WLD Worth Forecast: Sam Altman’s Worldcoin Targets 1B Customers with Ethereum L2 Launch…

Sam Altman Broadcasts Worldcoin Rebrand to “World Community” and New Ethereum L2 Challenge to Onboard 1 Billion Customers

On Oct 17, Worldcoin’s founder, Sam Altman, introduced a serious rebrand to World Community and unveiled plans to develop the digital identification initiative’s consumer base to 1 billion individuals throughout a keynote handle.

The keynote, led by co-founders Sam Altman and Alex Blania, marked a big shift within the challenge’s trajectory, coinciding with key updates designed to drive international adoption of its decentralized identification platform.

Among the many updates introduced had been the launch of World Chain, an Ethereum-based Layer 2 blockchain, and the discharge of latest variations of its biometric Orb units and World App.

Guarantees of Accelerated Progress Set off 22% WLD Worth Breakout

The rebranding highlights World Community’s evolving mission, shifting from its authentic identification verification mannequin to a extra decentralized, scalable community.

Based on the workforce’s official blogpost, 15 million World ID holders and World App customers have both migrated or are within the technique of migrating to World Chain as of Oct 17, 2024.

Blania, additionally the CEO of Instruments for Humanity, famous that the challenge is now centered on scalability and decentralization. He stated: