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Market News

Sam Altman’s Worldcoin Achieve 2 Million Sign-Ups & Counting

The Revolutionary Worldcoin project, led by Sam Altman, reaches a significant milestone with over 2 million sign-ups for their World ID program, following a highly successful multi-city tour.

Written By Shivraj Swami
Published 2023-07-14·Updated 1 month ago
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Sam Altman's Worldcoin Achieve 2 Million Sign-Ups & Counting

The Worldcoin community, dedicated to building a more human economic system, has achieved a remarkable milestone by surpassing 2 million sign-ups for its World ID during the beta phase, accomplishing this feat in less than half the time it took to reach the first million. 

2 million strong 🫡 Thank you to everyone who helped Worldcoin reach this milestone. The timing couldn't be more appropriate.https://t.co/dXNpb6h2hr

— World (@worldcoin) July 13, 2023

This widespread adoption can be attributed to the recent availability of Orbs, the cutting-edge biometric imaging devices designed specifically for Worldcoin, which have been introduced as part of the project’s global tour.

The impressive growth rate continues, with over 40,000 individuals signing up for a verified World ID every week. This achievement is a testament to the efforts of the entire Worldcoin community, including the builders, integration and composability partners, and the individuals diligently verifying their World ID on a daily basis. 

The urgency for such a system is underscored by the McKinsey Global Institute’s report on Digital Identification, which highlights that over 4.4 billion people worldwide lack a legal identity or possess one that cannot be digitally verified, hindering their access to financial services. 

World ID aims to address this challenge by offering a privacy-preserving way for individuals to prove their uniqueness and humanness within the Worldcoin ecosystem.

To accommodate the growing demand for verified World IDs, the availability of Orbs is expected to expand significantly in the coming months. Further details regarding the timing and locations of new Orb releases will be shared shortly.

Also Read: Worldcoin Introduces World ID in Germany

In addition to the increasing sign-ups, a growing number of applications and services are embracing the World ID protocol. Okta’s Auth0, a global authentication and authorization platform, recently integrated “Sign in with Worldcoin” into tens of thousands of applications and online services utilizing Auth0 for user authentication.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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