Unverified Worldcoin users can now reserve their WLD tokens.
In a fresh development, Worldcoin has updated its reservation policy, extending the opportunity for even unverified users to book their WLD tokens.
Previously, reserving WLD tokens was a privilege available exclusively to users with verified Worldcoin IDs. However, as of August 11th, the crypto project has made it more inclusive.
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Users can now reserve their tokens using the World app and have a one-year window to authenticate their reservation by interacting with the iris recognition system, Orb. Users, by registering their iris with the Orb, which aids in creating a biometrically secure ID, can receive WLD tokens in return.
After an intensive three-year development phase, Worldcoin debuted on July 24th. The team behind Worldcoin aims to develop a comprehensive database for humans, setting them apart from bots, especially in a future where distinguishing between humans and advanced AI might pose challenges.
Worldcoin envisions its ID becoming an essential digital identification tool for individuals seeking access to a multitude of services. However, it's not all smooth sailing for Worldcoin. Their futuristic approach has landed them in choppy waters, facing scrutiny and operational setbacks.
Their data collection methods led to a suspension of their activities in Kenya, where concerns were raised about the trade-off between valuable iris data and a digital ID. Regulatory challenges have also surfaced in countries like Argentina and the UK. Despite successfully registering over 2 million users before their public unveiling, post-launch user engagement and response have been mixed.
Worldcoin, while possessing a bold vision of a biometrically-secured digital future, continues to navigate a path filled with opportunities and challenges. Their recent move to be more inclusive by opening up WLD reservations to unverified users is a testament to their adaptability and commitment to their mission.
