Recent days have seen a substantial surge in global interest in Worldcoin, a cryptocurrency token intricately tied to Sam Altman’s pioneering digital ID project.
A study conducted by CoinJournal, based on Google Trends data, reveals that Kenya has emerged as a focal point of enthusiasm, showcasing notably higher curiosity among its consumers compared to other nations.
Kenya leads the group with a Google Trends score of 100, indicating a robust interest in Worldcoin and its associated initiatives. Portugal closely follows at 93, reflecting significant interest, while Argentina, Chile, and Spain round out the top five with varying levels of engagement.
CoinJournal’s Director, Phil Hoey, commented on the evolving crypto market, stating, “Initiatives like Worldcoin stand at the forefront of technological advancement, offering novel solutions to complex challenges.”
With Kenya at the forefront of interest, the global crypto community eagerly anticipates the future impact of projects like Worldcoin in shaping the digital landscape.
Worldcoin, spearheaded by Altman, aims to revolutionise identity verification through technology. The project seeks to provide individuals with unique digital identities by integrating iris scanning technology and blockchain, addressing key challenges associated with online identity verification.
However, in August of the previous year, Worldcoin faced a suspension in Kenya due to government concerns related to safety and data privacy. Interior Cabinet Secretary Kithure Kindiki expressed authorities’ worries about the project, prompting investigations into data safety and usage practices.
In response, Worldcoin reaffirmed its commitment to providing an inclusive, privacy-preserving, decentralised on-ramp to the global digital economy. The project expressed eagerness to resume services in Kenya, collaborating closely with local regulators and stakeholders.
The surge in Worldcoin’s popularity seems intertwined with Sam Altman’s success, particularly since the launch of OpenAI’s text-to-video AI app Sora. Although Sora and Worldcoin are unrelated projects, crypto investors seek exposure to Altman’s influence through Worldcoin’s WLD token.
As of now, the WLD token is trading at $7.44, registering a 39.8% increase in a day and a notable 185.8% surge in the past week, according to data from CoinGecko.
This surge commenced on February 15, coinciding with the launch of Sora by Altman’s firm, OpenAI, indicating a potential correlation between Altman’s ventures and Worldcoin’s market performance.