Worldcoin (WLD) Surges As Binance, Bybit, OKX and Others Add Support for New Digital Identity Project – The Daily Hodl

A new digital identity blockchain project co-founded by Sam Altman of OpenAI is surging as major exchanges add support.

Worldcoin (WLD), a new crypto project using iris scans with physical hardware called “Orbs” to create unique digital identities, is up 34% in the last 24 hours.

Worldcoin’s surge follows the coin’s listing on several of the top exchanges by trading volume: Binance, Bybit, OKX and Huobi.

Worldcoin was founded three years ago by Sam Altman and Alex Blania. According to the project’s website, Worldcoin consists of “privacy-preserving” World ID and a digital WLD token that is received by users “simply for being human.”

The project plans on deploying 1,500 of its Orbs to 35 cities worldwide this summer and fall in order to meet the “global demand for ID.”

“You can now download World App, the first protocol-compatible wallet, and reserve your share. After visiting an Orb, a biometric verification device, you will receive a World ID. This lets you prove you are a real and unique person online while remaining completely private. As the global distribution of Orbs is ramping up, you can find the closest one and book time to be verified with World App and at worldcoin.org.”

Worldcoin is trading for $2.24 at time of writing, up 34% in the last 24 hours but down 33% from its all-time high of $3.30 reached just seven hours ago.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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• Source: https://dailyhodl.com/2023/07/24/worldcoin-wld-surges-as-binance-bybit-okx-and-others-add-support-for-new-digital-identity-project/