- The World App now has a reservation function to facilitate the acquisition of WLD tokens.
- Users must download World App in order to reserve their WLD.
On Friday, Sam Altman’s Worldcoin announced a new feature that would enable anybody to reserve Worldcoin (WLD) tokens without first proving their identity. Due to privacy and security concerns, the crypto industry was initially reluctant to support Worldcoin, despite the company’s stated goal of creating the largest identification and financial network in the world.
World App now offers a reservations feature to make it easier for everyone to participate in the global economy
https://t.co/jZFdbb5tDb pic.twitter.com/L3fiwePE1g
— Worldcoin (@worldcoin) August 11, 2023
On August 11th, Worldcoin announced that the World App now has a reservation function to facilitate the acquisition of WLD tokens. Without verifying their World ID, users may still reserve WLD tokens. A simple trip to an Orb during the following year will allow them to get their reserved WLD tokens.
Users must download World App in order to reserve their WLD. The next step is to place a reservation on WLD tokens when they become available, and then redeem them at an Orb following verification.
Increased Scrutiny
The price of Worldcoin (WLD) is $1.69, down 5.45% in the past 24 hours and 24.75% in the previous week as a result of several worries voiced by industry professionals. Due to security and privacy issues, some governments have initiated investigations into the Worldcoin initiative. Worldcoin is first experiencing difficulties in Kenya following probes throughout Europe.
Prominent figures, like Ethereum’s developer Vitalik Buterin, voiced worries about Worldcoin’s privacy and security, calling attention to the Orb’s bad design, privacy, and security flaws, and the company’s questionable commercial actions.
Concerned about the safety of user’s personal information, the Public Information Access Agency of Argentina launched an inquiry into Sam Altman’s Worldcoin initiative on Friday. The agency will also investigate the protocols’ usage and capacity for storing sensitive information.
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