In June, Worldcoin announced that World ID verification would begin in Ecuador at the end of the month, available at six locations in Quito and Guayaquil starting June 26.
Over the past month and a half, the project has proven popular among Ecuadorians, with hundreds of citizens lining up at World Coin locations daily to undergo #iris scans. However, according to local reports, many users were authenticating out of necessity.
the X reports were controversial: many people who were scanned did not have enough information to accept authentication. One X user claimed to have seen "more than 50 modestly dressed people in line" in Guayaquil. When asked about the reason for the line, he received responses such as "they must be millionaires" and "sometimes people go crazy.
According to Primicias, once authenticated, users receive $30 in WLD.
In exchange for an iris scan at the Orb machine, I received 13 World Coin tokens worth $29.59, which I deposited into a #digital wallet I created for this purpose, the 19-year-old user told local media. In addition, he could receive up to $100 through a referral program.
the newly created Ecuadorian Data Protection Service (DPS) denied that Tools For Humanity, the company behind the crypto project, had notified Ecuadorian authorities of its launch.
the DPS chief inspector, Fabricio Peralta, also said that the agency could not perform its oversight functions due to a lack of staff and resources.
Last week, the Superintendency of Enterprise Oversight (SOC) issued a press release expressing concern about "news circulating in the media and social networks about illegal activities carried out through an app called #Worldcoin .
SOC warned the Ecuadorian public that the project is not controlled or regulated by the SOC. It also urged people not to provide biometric data to companies offering incentives in exchange for that data.
In consequence, "all transactions, monetary and financial operations conducted in the country and their accounting records must be denominated in U.
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