Sam Altman’s World project, once called Worldcoin, has reached a major milestone by verifying over 10 million humans. According to a blog post, this achievement shows the project is becoming more successful.
World Innovative Approach to Human-AI Distinction
Over 20 million users have downloaded the World App as part of the World project’s efforts. Interestingly, the app helps users verify their identity using biometric scans. In return, they can access various features and benefits, including joining the World Project’s cryptocurrency ecosystem
World’s ethos revolves around the idea that as society becomes increasingly dependent on digital agents powered by artificial intelligence, a reliable system of discerning AI agents from human actors will be paramount. Users who participate in the scan are rewarded with WLD tokens.
Launched in May 2023, the World Project is now in over 160 countries. Also, Worldcoin introduced World Chain in April 2024, a novel blockchain project focused on empowering human users, optimizing performance, and driving practical adoption in real-world Web3 applications. This shows that more people use decentralized digital identity solutions, making the platform well-known for identity verification.
World Project’s Uphill Battle
The World’s efforts drive the widespread acceptance of Decentralized Finance (DeFi) and the concept of Proof of Personhood in an era dominated by artificial intelligence (AI). Recall that the project has launched a major achievement in its journey to provide users with digital identification and complimentary cryptocurrency.
Also, it collaborated and bolstered ties with government leaders to safeguard user data and privacy concerns. However, since its inception, the firm has been scrutinized by various nations due to concerns surrounding data collection. The iris verification device was also suspended due to regulatory hurdles in key markets.
World Making Moves Amid Challenges
Amid the regulatory challenges, World partnered with OpenAI to solidify its innovative solutions for regulatory compliance.
Furthermore, the project implemented steps leading to SMPC development, alleviating its data gathering and safekeeping concerns. Meanwhile, top government officials are still interested in engaging with the project amidst growing curiosity and concerns surrounding AI.
As reported by TheCoinRise, the project’s native token experienced a 28% surge in November 2024, thanks to the rapid expansion of its identity verification services. The surge followed the project’s aggressive roll-out into over 40 countries, igniting excitement and investor confidence.
