Worldcoin Debuts World ID Verification In Poland, WLD Price Soars 5%

Coingapestaff
September 18, 2024
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Worldcoin Debuts World ID Verification In Poland, WLD Price Soars 5%

Highlights

  • Worldcoin project announced World ID launch in Poland.
  • The launch underscores the AI-meets-crypto firm's European expansion plans.
  • WLD price witnesses gains worth nearly 5% in tandem with the announcement.

Sam Altman’s AI meets crypto project Worldcoin (WLD) continues to mark monumental strides across the globe. On Wednesday, the project, renowned for its ‘orb’ verification process, revealed that it had brought World ID verification to Poland. This mover has garnered significant attention across the globe, as the project’s native token WLD price noted gains worth 5% today.

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Worldcoin Expands World ID In Europe

According to an official Worldcoin announcement dated September 18, “World ID verification has launched in Poland.” This mover by Sam Altman’s project increases access to the vital proof of humanness technology across Europe.

“Starting today, individuals can orb-verify their World ID in the Polish capital of Warsaw,” the announcement added. The orb verification refers to a digital humanness verification process via a custom biometric imaging device, ‘Orb.’

Intriguingly, CoinGape Media previously reported the crypto-AI project to have launched the same orb verification process in Austria, Europe. Moreover, the firm revealed that it also partnered with the Malaysian government’s R&D team as a mover to foster digital proof of humanness in the country. These decisions align with the firm’s ongoing march to foster a widespread, decentralized identity verification network globally.

Notably, the announcement also revealed that a 2023 study spotlighted how Polish citizens encountered AI bots around the clock. With the help of Worldcoin’s World ID, individuals can easily differentiate between bots and humans online while also preserving one’s anonymity. This aspect could be a game-changer for the launch in Poland.

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WLD Price Soars 5%

Meanwhile, WLD price was up nearly 5% from its 24-hour low today, trading at $1.48. The coin’s intraday low and high were recorded as $1.42 and $1.52, respectively. WLD’s 24-hour trading volume jumped 30% to $99 million in tandem with the Poland announcement. This saga has garnered significant investor attention to the token.

Intriguingly, a recent report by CoinGape Media revealed that the token is expected to rally by nearly 34% in the wake of World ID launch on Solana. Altogether, Worldcoin currently rides optimistic waves across the broader crypto market.

However, Coinglass data illustrated a nearly 2.5% decrease in the futures OI to $126.04 million, raising some concerns among market participants despite the recent developments.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.