Worldcoin ($WLD) Rockets Amidst Identity Tech Push and Key Partnerships, But Regulatory Clouds Loom

Key Points

1. Worldcoin ($WLD) price increased by 16.7% to $1.06, driven by adoption of its World ID technology.

2. Worldcoin aims to create a global, privacy-focused digital identity system using biometric verification like the Orb.

3. The project has partnered with Story Protocol, Razer, and Match Group to integrate World ID into various applications.

4. World ID usage has surpassed 100 million verifications across third-party apps, with 2-10 million registered users in 160 countries.

5. Worldcoin is collaborating with Succinct to scale zero-knowledge (ZK) proofs for transactions on World Chain.

6. The $WLD token has a total supply of 10 billion, with 1.7 billion currently in circulation.

7. Worldcoin faces regulatory scrutiny in some regions, such as Germany, but remains bullish in the mid-term.