On Thursday, Worldcoin (WLD) announced a succession of new features, including a name change and the launch of its mainnet. Let's take stock of these different announcements.
Worldcoin announces the arrival of its mainnet
Last year, the Worldcoin project supported by Sam Altman made headlines, with the launch of the WLD token which can be obtained by scanning one's iris with the famous Orb. This scan allows you to obtain your World ID, a unique digital identity allowing you to navigate at the heart of the Worldcoin ecosystem.
💡 What is Worldcoin (WLD)?
On Thursday, the project announced several new features, culminating in a change of name to World, and especially the launch of the World Chain mainnet :
As of October 17, all 15 million World ID holders and World App users have migrated or are in the process of migrating to World Chain, the first blockchain designed to benefit humans first. Since day one, World Chain has been backed by world-class blockchain service providers and applications, including Optimism, Alchemy, Uniswap, Safe, Dune and Etherscan.
When writing these lines, the network already counts more than 11,500 active accounts.
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A selection of new products
In parallel with the launch of the mainnet and the name change, other new features were made official on Thursday. For example, World ID 3.0 has appeared on World App. Thus, passports compatible with NFC technology can be registered in the application, in particular to prove one's age or nationality, without the data they contain being recorded outside the device, so that the World Foundation or its partners cannot access it.
At the same time, a new, more efficient Orb for performing iris scans was launched. Likewise, the 3rd version of World App was released, with a series of embedded mini-apps:
Introducing World App 3.0, the super app for humans. Now featuring Mini Apps. pic.twitter.com/Db8GYXBg4n
— World (@worldcoin) October 17, 2024
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Despite all these announcements, the WLD token has not particularly seen its valuation increase. Over the last 24 hours, the asset has gained 0.93% over 24 hours and is trading at $2.18, for a capitalization of $1.19 billion.
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Source: Worldcoin
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Since 2021, I have devoted my free time to seriously educating myself on cryptocurrencies in order to acquire maximum knowledge and credibility. I often have the opportunity to conduct interviews with influential figures in the blockchain industry. I also conduct in-depth analyzes on Web3 themes to offer exclusive content to Cryptoast readers.
Vincent Maire
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