Let's Dive into World's US Expansion!
U.S. Debut Boosts World (WLD) Token Prices by 12%
Here's the lowdown on World, the human identity project with a twist of crypto and identity verification, now shaking up six major American cities.
What's the Big Deal?
World, previously Worldcoin, has set up shop in tech and cultural hubs such as San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville. This shift from international focus to domestic presence follows a more welcoming attitude towards crypto-related businesses by the Trump administration.
World ID and WLD Tokens
Using the World app, users can verify their identity through a World ID, receiving WLD tokens in return. The project, conceived by Tools for Humanity and co-founded by OpenAI CEO, Sam Altman, aims to combine digital identity verification with payment capabilities, making everyday purchases a breeze with the upcoming Visa card.
Upcoming Visa Card
The Visa card, launching later this year, will allow users to spend their WLD tokens and other cryptocurrencies at any merchant accepting Visa payments. Transactions will be automatically converted to fiat currency at the point of sale, eliminating barriers for traditional retailers.
Strategic Partnerships
World is forging exciting partnerships to amplify its reach. Match Group, the gaming company behind popular dating platforms like Tinder, Hinge, and Match.com, will begin a pilot program with Tinder in Japan. The collaboration aims to address the issue of fake profiles by verifying users on these platforms.
The World app has also integrated with the Kalshi prediction marketplace through a new Mini App, enabling users to participate in forecasting events, all while verifying their identities.
Biometric Verification and Orbs
World continues work on its specialized biometric devices, called Orbs. These devices confirm a user's humanity through iris scans, demonstrating commitment to privacy by not storing users' biometric data. The company is planning to develop a smaller "mini-Orb" device for faster onboarding as it strives to reach its 1 billion user goal.
USDC and CCTP Integration
Recent plans to integrate Circle's USDC stablecoin and Cross Chain Transfer Protocol (CCTP) V2 on the World Chain network aim to improve global transfers across the platform. This move anticipates a seamless and cost-effective user experience when cross-chain transferring USDC.
On the Move
With a growing user base surpassing 26 million World App users, approximately 12 million of whom are confirmed as "unique humans," World is carving out a niche in digital identity, payments, and Web3 user verification. The WLD token, driving the World ecosystem, shows promise, with a weekly increase of 12% and strong bullish sentiments among investors.
Buckle up! The combination of US expansion, new payment features, and strategic partnerships promises an intriguing future for World.
- World, the human identity project and crypto initiative founded by Sam Altman, is currently expanding its operations in six major American cities, including San Francisco, Los Angeles, Atlanta, Austin, Miami, and Nashville, reflecting a more welcoming attitude towards crypto-related businesses by the Trump administration.
- Users can verify their identity through the World app, earning WLD tokens in return, and the project aims to combine digital identity verification with payment capabilities, enabling smooth everyday purchases with the upcoming Visa card.
- The Visa card, scheduled for launch later this year, will allow users to spend their WLD tokens and other cryptocurrencies at any merchant accepting Visa payments, with transactions automatically converted to fiat currency at the point of sale.
- World is establishing strategic partnerships to amplify its reach, such as with Match Group, the gaming company behind popular dating platforms, to verify users on platforms like Tinder, and with the Kalshi prediction marketplace for identity verification within the Mini App.
