Chile Experiences Explosive Growth with Worldcoin; Over 1% of Population Joins

Worldcoin Makes Progress in Chile with Over 1% of the Population Registered

Worldcoin, a project that uses biometric iris scanning as proof of personhood, has achieved a significant milestone in Chile. The organization has announced that it has signed up 200,000 Chileans since its launch. Considering that Chile has a population of approximately 19.5 million, this means that more than 1% of the population has registered to receive Worldcoin’s grant in the form of WLD, the native token of the protocol.

Growing Popularity in South America

The popularity of the Worldcoin project is also evident in other Latin American countries that have embraced it due to its grants. In August, the organization reported registering over 9,500 Argentines in a single day, achieving one verification every nine seconds despite having only four verification stations in the country.

In addition, data from a Kenyan parliamentary committee investigating the project revealed that 350,000 Kenyans had registered by July, accounting for 25% of the platform’s users at that time.

Suspension and Legal Issues

However, Worldcoin faced challenges when the Kenyan government suspended its activities in August and attempted to arrest Alex Blania and Thomas Scott, CEO and co-founder of Tools For Humanity and its legal spokesperson respectively. The Kenyan government later clarified that U.S. officials intervened to secure their release as no crime had been committed in Kenya.

Hot Take: Worldcoin Expanding Its Reach with Successful Registration Numbers

Worldcoin continues to make strides in expanding its user base with impressive registration numbers in Chile and other Latin American countries. The project’s unique approach using biometric iris scanning as proof of personhood seems to resonate with individuals seeking grants and financial opportunities. Despite facing challenges and legal issues in Kenya, Worldcoin’s popularity remains evident. As the project gains traction, it will be interesting to see how it develops and impacts the global crypto landscape.