coinspress.com
A groundbreaking blockchain initiative, co-founded by Sam Altman from OpenAI, is experiencing significant growth as major exchanges start supporting it.
Worldcoin (WLD), an innovative crypto project that leverages iris scans and physical hardware known as “Orbs” to establish distinct digital identities, has witnessed a remarkable 34% surge in less than a day.
This upsurge in Worldcoin’s value coincides with its recent listing on some of the leading exchanges with high trading volume, including Binance, Bybit, OKX, and Huobi.
Sam Altman and Alex Blania co-established Worldcoin three years ago. The project revolves around “privacy-preserving” World ID and a digital token called WLD, which is bestowed upon users merely for their humanity.
The project plans to deploy 1,500 Orbs to 35 cities worldwide during the summer and fall to address the global demand for identity verification.
Interested users can reserve their share by downloading the World App, which is the first protocol-compatible wallet. After undergoing a biometric verification process at an Orb location, they receive a World ID, which serves as proof of their genuine and unique existence online, all while maintaining complete privacy.
READ MORE: US Congressman’s Bold Move: Calling for CBDC Ban
The distribution of Orbs is increasing worldwide, and users can easily find the nearest location for verification through the World App or worldcoin.org.
Worldcoin made a correction to $2.03 but is still up 22% over the last 24 hours. However, this value represents a 40% decrease from its all-time high of $3.30.