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Worldcoin, the revolutionary crypto project co-founded by OpenAI CEO Sam Altman, has recently made strategic decisions that have had an impact on its global operations.  The strategy of the Worldcoin crypto project: the launch in Singapore among global operational adjustments In a noteworthy announcement on Wednesday, Worldcoin revealed the success of its launch in Singapore, positioning itself in the heart of an influential economic hub. This move follows the suspension of verification services in India and the cessation of registration activities in Brazil and France. The launch in Singapore represents a crucial moment for Worldcoin, marking its expansion in the ever-evolving landscape of identity verification. The organization has declared in a concise blog post: “Individuals in Singapore can now verify their human uniqueness at an Orb, in the latest sign of the growing global interest in personality testing and the Worldcoin project”. Despite the positive tone surrounding the launch of Singapore, Worldcoin has acknowledged the recent operational adjustments.  The project has temporarily suspended its services in India, emphasizing the commitment to develop a customized, secure, and orderly process to meet the growing demand for personality tests verified by Orb. In addition, Worldcoin clarified its previous activities in Brazil and France, stating that they were limited previews with a full launch planned for 2024.  This strategic decision is in line with Worldcoin’s vision of a gradual and measured expansion, ensuring a robust and scalable infrastructure. The Worldcoin project, in its essence, is an identity-focused initiative that uses Orb devices to scan individuals’ irises, establishing the truthfulness of their humanity.  The use of WLD rewards To encourage participation, the project rewards users with WLD tokens.  Despite the initial drop in WLD token prices after launch, they have shown some resilience and are currently trading at $3.70 at 2:30 p.m. ET. The aspect…

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Filed under: News - @ December 29, 2023 2:24 am