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Ice Network KYC Step #3 quiz answers

Ice Network KYC Step #3 quiz answers Ques 1: What strategies does the ice project employee to showcase the value and trust were the less of its digital currency in order to Garner broader adoption? Ques 1: How does the eyes project aim to demonstrate the value and reliability of its digital coin to gain wider acceptance? Ans : by building trust with owners and users. Ques 2: what is the primary role of the ecosystem growth and innovation pool fund within the ice network? Ans : to foster Innovation and expand the ecosystem. Ques 3: what kind of bonuses do you receive for Tier 1 friend referred by you and Tier 2 friends referred by your Tier 1 friends in the ice project? Ans : 25% for Tier 1 and 5% for Tier 2 Ques 4: what details are available on the team screen within the ice project app?? Ans : the current check in activity of your referrals. Ques 5: what is the fate of coins owned by users who become inactive within the ice project? Ans : They are gradually lost through progressive s...

World Coins - Do you think Kenyans are crazy ?

World Coins - Do you think Kenyans are crazy ? 

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Do you think Kenyans are crazy, foolish or just Stupid? I know this statement definitely, won’t rub shoulders well with many of us. Wait, can we describe ourselves as just a greedy lot? Well bet that’s a discussion for another day. Anyway, that aside, lets dig in on the crypto craze. Tulianza na bitcoin, halafu Ethereum, Shiba-inu, doge coin, usdt and the newest crypto babe in town, World coin

“Ama mashilingi ya dunia “as the streets would have it called. I pretty much know you are here to understand what this craze is all about, alright- let’s dig into it.

What is World-Coin?

Worldcoin is a digital currency or cryptocurrency that operates on a decentralized network, meaning it is not controlled by any single entity like a government or a bank. Instead, it relies on a technology called blockchain to secure and verify transactions.

Unlike traditional currencies like the US Dollar or Euro, which are issued and regulated by central authorities, Worldcoin is created through a process called mining. Miners use powerful computers to solve complex mathematical problems, and in return, they are rewarded with new Worldcoin units. This process helps maintain the security and integrity of the network.

One unique feature of Worldcoin is its goal to provide widespread access to the currency. To achieve this, Worldcoin aims to distribute its initial coins to every person on the planet, giving them an equal share. This ambitious plan is called "universal basic income on the blockchain."

Who made World-coin?

The team behind Worldcoin believes that by distributing the currency universally, it can empower people in developing nations, reduce financial inequality, and create a more inclusive global economy.

Owned by San Francisco and Berlin-based company Tools for Humanity is behind WorldCoin. Altman is its Co-Founder and Alex Blania is its Co-Founder and CEO. (references – CEO - World Coin Crypto . Source: Google)

However, like any new technology, Worldcoin faces challenges and criticisms. Some people worry about the potential impact on the environment due to the energy-intensive mining process. Others question the feasibility and fairness of distributing coins universally.

In summary, Worldcoin is a digital currency based on blockchain technology that strives to provide universal access to its coins, aiming for a fairer and more inclusive financial future. Its success will depend on how well it addresses the challenges it faces while gaining adoption and trust in the broader financial landscape.

 

How do you buy, sell, transfer and Withdraw to your local currency?

 

Wakurugenzi,

Now the process of buying Worldcoin or any other cryptocurrency typically involves several steps. However, please keep in mind that the specific steps and platforms might change, so it's essential to consult up-to-date sources for the latest information. Here's a general outline of how you might buy Worldcoin:

  1.  Choose a Cryptocurrency Exchange: To buy Worldcoin, you'll need to use a cryptocurrency exchange that supports the trading of Worldcoin. Some popular exchanges may include Binance, Coinbase, Kraken, or Huobi, among others.

  2. Create an Account: Sign up for an account on your chosen cryptocurrency exchange. You'll likely need to provide some personal information and verify your identity, as many reputable exchanges adhere to regulatory requirements.

  3. Deposit Funds: Deposit fiat currency (like USD, EUR, etc.) or other cryptocurrencies (like Bitcoin or Ethereum) into your exchange account. Different exchanges offer various options for depositing funds.

  4. Find Worldcoin (WDC): Once your account is funded, search for "Worldcoin" or its trading symbol "WDC" on the exchange platform.

  5. Place an Order: Decide how much Worldcoin you want to buy and place a buy order on the exchange. You can either place a market order, which buys at the current market price, or a limit order, which allows you to set a specific price at which you want to buy.

  6. Securely Store Your Worldcoin: After your purchase is completed, it's essential to transfer your Worldcoin to a secure cryptocurrency wallet. Keeping your coins in a wallet you control (hardware wallet, software wallet, or paper wallet) is safer than leaving them on an exchange, which can be vulnerable to hacking.

  7.  If you wish sell your worldcoins to withdraw in KSHS. Worry not,I gatchyu, Send us a DM. Click here  @ DM Now

 

Remember, the cryptocurrency market can be volatile, and prices can change rapidly. Only invest what you can afford to lose, and conduct thorough research before purchasing any cryptocurrency.

Since the information provided here is based on my knowledge up to September 2021, I recommend checking current sources and the official Worldcoin website for the most up-to-date information on how to buy Worldcoin.

 

 

Thank you for being here and as always.

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