🇺🇸At the end of August, the trading volume of AI tokens amounted to $870 million after $570 million a month ago. These estimates were given by Kaiko analysts.🇺🇸At the end of August, the trading volume of AI tokens amounted to $870 million after $570 million a month ago. These estimates were given by Kaiko analysts.
🤖In January, the figure exceeded $7 billion and has since been in a state of stagnation.
The launch of the Worldcoin (WLD) project did not fundamentally change the situation, according to experts.
Experts linked the weakening enthusiasm for the sector to a change in global attitudes towards risk.
🤖According to their calculations, the cumulative open interest in the five largest AI tokens, excluding WLD, fell from $170 million in February to $60 million in August.
🤖Recall that Worldcoin announced its official launch on July 24th.
🤖The main product of the project - the World ID protocol - is based on zero-knowledge evidence. It is a mobile tool that allows people to be identified using a retinal scan or phone number.
🤖Worldcoin has faced attention from regulatory authorities in various countries. Regulators in the UK, France, Germany and Argentina became interested in the compliance of the collection and storage of citizens’ personal information with current legislation.
🤖In Kenya, the project’s work was suspended, and searches were carried out at the company’s warehouses. A special committee has been created to study the issue in detail. Bot👉@ChatGPT_General_Bot