Worldcoin (WLD) announced the launch of its own blockchain in the summer - World Chain.
This will be an L2 network for Ethereum, created on the basis of OP Stack. The developers announced that they are going to fight bots using World ID. The network will prioritize transactions from people. They will also receive discounts on commissions. Accordingly, first a transaction from a confirmed person will be added to the block, and the rest of the block space will be occupied by bots.
Let us remind you that#Worldcoinis a crypto startup of#OpenAIfounder Sam Altman. Which essentially buys people's biometric data (retina scans, and this leads to investigations by local regulators) for its#WLDtokens. With the stated altruistic goal of providing an unconditional basic income in the future.
Until now, Worldcoin's World ID protocol simply operated as a decentralized application - essentially just a set of smart contracts on the Ethereum blockchain. Moving to an independent chain can give developers more control over the project.
The#WLDrate has been correcting for the fifth week in a row, until the downward trend since March 10 is broken - the correction of the February-March pump continues. The price has now found support at the EMA 200 of the daily TF and at the volume and mirror levels of $4,712.
