Cryptocurrency Q&A
Will worldcoin open in India again in 2024?
Will worldcoin open in India again in 2024?
SamuraiHonor
Mon Sep 09 2024
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7 answers
1806
Could you please clarify the current status of Worldcoin's operations in India and whether there are any plans or indications that it will reopen its operations in the country in 2024? Given the ever-evolving regulatory landscape and market conditions, it's important to stay informed about potential changes in accessibility for cryptocurrency projects like Worldcoin. Additionally, are there any specific challenges or opportunities that you foresee for Worldcoin's expansion in India in the coming years?
7 answers
Lorenzo
Wed Sep 11 2024
Tools for Humanity, the philanthropic foundation behind Worldcoin, has clarified that the Orb initiative was a limited-time endeavor, exclusively available in select regions such as India, France, and Brazil. This approach aimed to carefully assess and refine the project's execution before expanding further.
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Lorenzo
Wed Sep 11 2024
According to representatives from Worldcoin, the decision to limit access was strategic, allowing the team to gather invaluable insights and feedback from users in these pilot countries. The data collected during this phase is crucial for optimizing the platform and ensuring its long-term success.
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BusanBeautyBloomingStar
Wed Sep 11 2024
Despite the temporary nature of the Orb's availability, Worldcoin remains committed to expanding its reach globally. The company has shared ambitious plans for the future, highlighting its intention to re-enter the Indian market in 2024.
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ZenBalance
Tue Sep 10 2024
In an exclusive interview with Cointelegraph, Worldcoin's representatives divulged their strategy for re-launching operations in India. This move signifies the project's confidence in the Indian cryptocurrency landscape and its potential to contribute significantly to the global adoption of digital assets.
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NebulaChaser
Tue Sep 10 2024
The re-entry into India will be preceded by a series of preparatory steps, including refining the Orb experience based on feedback from previous users and conducting thorough market research to understand the unique needs and preferences of Indian cryptocurrency enthusiasts.
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