Originally published on: October 18, 2024
World, previously known as Worldcoin, has recently revealed its latest innovation in the form of the Ethereum layer-2 blockchain called World Chain. This groundbreaking network aims to enhance efficiency and functionality for its 15 million verified users who have scanned their irises to obtain a “World ID.”
By prioritizing verified human users and providing them with access to block space and free gas, World Chain ensures a seamless experience for its users. Moreover, the blockchain boasts partnerships with renowned apps and projects such as Optimism, Uniswap, Zerion, and Alchemy.
With a vision to promote crypto adoption, World has rebranded itself and introduced a new version of its biometric device, the Orb, which features advanced Nvidia hardware for increased efficiency. The company has also expanded its identity verification options and collaborated with popular social media platforms like FaceTime and WhatsApp.
World’s mission is not only to solve identity issues accelerated by AI advancements but also to pave the way for a new universal basic income model through its WLD token. Users can register their unique identities using the World App and claim free WLD tokens after verifying themselves at the Orb device.
Despite the launch of World Chain, the price of the WLD token remains stable, showcasing the market’s confidence in this innovative project. Stay tuned for more updates and insights on blockchain and cryptocurrency trends by subscribing to our Crypto Biz newsletter. Don’t miss out on valuable information to navigate the market effectively and seize financial opportunities. Join us every Thursday!