A new digital identity blockchain project co-founded by OpenAI’s Sam Altman is emerging as major exchanges add support.
Worldcoin (WLD), a new crypto project that uses iris scans with physical hardware called “Orbs” to create unique digital identities, is up 34% in the last 24 hours.
Worldcoin’s rise follows the coin’s price 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 a “privacy-preserving” world ID and a digital WLD token that users receive “simply for being human.”
The project plans in deploying 1,500 of its orbs in 35 cities around the world this summer and fall to meet the “global demand for ID.”
“You can now download World App, the first wallet compatible with the protocol, and reserve your share. After visiting an orb, a biometric verification device, you will receive a world ID. This allows you to show that you are a real and unique person online while remaining completely private. As the global distribution of orbs increases, you can find the closest one and set aside time to verify it with the World App and at worldcoin.org.”
Worldcoin is trading at $2.24 at the 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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