Worldcoin registered a record number of single-day sign-ups in Argentina, a country known for its enthusiasm when it comes to crypto and tech innovation.
Worldcoin reported that an astonishing 9500 users had completed the verification process for World ID, a significant surge in demand.
Worldcoin Hits Record Numbers
Worldcoin is a crypto project created by Sam Altman, the CEO of OpenAI. Altman describes Worldcoin as an identity-focused crypto project. The project encourages users to establish their digital identity through iris scans. Now, the project has stated that it has registered record numbers in Argentina, a country known for its enthusiasm towards tech and crypto innovation. In a blog post published by Worldcoin, the company added that around 9500 Argentineans had verified their World ID in a single day. The posts added that this was equal to one verified individual in Argentina every nine seconds.
“Following the launch of the Worldcoin project on the 24th of July, 2023, there was a significant increase in demand for World ID verifications in countries around the world. This continued into August, which saw 9.5K Argentinians verify their World ID in a single day. That’s one verified human in Argentina every 9 seconds.”
The post added that the surging demand led to World App, the first wallet created for the project, temporarily becoming the number one app on Argentina’s App Store.
Argentina And Its Enthusiasm For Crypto
During a conversation on the Ethereum Argentina Mainnet Stage on Friday, Alex Blania, the Worldcoin project co-founder and the CEO of Tools of Humanity, talked about Argentina and its enthusiastic response to innovative crypto projects such as Worldcoin. Blania stated in their answer that Argentina is one of the world’s most crypto-forward countries and has a greater understanding of the fundamental principles of crypto.
“I think the first major thing that stands out is that Argentina specifically is one of the most crypto-forward countries in the world. People are much more sensitive and much more understanding of the fundamental principles of crypto. It’s a combination of having a very technologically advanced country in general and then also a crypto-f
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Author: Amara Khatri