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Home»Market»These New Integrations Helped Worldcoin (WLD) Price Rise 10%
Market

These New Integrations Helped Worldcoin (WLD) Price Rise 10%

December 13, 2023No Comments2 Mins Read
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Worldcoin has announced its integration with major platforms, including Shopify, Mercado Libre, Minecraft, Reddit, and Telegram.

The company’s reach is expanding, with recent onboarding operations commencing in Mexico and Singapore. Its ambition to make Orbs available worldwide is part of a broader strategy to achieve mainstream adoption despite facing challenges like the recent ban in Kenya over data privacy concerns.

Worldcoin Adds More Integrations

Worldcoin’s World ID 2.0 is a protocol that aims to enhance online verification processes. Tiago Sada, head of product for Tools for Humanity, highlighted its effectiveness in distinguishing between bots and verified humans for platforms like Shopify, Mercado Libre, Minecraft, Reddit, and Telegram.

“It’s a much easier way for developers to build integrations. We’ve rebuilt the way it works… So they know you’re not spamming. This is not just about the first wave of applications, but a new developer platform where developers can build. We’re excited to see what people come up with […] the best ideas come from developers,” Sada said.

The company has introduced three distinct authentication levels – casual, standard, and high. These range from a simple profile creation in the Worldcoin app to more robust security measures involving iris and facial recognition scans. According to Sada, users can maintain anonymity while proving their uniqueness.

Read more: What Is Worldcoin? A Guide to the Iris-Scanning Crypto Project

WLD Price Performance. Source: TradingView

Nearly 5 million people now possess a World ID, with approximately 2.6 million undergoing iris scanning. This growth trajectory and the new wave of integrations have helped been reflected in the price of Worldcoin’s token, WLD.

See also  If one trader can force the outcome of a prediction market, it shouldn’t be tradable

Indeed, the price of WLD saw a significant 10% surge in the past few hours, going from $2.33 to $2.58. The token is up nearly 150% since mid-September, approaching a crucial resistance area around $3.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

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