Eightco Holdings Inc. Launches Worldcoin Initiative, Aiming for 800 Million Tokens and 8 Billion Verifications
Eightco Holdings Inc. Launches New Worldcoin Initiative
In a groundbreaking move within the cryptocurrency realm, Eightco Holdings Inc. (NASDAQ: ORBS) recently unveiled its ambitious initiative known as the 'Power of 8'. This innovative strategy seeks to issue 800 million Worldcoin (WLD) tokens while simultaneously aiming to verify 8 billion individuals globally. This launch is part of a larger vision to secure digital identity verification amidst growing concerns over online trust and real vs. fake identities.
Three weeks after the kickoff of the Worldcoin Treasury, the initiative has already marked significant milestones. As of October 1, 2025, Eightco reported that they have successfully verified 16.9 million individuals around the world, with 1.9 million new verifications since the launch. This rapid growth underscores the urgent need for trustworthy digital identification solutions in an increasingly digital age.
The Significance of Worldcoin and the Role of Trust
Dan Ives, the newly appointed chairman of the board for Eightco Holdings, accentuated the importance of digital identification in today's internet landscape. He pointed out that World serves as a unique access point to the age of artificial intelligence (AI). According to Ives, this initiative is revolutionary as it enables individuals to conduct transactions online in a secure and anonymous manner.
The landscape of AI is evolving rapidly, and with it, the financial implications are monumental. As industries adapt to AI integration, the value of large language models (LLMs) is projected to reach up to $3 trillion. Furthermore, the cybersecurity domain remains crucial as it delves into creating a 'Proof of Human' system, touted to be worth $10 billion on its own. Ives forecasts that the potential market for such verification could soar to between $200 billion and $300 billion, materially boosting the price of Worldcoin to an estimated $20 to $30 per WLD token.
Laying Empowering Foundations with the 'Power of 8'
The 'Power of 8' initiative is not merely about tokens; it represents a sweeping paradigm shift in how humans interact online. If successful, it could redefine communication and transactions on the internet, heralding a more interconnected world where individuals' identities can be securely verified. According to Sam Altman, co-founder of both World and OpenAI, the underlying technology aims to empower individuals in their ability to exchange value seamlessly, which is critical in this new service-oriented economy.
Furthermore, the initiative opens discussions surrounding the necessity for financial networks and how authentication plays a pivotal role. Altman emphasized that the ultimate goal is to facilitate valuable exchanges between people and AI systems—a notion critical as the world moves forward with intelligent agent systems.
The Blockchain Advantage
With the rise of cybersecurity concerns, the blockchain technology emerges as a pivotal solution. Not only does it enhance security, but it also democratizes the verification process. Ben Horowitz, a key figure in the tech industry and co-founder of Andreessen Horowitz, states, "Cryptocurrency serves as the economic network for AI; it's the currency of the internet." This establishes a new economic infrastructure which would empower both people and AI to utilize their identities in meaningful ways across digital platforms.
Eightco Holdings Inc.'s Commitment to Digital Identity
As a pioneer in establishing a comprehensive framework for digital identity, Eightco Holdings Inc. is dedicated to harnessing and capitalizing on innovative verification technologies. The exclusive Orb verification technology is designed to meet the rising challenges of identity and security, providing a reliable path to secure digital identities. By ensuring the legitimacy of user identities, the initiative endeavors to cultivate trust and facilitate seamless economic exchanges on online platforms.
With initiatives like the 'Power of 8' leading the way, Eightco is well-positioned to make a significant impact on the future of digital identity verification. The company is fully committed to leveraging advanced technology to build an interconnected digital ecosystem that prioritizes user security and trust.
For those interested in following the developments of Eightco Holdings and the Worldcoin initiative, further information can be accessed on public channels as the firm progresses in this crucial domain of digital identity and transaction verification.