World, previously known as Worldcoin and co-founded by OpenAI CEO Sam Altman, has officially launched its eye-scanning crypto project in six major US cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. Users can verify their identity through a device called The Orb, which scans their face and eyes, allowing them to receive the crypto token Worldcoin (WLD). This verified identity can be used to create a World ID to access various platforms including Minecraft, Reddit, and Discord. Additionally, World has partnered with Visa to introduce a World Visa card later this year, enabling payments in WLD tokens and other cryptocurrencies. The project also includes a collaboration with Match Group to use World ID to enhance authenticity in online dating profiles. Since its inception in 2019, the project has garnered 26 million users globally, with 12 million verified via Orb scans. Following the announcement, WLD prices saw an initial jump of about 15%, although they have since dropped, reflecting current market volatility.

Source 🔗