Sam Altman, the founder of the Worldcoin project, has introduced the World ID application in six major cities in the United States, marking the beginning of a new era in digital identity verification. The project aims to popularize a system that recognizes human identity through iris scanning, generating a positive sentiment among stakeholders. Additionally, announcements about the WLD token‘s impending listing on Coinbase have boosted market expectations. Supported by a weekly upward trend and technological innovations, these developments have put Worldcoin back on the cryptocurrency world’s radar.
World ID Verification Launch in the US
The Worldcoin team has announced the activation of its World ID system, which provides digital identity verification in the United States. The application started in cities like Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, where users’ identities are verified through iris scans. This process is facilitated by specially designed spherical devices supported by NVIDIA. The primary objective of this technology is to distinguish real people from AI-based bots and provide a secure digital identity infrastructure.
The company emphasized that the identity verification process is meticulously developed in terms of both security and accuracy. The application was introduced publicly in city centers, and it was stated that the system would continue to be developed in line with citizen experiences and feedback. The development team plans to expand World ID to more regions in the near future.
WLD Token Listing and Market Reactions
Worldcoin’s native token, WLD, is set to be listed by the prominent cryptocurrency exchange Coinbase. According to the exchange’s statement, WLD will operate on the Optimism network, and trading pairs will be offered gradually. USD-based trading will be opened as soon as liquidity criteria are met. This listing news has led to positive price expectations among market participants.
A weekly 19% increase in WLD’s price was observed, but hourly data showed a temporary 4.5% pullback. Despite short-term fluctuations, long-term expectations remain optimistic. The addition of the Morpho Mini feature to the World App, allowing users to lend, borrow, and earn rewards, expands the project’s utility scope. This step is seen as a crucial part of Worldcoin’s strategy to reach a broader audience globally.
The integration of Worldcoin’s innovative identity solution with financial tools highlights the project both technologically and economically. Such developments seem set to further increase stakeholder interest in WLD.
