Worldcoin Sign-Ups in Argentina Booming
In less than 24 hours, nearly 10,000 Argentinians registered for World ID, powered by the Worldcoin ecosystem. This surge in sign-ups sets a new record for Orb verifications, the technology behind World ID.
Key Points:
- Argentina’s crypto-savvy population has embraced Worldcoin’s World ID.
- World ID is an identity protocol that uses Orb verifications to prove individual uniqueness without personal data.
- This initiative aligns with Worldcoin’s goal of providing a global, digitally-verifiable identity to the 4 billion people without one.
- Argentina’s openness to crypto innovations is evident in the recent spike of 9,500 registrations in a single day.
- Worldcoin’s presence in Argentina predates the recent surge, with operational Orbs in several cities.
A Rocky Start in Kenya
In Kenya, a similar registration frenzy led the government to halt Worldcoin activities due to data privacy concerns and controversial offers of ‘free money’ in exchange for eye scans.
Key Points:
- Kenya’s government launched an investigation into Worldcoin activities.
- Kenyan citizens were attracted by the prospect of gaining free crypto assets.
- The Worldcoin token (WLD) has depreciated since launch, raising doubts about the sustainability of rapid growth in less affluent nations.
Hot Take:
The recent surge in World ID sign-ups in Argentina reflects the country’s forward-thinking crypto mindset. However, it also raises questions about the genuine demand for a secure, universal digital identity and whether it is driven by a legitimate need or short-term curiosity.