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Sam Altman’s Worldcoin Project Launches in Six U.S. Cities with Visa Card

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Worldcoin, the cryptocurrency project backed by Sam Altman, has officially launched in six key U.S. cities: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. The project, which aims to create a globally inclusive identity and financial network, allows users in these designated areas to claim Worldcoin (WLD) tokens by verifying their identity through iris scans at designated “Orb” locations.

World Launches in Six States

According to the project’s announcement on April 30th, users can participate by downloading the World App and visiting strategically located Orbs, powered by NVIDIA, which are also available in select Razer stores. These Orbs are designed to scan irises, creating a unique World ID for each user.

Following past concerns about how the project handles data, Worldcoin is now available in the U.S. Some countries, such as Brazil and Hong Kong, were worried about how the project collects and stores face scan data. Because of this, Worldcoin now lets users permanently delete their face scan code, which removes their World ID verification.

For the U.S. launch, Worldcoin is focusing on giving users control over their data. Its “Personal Custody” feature is supposed to keep user data only on their devices. This would stop user data from being sent to Worldcoin’s servers or other companies.

Worldcoin also plans to release a debit card with Visa. The card will work with the World App, so users can spend their WLD tokens anywhere that accepts Visa. The system will automatically convert WLD into regular currency for stores, making it easy for users to pay with their crypto rewards. Verified users can connect this debit card to their World ID when it’s available.

Worldcoin (WLD) Price Action

The U.S. launch is a big step for Worldcoin. The Visa debit card could make WLD tokens more useful and easier to use. However, the project still needs to address privacy concerns and clarify its practices as it grows.

According to CoinGecko data, the WLD price is hovering around $1.08, which is a 2.33% drop from yesterday’s high of $1.17. Worldcoin’s market cap is $1.4 billion.

Worldcoin’s 24-hour trading volume is $472,736,941. This is a 107.10% increase from yesterday, indicating increased market activity recently. Notably, the cryptocurrency price went up 26.30% in the last week. It’s doing better than the overall cryptocurrency market, which is up 3.00%.

The post Sam Altman’s Worldcoin Project Launches in Six U.S. Cities with Visa Card appeared first on Cointab.

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