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Coinbase Considers Listing Altman’s Eye-Scanning Crypto Project Worldcoin (WLD)

Coinbase has added Sam Altman’s crypto project World Network (WLD) to its listing roadmap, encouraging transparency in potential future listings. World Network aims to create global digital identities through eye-scanning “orbs.” Despite regulatory challenges in Spain, a recent survey suggests strong local support for the project. Users appreciate the safety and value provided by World IDs, indicating a favourable outlook for the project’s return.

Coinbase, the largest cryptocurrency exchange in the United States, has reportedly added Sam Altman’s World Network (WLD) to its listing roadmap. This announcement came via a post on the social media platform X, where Coinbase hinted at the future listing of WLD, though it’s worth noting that this alone doesn’t guarantee a definite listing.

The inclusion on the roadmap is aimed at enhancing transparency within the crypto market, effectively reassuring users and investors of a candid approach. This is intended to deter potential insider trading as Coinbase explores future options for listing new tokens.

Sam Altman’s World Network, which had rebranded from “Worldcoin”, seeks to establish digital identities for individuals globally. The project uses eye-scanning devices, referred to as “orbs,” to confirm humanity. Users who undergo this eye scan receive “World IDs,” which are meant to mitigate issues with bots and fake identities prevalent online.

Not only does the project revolve around the distribution of WLD tokens, but it also features a dedicated app to manage user identities. Last year, Spain’s regulators mandated that World Network halt its data collection processes due to consumer complaints regarding invasive methods.

Despite previous hurdles, recent findings revealed a larger acceptance among the Spanish consumer base. According to a survey involving 21,000 users conducted by World Network, nearly 90% expressed support for the project’s return to Spain. Additionally, a staggering 81% felt safe using Worldcoin, while only 15% were uncertain.

The survey underscored the growing significance of a reliable digital proof of humanity, with 87% of respondents backing the resumption of Worldcoin operations, demonstrating an appetite for the service despite past concerns.

For now, people are encouraged to stay connected through social media like X, Facebook, and Telegram to receive updates. It’s always wise to exercise caution and conduct substantial research prior to making any high-stakes investments in the volatile spheres of Bitcoin or cryptocurrencies at large.

In conclusion, the road ahead for Worldcoin and its relationship with Coinbase remains to be seen, but the interest is evidently there. However, one needs to keep in mind that investment decisions should always be informed, as any losses are ultimately the investor’s responsibility.

Shanice Murray is a dynamic multimedia journalist with a passion for storytelling through various platforms. Originally from Jamaica, she completed her studies at the University of the West Indies before relocating to the United States to further her career in journalism. With over 10 years of experience in both print and digital media, Shanice has earned multiple awards for her innovative approaches to reporting on cultural issues and human interest stories.

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