World

Million

World ID

Elon Musk

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 Worldcoin’s World ID project, which aims to provide a global digital identification protocol, has experienced significant success with over two million users signing up for the program. 
 Surpassing the first million mark in less than half the time, World ID is gaining traction in its beta testing phase. 
 The primary goal of World ID is to offer a digital passport stored on users’ mobile devices, enabling them to validate their identity while safeguarding their privacy through zero-knowledge proofs. 
 To enroll in the World ID program and obtain a digital passport, individuals are required to visit an “orb” where they scan one of their irises. 
 This process generates a unique identifier called “IrisHash,” which verifies their distinctiveness. 
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 Users who successfully upload their sensitive biometric data are rewarded with Worldcoin, the project’s native cryptocurrency. 
 Worldcoin attributes the surge in sign-ups to its recent multicity tour across Barcelona, Berlin, and Tokyo. During the tour, an average of 40,000 new verified World ID members were added each week. 
 The project anticipates that the availability of the five-pound, chrome eye-scanning devices, known as “Orbs,” will expand globally in the coming months due to increased demand. 
 Moreover, Worldcoin highlights the growing adoption of the World ID protocol by various apps and services. Notably, Okta’s Auth0 and Talent Protocol have integrated World ID and Worldcoin into their respective onboarding procedures. 
 On May 8, Worldcoin introduced the World App, a gas-free crypto wallet designed for verified individuals, compatible with Android and iOS operating systems. 
 Shortly thereafter, on May 25, the project secured $115 million in a Series C funding round to support the widespread implementation of its World ID program. 
 Worldcoin’s World ID project has successfully garnered substantial interest, as demonstrated by the significant number of users signing up for the program. 
 With the integration of the World ID protocol into various platforms and the development of the World App, Worldcoin is poised to continue expanding its influence and establishing itself as a prominent player in the digital identification and cryptocurrency space. 
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Worldcoin’s World ID Project Surpasses 2 Million Users

Crypto Intelligence

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