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

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.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

xAI Challenges Minnesota's AI Nudification Law in Federal Court

xAI, founded by Elon Musk, sues Minnesota AG to block HF 1606, a law regulating AI nudification software, claiming it violates free speech.

Andrew Smith10 hours ago

Concerns of an AI Bubble Similar to 2008 Housing Crisis

Concerns about a potential AI bubble are being discussed, drawing comparisons to the 2008 housing crisis and the dot-com bubble.

Zainab Kamara15 hours ago

Rising Treasury Yields Impact Stock and Crypto Markets

The recent surge in US 30-year treasury yields is impacting stock and cryptocurrency markets, leading to increased borrowing costs and a preference for safer investments.

Jacob Williams15 hours ago

AI Companies Destroying Books for Training Data Raises Concerns

AI companies are acquiring and destroying physical books to create training datasets, raising concerns about copyright and the preservation of literary works.

Son Min-hoa day ago

Cryptocurrency Scams Account for Over Half of Cybercrime Losses

A report by the Consumer Federation of America reveals that cryptocurrency scams have led to significant financial losses, with estimates reaching 807 billion.