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- Sam Altcoin’s Worldcoin has made a decisive expansion into Poland.
- The WLD price is in a bullish rebound mode amid related positive ecosystem updates.
Sam Altman’s Worldcoin project continues to expand in Europe, with a recent launch of the World ID verification service in Poland. WLD, the project’s native digital asset, experienced a sharp price increase of 5% following the news.
Worldcoin Opens in Poland
The project announced in a blog post, “World ID verification has launched in Poland.” With the latest launch, Worldcoin, renowned for its ‘orb’ verification process, aims to increase access to important proof of humanness technology in Europe.
For context, a World ID can be created in any World ID-compatible wallet, such as the World App. However, a person must visit an orb in person to verify their uniqueness and humanness using their biometrics to receive a fully verified World ID.
According to the announcement, individuals can now orb-verify their World ID in Poland’s capital, Warsaw. This verified World ID will allow them to authenticate anonymously as a unique human in several online applications. User verification is often accompanied by incentives to help businesses distinguish between real users and potential spam bots.
The announcement also disclosed that a 2023 study emphasized how Polish citizens frequently encountered AI-powered bots online. Thus, the launch of World ID verification in Poland will help individuals distinguish between bots and people while maintaining their anonymity.
The launch of World ID verification in Poland is part of the firm’s ongoing efforts to support a widespread global decentralized identity verification network. Worldcoin launched the same orb verification process in Austria and Europe in July.
As mentioned in our earlier article, Worldcoin is expanding further in Europe by partnering with Alchemy for advanced blockchain infrastructure. This expansion follows its temporary ban in Spain, its biggest European market.
As we discussed earlier, Spanish privacy regulator AEPD accused Worldcoin of unlawfully collecting minors’ data and preventing users from withdrawing their consent. As a result, AEPD ordered Worldcoin to cease its operations in Spain. Despite ongoing regulatory challenges, Worldcoin has continued introducing new updates on World ID to enhance users’ experience.
WLD Showing Positive Outlook
Worldcoin (WLD) price is showing signs of a potential breakout across time frames after the launch of the World ID verification in Poland. The coin quickly recorded a 5% surge in the last 24 hours to trade at $1.46. The coin’s intraday low and high were recorded as $1.42 and $1.52, respectively.
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Additionally, WLD has risen by 3.4% in the past week, keeping up with the rest of the market. After the announcement of Poland’s expansion, the 24-hour trading volume increased by 33% to $99 million.
Meanwhile, a recent report revealed that WLD might rally by nearly 34% following the debut of World ID on Solana. Notably, the surge in WLD coincides with a resurgence in the general crypto market.
Still, Coinglass data shows a nearly 2.5% decrease in the futures Open Interest (OI) to $126.04 million, raising concerns among market participants.
