Just-In: Worldcoin Teams Up With Alchemy To Launch World Chain

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As a crypto investor with experience in the blockchain space, I’m excited about Worldcoin’s recent partnership with Alchemy and the potential implications for the project. This collaboration grants Worldcoin access to Alchemy’s proven infrastructure, which is essential for scaling and accelerating the development of World Chain.

Worldcoin has teamed up with leading blockchain infrastructure provider Alchemy to fuel its groundbreaking World Chain initiative. This collaboration provides Worldcoin with Alchemy’s robust infrastructure, including rollup hosting services and a rich set of developer tools. By tapping into Alchemy’s industry knowledge, the development process for World Chain is anticipated to gain momentum, potentially revolutionizing the realms of digital identity and blockchain technology.

Worldcoin & Alchemy’s Partnership and Potential

As an analyst, I believe that Alchemy holds a pivotal role in bringing Worldcoin’s vision to life by powering its World Chain. With a user base exceeding 10 million at launch, World Chain stands to gain immensely from Alchemy’s robust technical infrastructure. Designed with the capacity to expand and accommodate an increasing number of users, applications, and developers across the globe, Alchemy’s technology is well-equipped to support Worldcoin in its mission.

In our collaboration, Alchemy will incorporate its extensive platform into World Chain. This incorporation encompasses fundamental node APIs, account abstraction for intelligent wallets, data indexing, and APIs. This integration enables Alchemy developers to effortlessly access World Chain through the dashboard with just a few clicks, thereby simplifying the onboarding and development process on the chain.

As a crypto investor, I strongly believe in the significance of backing World ID’s implementation and advocating for it as a crucial component of web3 infrastructure. The emphasis is on creating privacy-preserving human verification processes to enable seamless proof-of-personhood for onchain users. Additionally, Alchemy intends to work closely with Optimism and the broader Ethereum ecosystem in the context of the Superchain initiative. This collaboration will not only bolster interoperability but also expand the functionality of World Chain.

Worldcoin’s European Expansion & WLD Price Dynamic

As a researcher studying the latest developments in blockchain technology, I’m excited to share that Worldcoin, known for its innovative and privacy-preserving identity system, is commencing its European expansion today, June 26. The company will initiate World ID orb verifications in six locations spread across two European cities, with the second city becoming operational tomorrow. This significant milestone marks Worldcoin’s first entry into Europe, building on its successful rollout in various Latin American countries.

The core technology of Worldcoin, known as the World ID orb verification system, allows users to verify their identities in a secure and private manner. As of today, this privacy-conscious methodology by Worldcoin is attracting significant attention from the tech industry as it navigates Europe’s rigorous regulatory landscape.

Although there has been a favorable advancement for Worldcoin, its open interest exhibited a decrease of 0.85% within the last 24 hours, now worth $107.9 million. The current price of Worldcoin (WLD) is $2.83, accompanied by a trading volume of $193.8 million in the past 24 hours. This equates to a 3.09% decrease in price day-over-day but a 2.71% increase over the previous week. The circulating supply consists of 250 million WLD tokens.

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2024-06-26 18:57