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Recently, Worldcoin (WLD) has launched World ID 2.0, with the aim of improving and revolutionizing the online experience of cryptocurrencies.
Specifically, the “human” digital passport, aimed at safeguarding privacy and distinguishing between bots and human users online, has been officially introduced.
This innovative tool has been launched with integrations for popular apps and services, including Shopify, Minecraft, Redditand others. Let’s see all the details below.
Summary
An innovative online protection based on crypto: the news of Worldcoin (WLD)
As anticipated, the “humanness” digital passport, designed to ensure privacy and distinguish bots from human users online, has been officially launched.
Parallelly, the Worldcoin (WLD) App Store and the developer platform have undergone a significant renovation.
Currently, almost 5 million individuals worldwide own a World ID, and over 2.6 million have verified their humanity through an Orb.
In an effort to increase transparency, the Worldcoin Foundation has announced the open-sourcing of the iris recognition system (IRIS), establishing a new standard for end-to-end open source systems.
The IRIS pipeline is now accessible on the GitHub repository, allowing the wider community to run, build, and experiment with the new state-of-the-art open-source iris recognition.
The Worldcoin Foundation plans to share the training dataset used for segmentation with the research community, promoting ongoing collaboration and innovation.
The applications for the Worldcoin Foundation’s grant program have been opened at the beginning of the month and will remain accessible until December 22, 2023.
The main objective of the program is to support the development of the technological ecosystem of Worldcoin, focusing on key areas such as World ID applications, World ID protocol, user agent, hardware, and operations.
For further details, please refer to the tweet by Remco Bloemen, protocol manager at the Worldcoin Foundation.
Grants are open to creators, developers, technologists, and other actors who contribute to the prosperity and growth of the Worldcoin community.
The growing interest in World ID and verification numbers in key countries
Meanwhile, interest in World ID continues to grow, with Iberia surpassing 500,000 verifications and the benefits of the personality test highlighted through quantitative data.
Every day, artificial intelligence generates over 30 million images, and it is predicted that by 2026, 90% of all online content will be synthetically generated.
The World ID of Worldcoin is gaining popularity as a means to distinguish between humans and artificial intelligence, and the demand for this technology is constantly growing.
Not by chance, verification numbers are significant in key countries. In Argentina, for example, more than 360,000 people have verified their World ID.
In Chile, over 250,000 people have verified their World ID, and the Orb locations have expanded to Santiago, Concepción, Curico, and Viña del Mar.
Still, in Spain, over 300,000 individuals have verified their World ID. In Portugal, over 200,000 people, equivalent to 2% of the population, have completed the verification of their World ID.
Focus on the price of Worldcoin (WLD)
Currently, the value of Worldcoin stands at about $3.94, recording a significant trading volume of 24 billion dollars in the last 3.07 hours.
The market capitalization amounts to $406.80 million, giving Worldcoin a dominant position of 0.03% in the market. In the last day, the price of WLD has shown a significant increase, rising by almost 60%.
The current market sentiment for Worldcoin price forecasts is positive, with the Fear & Greed index at 73, indicating a “Greed” situation.
Regarding the circulating supply, there are currently 103.30 million WLD tokens out of a maximum supply of 10.00 billion WLD. Worldcoin ranks 40th in the ERC-20 token sector in terms of market capitalization.
The recent performance of WLD highlights a bullish trend, with sixteen positive days in the last thirty, representing a significant increase of 53%. The cryptocurrency is currently near its cycle high, suggesting a positive momentum and confidence from investors.
In addition, WLD shows high liquidity, as demonstrated by its considerable market capitalization. The fact that less than 1% of the total supply is currently in circulation could exert further upward pressure on prices.
With a limited circulating supply, a positive market sentiment, and trades close to the peak of the cycle, the conditions are shaping up for a potential further bullish movement in the price of WLD.