Worldcoin Launches WLD Tokens Pre-Booking Feature

Worldcoin has announced the launch of a new feature that allows unverified users to reserve Worldcoin (WLD) tokens. This move comes after facing scrutiny from regulators and reluctance from the crypto industry due to privacy and safety concerns.

Key Points:

World App now offers a reservation feature for WLD tokens.
Users can reserve tokens without verifying their World ID.
To reserve WLD tokens, users need to download the World App and redeem them at an Orb after verification.
The current trading price of Worldcoin (WLD) is $1.70, with a 6% decrease in the last 24 hours and a 25% decrease in a week.
Privacy and safety concerns have led to multiple government investigations and lack of support from the crypto industry.

Worldcoin Attracts Scrutiny

Worldcoin is currently under investigation by government agencies worldwide due to concerns regarding privacy and safety. The project is facing setbacks in Africa, starting with Kenya. Even the crypto industry, including Ethereum creator Vitalik Buterin, has raised concerns over privacy, security, and design issues with Worldcoin’s Orb and business decisions.

Key Points:

Government agencies in Europe and Argentina have opened investigations into Worldcoin.
Ethereum creator Vitalik Buterin has highlighted privacy and security concerns with the project.
Argentina’s Public Information Access Agency is investigating Worldcoin over data privacy and storage issues.

Hot Take

Despite the launch of the new pre-booking feature, Worldcoin continues to face challenges and scrutiny from regulators and the crypto industry. Privacy and safety concerns have cast doubt on the project’s credibility. It remains to be seen how Worldcoin will address these issues and gain the trust of both regulators and the crypto community.