{"id":468571,"date":"2025-03-06T23:05:47","date_gmt":"2025-03-06T23:05:47","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=468571"},"modified":"2025-03-06T23:07:45","modified_gmt":"2025-03-06T23:07:45","slug":"worlds-wld-token-trades-at-an-all-time-low-despite-introduction-of-new-messaging-feature","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/worlds-wld-token-trades-at-an-all-time-low-despite-introduction-of-new-messaging-feature\/","title":{"rendered":"World&#8217;s WLD token trades at an all-time low despite introduction of new messaging feature"},"content":{"rendered":"<p>World (formerly known as Worldcoin) has unveiled World Chat, a new messaging tool integrated into the World App.<\/p>\n<p>According to a March 6 <a href=\"https:\/\/world.org\/blog\/announcements\/introducing-world-chat-connect-send-money-real-humans-world-network\">announcement<\/a>, this &#8220;Mini App&#8221; allows users to send messages and transact crypto within the World Network, enhancing communication and digital transactions.<\/p>\n<p>Mini Apps are lightweight web-based applications integrated within the World App. These applications give developers access to a global user base of over 24 million, including 11.3 million verified users.<\/p>\n<h2>World Chat<\/h2>\n<p>The chat function is linked to World ID and the World App wallet, allowing users to verify whether they are engaging with real people.<\/p>\n<p>The system helps reduce bot-driven spam and fraudulent interactions, making online conversations more trustworthy. Meanwhile, users who haven't undergone World's verification processes can still use World Chat.<\/p>\n<p data-start=\"922\" data-end=\"1269\">However, verified users enjoy an added layer of trust\u2014conversations with them display blue chat bubbles and a World ID gem in the upper right corner. In contrast, chats with non-verified accounts appear in grey bubbles without the gem.<\/p>\n<p>World Chat is currently in beta mode and provides users with end-to-end encryption that ensures secure conversations across the network.<\/p>\n<p>World stated that developers can incorporate World Chat into their Mini Apps to enable seamless messaging and friend invitations directly through the World App. This integration encourages interaction and enhances user engagement.<\/p>\n<h2>WLD's value sinks<\/h2>\n<p>The launch of World Chat comes at a particularly challenging time for World's native token, WLD, which recently fell below the $1 mark.<\/p>\n<p>Data from <em>CryptoSlate <\/em>shows that <a href=\"https:\/\/cryptoslate.com\/coins\/worldcoin-org-wld\/\">WLD <\/a>dropped over 26% in the past month, hitting $0.8813 on March 4. While it has since rebounded slightly to $0.95766, the token remains down more than 90% from its peak of $11 in March 2024.<\/p>\n<p>WLD's price struggle is surprising considering the <a href=\"https:\/\/cryptoslate.com\/worldcoin-surges-10-after-expanding-world-id-to-solana-via-wormhole\/\">continued expansion and growth of World<\/a> to new countries. In January, the project announced that it had verified over 10 million people on its digital identity network.<\/p>\n<p>However, regulatory scrutiny remains a significant challenge. Over the past year, authorities in several countries, including <a href=\"https:\/\/cryptoslate.com\/kenyan-authorities-claim-worldcoins-activities-amount-to-espionage\/\">Kenya<\/a>, <a href=\"https:\/\/cryptoslate.com\/german-regulator-orders-worldcoin-to-enhance-privacy-measures-after-biometric-data-probe\/\">Germany<\/a>, <a href=\"https:\/\/cryptoslate.com\/south-korea-levies-860k-fine-on-worldcoin-for-compliance-failures-related-to-data-collection\/\">South Korea<\/a>, Spain, and Hong Kong, have raised concerns over World's compliance with privacy laws, questioning how the crypto project collects and manages users' biometric data.<\/p>\n<p>Despite these complaints, World maintains that it <a href=\"https:\/\/cryptoslate.com\/worldcoin-clarifies-legality-issues-following-spains-ban\/\">adheres to all regulations<\/a> in its operating regions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World (formerly known as Worldcoin) has unveiled World Chat, a new messaging tool integrated into the World App. According to a March 6 announcement, this &#8220;Mini App&#8221; allows users to send messages and transact crypto within the World Network, enhancing communication and digital transactions. Mini Apps are lightweight web-based applications integrated within the World App. [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":468581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,77968,37],"tags":[78824,80103,80102],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>World&#039;s WLD token trades at an all-time low despite introduction of new messaging feature<\/title>\n<meta name=\"description\" content=\"Digital identity project World launches chat feature to boost engagement amid regulatory hurdles and token decline.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/worlds-wld-token-trades-at-an-all-time-low-despite-introduction-of-new-messaging-feature\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World&#039;s WLD token trades at an all-time low despite introduction of new messaging feature\" \/>\n<meta property=\"og:description\" content=\"Digital identity project World launches chat feature to boost engagement amid regulatory hurdles and token decline.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/worlds-wld-token-trades-at-an-all-time-low-despite-introduction-of-new-messaging-feature\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-06T23:05:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-06T23:07:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/03\/world-chat.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/worlds-wld-token-trades-at-an-all-time-low-despite-introduction-of-new-messaging-feature\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/worlds-wld-token-trades-at-an-all-time-low-despite-introduction-of-new-messaging-feature\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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