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<p class="is-style-lead">On July 26, a video was shared on Twitter by Sam Altman, CEO of OpenAI, showing a long queue in Japan of people waiting for their $50 worth of Worldcoin (WLD) tokens or 25 WLD after signing up for the “World ID.”</p> 
<p>Despite the need to provide government-issued identity documents before iris scans, the long queue suggests high demand.</p> 
<p>Sam revealed that Worldcoin was onboarding one person every eight seconds. However, interest has waned since Monday’s launch.</p> 
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   <p lang="en" dir="ltr">day 3 of <a href="https://twitter.com/worldcoin?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@worldcoin</a> launch, crazy lines around the world. one person getting verified every 8 seconds now. <a href="https://t.co/vHRu1sWMT3" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/vHRu1sWMT3</a></p>— Sam Altman (@sama) <a href="https://twitter.com/sama/status/1684297687708098565?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 26, 2023</a> 
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<p>It is also hard to conclude if these sign-ups are the step forward needed for Worldcoin adoption.</p> 
<p>Worldcoin was publicly launched on July 24. Interested users could register at designated Orb venues in 20 countries in exchange for 25 WLD.&nbsp;</p> 
<p> You might also like: <a href="https://crypto.news/crypto-twitter-marks-worldcoin-as-evil-project/" rel="noopener noreferrer nofollow"> Crypto Twitter marks Worldcoin as ‘evil’ project </a> </p> 
<p>In an introductory&nbsp;<a href="https://worldcoin.org/cofounder-letter" target="_blank" rel="noopener noreferrer nofollow">letter</a>, Worldcoin said each Orb grants users a World ID after collecting their biometric data.&nbsp;</p> 
<p>The company had already announced its intention to expand its Orb venues worldwide to attract more sign-ups.</p> 
<p>However, enthusiasm has since tapered despite initially garnering significant interest with 2 million pre-sign-ups.</p> 
<p>Interest on July 24 was particularly high in Hong Kong, with the highest number of sign-ups recorded.&nbsp;</p> 
<p>According to a&nbsp;<a href="https://www.scmp.com/tech/tech-trends/article/3228973/chatgpt-creators-iris-scanning-crypto-project-signs-hundreds-users-hong-kong-amid-controversy" target="_blank" rel="noopener noreferrer nofollow">report</a>, there were around 200 sign-ups on the first day in the city, leading to 600 registrations overall.</p> 
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   <p lang="en" dir="ltr">What do I think about biometric proof of personhood?<a href="https://t.co/yozo1buW24" target="_blank" rel="noopener noreferrer nofollow">https://t.co/yozo1buW24</a></p>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1683404462314999814?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 24, 2023</a> 
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<p>Although initially successful, there are privacy concerns surrounding Worldcoin, as pointed out by Vitalik Buterin, co-founder of Ethereum, and other Twitter users.&nbsp;</p> 
<p>Buterin believes that if the project goes against the fundamental principles of cryptocurrencies, it could have catastrophic consequences.&nbsp;</p> 
<p>Earlier, data regulators in the United Kingdom said they would investigate the project.</p> 
<p>An Information Commissioner’s Office representative said they&nbsp;<a href="https://www.reuters.com/technology/uk-data-watchdog-make-enquiries-worldcoin-crypto-project-2023-07-25/" target="_blank" rel="noopener noreferrer nofollow">were</a>&nbsp;“aware of the rollout of Worldcoin in the UK and will be conducting additional inquiries.”</p> 
<p> Read more: <a href="https://crypto.news/worldcoin-wld-could-face-regulatory-inquiries-in-uk/" rel="noopener noreferrer nofollow"> Worldcoin (WLD) could face regulatory inquiries in UK </a> </p>

Worldcoin onboarding 1 user every 8 seconds despite waning interest

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