Worldcoin, the project backed by Sam Altman, is expanding its footprint in the United States and introducing new features to streamline everyday cryptocurrency use. Explore how this strategic development could impact crypto adoption.
The expansion of Worldcoin in the United States, with its launch in six major cities, marks a significant step in the quest for mass adoption of cryptocurrency. But that’s not all: the project also partners with Tinder, the globally renowned dating app, for a pilot program in Japan.
This partnership highlights the growing interest of popular applications in integrating blockchain-based identity verification solutions. By collaborating with various sectors, Worldcoin demonstrates an innovative approach to encourage the use of crypto beyond traditional niches.
Moreover, the project introduces a Visa card linked to the World app, allowing users to facilitate their cryptocurrency transactions in their daily lives. This feature solidifies Worldcoin’s commitment to making crypto adoption more accessible and convenient.
Through the identity verification process on the Worldcoin platform, users can now earn rewards in the form of WLD tokens. This financial incentive could play a key role in cryptocurrency adoption by a wider audience.
Furthermore, the ability to use a Visa card connected to the World app greatly simplifies everyday crypto payments. This feature underscores Worldcoin’s commitment to making cryptocurrency usage more accessible and convenient for users.
In conclusion, Worldcoin’s expansion in the United States, the launch of its crypto Visa card, and its partnership with Tinder highlight the ongoing evolution of cryptocurrency towards broader and more practical use cases. This innovative approach aims to promote crypto adoption beyond enthusiasts by integrating into mainstream applications.
As the crypto ecosystem continues to evolve, the upcoming initiatives of Worldcoin will be closely monitored. Their ability to attract new users and facilitate daily cryptocurrency usage could have a significant impact on long-term adoption.
At the time of writing, WLD is trading at $1.07 and is at its 100-day moving average. If its price breaks the resistance at $1.25, it can continue its upward trend towards its 200-day MA at $1.70. This represents an increase of about 55%.
Conversely, if WLD drops and breaks $0.83, the bullish phase will be invalidated, leading to new lows. So far, the news has not had a significant impact on the price.
Here is a practical guide to buy WLD on Bitget right now:
Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.
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