Worldcoin Launches with Strong Sign-Ups in Hong Kong
Following the launch of the highly anticipated Worldcoin project on Monday, Hong Kong witnessed hundreds of sign-ups, but the WLD token slightly pulled back.
Key Points:
– Worldcoin, co-founded by ChatGPT creator Sam Altman, officially started its services on July 24.
– The main product of Worldcoin is World ID, a “digital passport” that verifies users’ identities online.
– Worldcoin made its Orbs available in 35 cities across 20 countries, with the largest number of people visiting Orbs in Hong Kong.
– Around 600 people visited Orbs in Hong Kong on Monday, with another 500 showing up on Tuesday.
– Worldcoin received backlash over privacy and security concerns, with Ethereum co-founder Vitalik Buterin highlighting four main risks.
Worldcoin’s Token Value
The WLD token started at $3.3 and dropped to $2.1 on the next day. Currently, it is trading at $2.33 and needs a catalyst to surpass the $3 mark again.
Hot Take:
Worldcoin’s launch in Hong Kong has generated significant interest and sign-ups. However, concerns over privacy and security, as well as the token’s value, pose challenges for the project’s success. As Worldcoin continues to develop, addressing these concerns and demonstrating value growth will be crucial for its long-term adoption and sustainability.
By
By
