The Worldcoin project, one of the most renowned cryptocurrency projects within the digital assets realm, echoed a sense of frenzy across the global web3 landscape on Wednesday following significant developments made by the crypto’s community. In a noteworthy advancement portraying the worldwide surge of interest orbiting proof of personhood, Singapore residents can now undergo verifications using the Orb, a hardware device facilitated by the Worldcoin project.
With the announcement surfacing within the broader crypto market today, the project embarks further with its cryptographic venture. Furthermore, this move follows the successful launch of World ID 2.0 and the public release of the Worldcoin iris recognition pipeline in December.
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Notably, with the announcement surfacing on the Web3 horizon today, December 27, the Worldcoin project appears to have fueled optimism among crypto market enthusiasts globally, specifically in Singapore. Moreover, Tools For Humanity (TFH), a key contributor to the project, also gained noteworthy traction within the Web3 space as it recently gained membership in two esteemed Singapore associations, ACCESS and the Singapore Fintech Association (SFA).
Intriguingly, the above-mentioned chronicle appears to come in alignment with a recent multi-city tour undertaken by members of TFH’s product development team in Asia. Furthermore, the Orb is a specialized hardware curated by the project’s team to enhance identity verification.
As of writing, the Worldcoin price showcased a drop of 6% over the past 24 hours and is currently trading at $3.59. Moreover, the token’s weekly chart also portrayed a fall of 3.28%.
However, with the aforestated announcement coming into light, crypto market enthusiasts appear to be eyeing the token thoroughly with hopes of a potential upswing shortly ahead.
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