As of now, Worldcoin (WLD) is on the rise, with the value of its crypto token rising to $3, a 15% increase in just one day. The development comes as the Worldcoin team has recently achieved significant results in achieving the project's goals.
Worldcoin's World ID Expansion Gains Support
In a recent announcement, the Worldcoin team revealed that the project's global identity network, World ID, will be expanding to Ecuador. To be able to join Worldcoin's identity network, locals in the country will be able to use Orb for verification. The organization claims that six sites in two cities in Ecuador will be available for verification.
The port city of Guayaquil will be the first to start verification on June 26, and the capital Quito will set up the remaining sites on June 27. According to Worldcoin, both locations offer Orb verification to people aged 18 and above who want to join the more than 5 million users who already use the Worldcoin network.
Given the importance of Worldcoin tokens to the team’s goal of building universal identity, this news is bound to be good news for the price of crypto tokens. In addition, Worldcoin’s entry into Ecuador has alleviated regulatory scrutiny and negative news to a certain extent.
Prior to its debut in Ecuador, Worldcoin said it would invest directly in Argentina and launch more Orb verification sites, both of which will drive further development of the project in the country. As part of the investment, Worldcoin contributors such as Tools for Humanity (TFH) will provide educational opportunities for 50 software engineers, data analysts, operations experts and developers in the country.
In addition, according to Worldcoin, Argentina will set up 50 World ID orb verification sites in more than 10 cities, including 2 experience stores.
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