Fri, November 29

WLD Token Surges as World ID Passport Credential Pilot Launches

WLD Altcoin News
  • World ID Passport Credential pilot launched in select countries, with expansion expected to India.
  • Users can earn extra WLD tokens with secure data storage and no Orb verification needed.
  • WLD token price surged 13%, with trading volume up 145%.

Sam Altman backed World Network, formerly Worldcoin, has launched a pilot for its World ID Passport Credential. The program is being tested in countries like Chile, Colombia, Malaysia, and South Korea. Which is aiming to transform online identity verification and offer users a chance to earn extra WLD tokens.

With people expecting its expansion to other nations, including India. The credential securely stores user data on devices and offers additional WLD tokens to eligible participants, with token availability decreasing over time as more regions are added.

Pilot Launch and Future Expansion

dThe World ID Passport Credential pilot program is available to iOS users in Chile, Colombia, Malaysia, and South Korea with NFC-enabled passports. The World Network has indicated that support for Android devices will be rolled out soon. By expanding the program’s reach the credential system will be available to users in additional countries shortly.

The World ID Passport Credential offers more than privacy and security; it also unlocks new rewards for users. While anyone who has verified their World ID via an eligible Orb device is already eligible for a base amount of WLD tokens. Those who add the Verified Passport Credential can claim additional tokens. Which is even if their World ID has not been verified through the Orb system.

WLD Token Surge

The World ID Passport Credential announcement and its token rewards have significantly impacted the cryptocurrency market. WLD, the native cryptocurrency of World Network, saw a surge of over 13%. WLD also surged by 145%.

WLD’s trading volume and price is initiative and its ability to attract new users. As more people join the platform and participate in the World ID Passport Credential program, the value of WLD could continue to rise, offering potential benefits for users and investors.

World Network launched the World ID Passport Credential, enabling secure identity verification and WLD token rewards, positioning itself as a growing force in digital identity and crypto markets.

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Sneha is a crypto enthusiast who loves turning complex crypto news into simple and clear information. She enjoys sharing the latest updates in the crypto world through engaging content that informs and keeps readers interested.