Worldcoin
(WLD)

is
currently
enjoying
an
upward
trend,
with
the
crypto
token
surging
by
over
15%
in
a
single
day
to
reach
$3.
This
development
is
thanks
to
the
recent
strides
that
the

Worldcoin
team

has
made
to
achieve
the
goals
of
the
crypto
project. 

Expansion
Of
Worldcoin’s
World
ID
Provides
Bullish
Momentum

The
Worldcoin
team
recently

announced

that

World
ID,
the
project’s
global
identity
network,
would
be
making
an
entry
into
Ecuador.
Locals
in
the
country
can
get
verified
using
the
Orb
to
join
Worldcoin’s
identity
network.
The
team
mentioned
that
verifications
will
be
available
at
six
locations
across
two
Ecuadorian
cities. 

 

Related
Reading

Verification
will
begin
at
the
port
city
of
Guayaquil
on
June
26,
while
the
other
verification
locations
will
be
set
up
in
the
Capital
city
of
Quito
on
June
27.
Worldcoin
stated
that
anyone
18
years
or
older
who
is
interested
in
joining
the

over
5
million
people

participating
in
the
Worldcoin
network
can
get
Orb
verified
in
either
of
those
two
cities. 

This
development
undoubtedly
provides
bullish
momentum
for
the
Worldcoin
token,
considering
the
role
the
crypto
token
plays
in
achieving
the
team’s
vision
of
providing
a
global
identity
for
everyone.
Worldcoin’s
entry
into
Ecuador
is
also
a
much-needed
boost,
given
the

regulatory
scrutiny

and

negative
publicity

that
has
overwhelmed
Worldcoin’s
ecosystem. 

Worldcoin
also
noted
that
its
upcoming
launch
in
Ecuador
comes
at
a
time
when
the
project
is
set
to
expand
further
in
Argentina
through
direct
investments
in
the
country
and
the
launch
of
more
Orb
verification
locations.
As
part
of
the
investment,
Worldcoin
contributors
such
as
Tools
for
Humanity
(TFH)
will
sponsor
professional
opportunities
for
at
least
50
developers,
operations
specialists,
software
engineers,
data
analysts,
and
other
professionals
in
the
country. 

Additionally,

Worldcoin

announced
that
50
World
ID
orb
verification
locations,
including
two
experience
stores,
will
be
set
up
in
over
ten
cities
across
Argentina.
These
locations
are
expected
to
open
sometime
during
the
summer
in
the
country. 

 

More
Good
News
For
Worldcoin

Kenya’s
local
media,
The
Star,
recently

reported

that
the

government

has
dropped
its
investigation
into
Worldcoin.
Worldcoin
had
earlier
had
to

suspend
its
World
ID
verifications

in
the
country
following
allegations
of
unlawful
collection
and
transfer
of
personal
data
belonging
to
locals. 

Related
Reading

However,
upon
investigating
and
reviewing
these
allegations,
the
country’s
Directorate
of
Criminal
Investigations
(DCI)
determined
that
they
had
no
substance
and
directed
that
the
investigation
be
dropped
with
no
further
action
from

law
enforcement
agencies.
The
Star
noted
that
this
development
will
likely
pave
the
way
for
Worldcoin
to
resume
its
operations
in
Kenya. 

Worldcoin’s
operations
in
Kenya

were
largely
successful.
Over
635,000
Kenyans
are
said
to
have
downloaded
the
World
App,
although
more
than
half
of
these
individuals
had
yet
to
verify
their
identity
using
the
Orb. 

 

Featured
image
created
with
Dall.E,
chart
from
Tradingview.com

Go to Source
Author: Scott Matherson

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