mentioned in our Wallet Research ( https://t.co/z1dpfIsHC6), there is essentially a single option available for smart money in the market to place their bets, and that option is #TrustWallet, which will be compelled to shoulder the responsibility.
Indeed, given the potential funding of up to around $5 billion from its parent company, Trust Wallet has evolved into a highly influential entity that surpasses the entire #Binance ecosystem in significance.

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[AX1 @ax1vc]

Our first deep dive is focused on THE Crypto Wallet Market and the industry leader, @TrustWallet

Why #TWT has already won and how it presents unique smart money opportunities.

Full report: https://t.co/iWefH7rdsR

Crazy things that no one notices.

In memory of #MetaMask

[kiri @kiri_crypto]

@dydxfoundation