US commences rollout of Sam Altman's eye-scanning digital currency, Worldcoin (WLD)
Rewritten Article:
In a bold move, the cryptocurrency project, Worldcoin, led by OpenAI's CEO Sam Altman, has ventured into six major U.S. cities to roll out its biometric identity verification system and native WLD token. Worldcoin's expansion comes amidst a series of regulatory challenges worldwide.
As of now, residents of Atlanta, Nashville, Miami, Los Angeles, Austin, and San Francisco can use Worldcoin's Orb devices for identity verification and receive WLD tokens and a World ID. This identification can be used for authentication on platforms such as Minecraft, Reddit, and Telegram.
Despite Worldcoin's ambitious growth, it has faced significant backlash in several countries, including Spain and Portugal, where operations have been suspended due to concerns about biometric data collection and security. For instance, regulators in Spain ordered the project to cease operations last year over allegations of invasive data-gathering practices.
However, Worldcoin has cemented partnerships, such as a debit card backed by Visa for WLD spending and a trial with Match Group for identity verification on dating apps. Before the U.S. launch, Coinbase also announced the addition of WLD to its roadmap.
Post-launch, WLD's prices experienced a brief surge but later dropped, currently trading at approximately $1.08, up 20% in the past week.
Stay up-to-date with Worldcoin's latest developments by following us on X, Facebook, and Telegram. Don't miss out on exciting updates!
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- The launch of Worldcoin, a cryptocurrency project led by Sam Altman, adds another layer to the expanding universe of altcoins, as it makes its debut in six major U.S. cities, while facing regulatory hurdles globally.
- In the midst of Worldcoin's growth and expansion, a partnership with Visa for WLD debit card spending and a trial with Match Group for identity verification on dating apps serve as highlights for the industry.
- Amidst the evolution of finance, The Daily Hodl delves into contemporary insights on Bitcoin, Ethereum, trading, and web 3, advocating thorough research before making high-risk investments in these digital assets.
- Furthermore, the recent partnership of FLOKI and Rice Robotics positions them to offer token rewards for users, as they introduce an AI Companion Robot.
- Crypto enthusiasts looking for comprehensive information on topics like Bitcoin, Ethereum, trading, and various aspects of blockchain technology can engage with The Daily Hodl's articles, offering a broader understanding of the future of finance.
