On 11 Oct 2024, Worldcoin ($WLD Coin) revealed a partnership with Dune, a popular blockchain data analysis platform.
Under this collaboration, Dune will enhance the accessibility of on-chain data for the Worldcoin community, significantly boosting transparency for Worldcoin network.
The Dune team also showed excitement with this collaboration and said that they aimed to bring visibility into the world’s largest privacy-preserving human identity network.
Also, as per a report, the Worldcoin team has officially launched its layer-2 network called World Chain. Built on Ethereum’s layer-2 architecture, World Chain aims to solve blockchain issues like scalability and high transaction fees. The network is expected to offer faster, cheaper transactions and a better level of interoperability across different blockchain networks.
The Worldcoin crypto project is backed by popular Artificial Intelligence (AI) firm OpenAI CEO Sam Altman. With the help of Worldcoin’s World ID project, he aims to fight against the spamming of AI bots & fake tools. He believes bots and artificial intelligence are expected to occupy more space on the internet in the future, so the world should be ready for such challenges in advance.
In the past, since the launch, many countries either banned or restricted the activities backed by the Worldcoin project citing risks related to identity theft concerns.
Worldcoin price action
Following this bullish news, the trade price of this crypto token saw significant trading activity.The current trade price of WLD coin is $1.93, which is 13.87% higher over the last 24 hours, and it is expected that the trade price of this cryptocurrency will surge more in the next few hours.
Read also: Crypto hater Gary Gensler says Bitcoin & Cryptocurrencies are best store of value
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