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Worldcoin (WLD) has increased by 10% in the last few hours

Worldcoin (WLD) has increased by 10% in the last few hours

user avatar

by Max Nevskyi

3 years ago

Worldcoin World ID 2.0 is a protocol aimed at improving online identification processes. Tiago Sada, the Head of Product at Tools for Humanity, emphasized its ability to distinguish between bots and users on popular platforms such as Shopify, Mercado Libre, Minecraft, Reddit, and Telegram.

Developers find it much easier to create integrations now. We've revamped the way... and now they can easily identify spammers. It's not just about the first wave of applications, but a new platform for developers where they can build their projects. We can't wait to see what people will come up with […] the best ideas come from developers.commented Sada.

The company introduced three different levels of identification: everyday, standard, and high. They cover a wide range of methods, from simple profile creation in the app to more secure measures such as iris scanning and facial recognition. According to Sada, users can maintain anonymity while confirming their uniqueness.

Currently, almost 5 million people already have World ID, with around 2.6 million successfully undergoing iris scanning. This growth and new integrations have had an impact on the price of the Worldcoin token, WLD.

In the last few hours, the price of WLD has increased by 10%, rising from $2.33 to $2.58. Since the beginning of September, this token has increased in value by almost 150% and is approaching a significant resistance level around $3.

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