Worldcoin (WLD), a decentralized identity and financial network founded by OpenAI’s Sam Altman, is up 11.22% in the last 24 hours to trade at $2.82. This price increase can be attributed to the debut of the new World ID Credentials and the ongoing token unlock event.
Worldcoin unveiled World ID Credentials at its New World event in San Francisco and is currently piloting the program in select countries including Chile, Colombia, Malaysia, and South Korea.
World ID Credentials allow individuals to link valid forms of identification (starting with NFC-enabled passports) to their World ID without providing any information to Tools for Humanity (TFH), the World Foundation, or any other third party.
This new, highly secure and anonymous World ID feature increases global access to the World Network and makes World ID more useful. It also allows people to request additional WLD tokens.
