Artificial intelligence (AI)-based digital asset Worldcoin (WLD) claims that nearly nine out of 10 users in Spain, a country that banned it earlier this year, support the altcoin’s return.
In a new blog post, Worldcoin – an eye-scanning, privacy-focused project founded by Sam Altman, CEO of OpenAI – says it conducted a survey of 21,000 Spanish users and found that about 90% of them are in favor of returning.
“A new customer survey of more than 21,000 people in Spain, the first of its kind to give a voice to Worldcoin users, shows how important digital proof of humanity has become in the country and the extent to which people recognize the value on offer by World ID…
Importantly, 81% of respondents stated that they feel safe using Worldcoin (15% were unsure). The survey results also showed that respondents in Spain strongly support the return of Worldcoin operations in the country (87% support, 9% unsure).”
Worldcoin works by letting users scan their eyes using a special peripheral device. In March, Spanish regulators ordered Worldcoin to stop collecting data after receiving numerous complaints from customers that the data collection process was invasive.
However, at the time, Worldcoin said it would take legal action against Spain as it was in compliance with all the country’s laws.
In the blog post, Worldcoin said it has agreed to cease operations in Spain until the end of 2024, when a consultation process is completed.
“TFH (Tools for Humanity) has volunteered to extend the pause of Worldcoin orb operations in Spain. This gives BayLDA in Bavaria, the competent lead authority responsible for overseeing Worldcoin’s GDPR (General Data Protection Regulation) compliance, time to complete its audit – a process in which TFH has been fully participating for over a year.”
WLD is trading at $4.93 at the time of writing, up marginally over the past 24 hours.
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Generated image: Midjourney
