The Worldcoin project, one of the most famous cryptocurrency projects in the field of digital assets, resonated a sense of enthusiasm throughout the world’s Web3 environment on Wednesday following important developments by the cryptocurrency community. In a notable development demonstrating the growing global interest in identity verification, Singapore residents can now become authenticated using the Orb, a hardware device facilitated by the WorldCoin project. Ta.
With this announcement surfacing in the broader crypto market today, the project embarks on further crypto ventures. Additionally, this move follows the successful launch of World ID 2.0 and the public availability of the Worldcoin iris recognition pipeline in December.
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Remarkably, the Worldcoin project seems to have fueled optimism among crypto market enthusiasts around the world, especially in Singapore, as this announcement surfaced on the Web3 horizon today, December 27th. is. Additionally, Tools For Humanity (TFH), a key contributor to this project, has also recently acquired membership in his two prominent associations in Singapore, ACCESS and Singapore Fintech Association (SFA), and therefore within the Web3 field. has received notable attention.
Interestingly, the above record appears to be consistent with a recent multi-city tour in Asia conducted by members of TFH’s product development team. Additionally, orbs are specialized hardware hand-picked by the project’s team to enhance identity verification.
World coin price plummets
At the time of writing, World Coin’s price has fallen 6% in the past 24 hours and is currently trading at $3.59. Moreover, the weekly chart of the token also showed a decline of 3.28%.
However, with the aforementioned announcement coming to light, crypto market enthusiasts seem to be paying close attention to the token in hopes of an upside potential in the near future.
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