According to (Coin Telegraph), World (formerly Worldcoin) said that its World Chain will give priority to verified human users rather than robots, giving them priority access to block space and free gas quotas.
The “proof of humanity” project founded by Sam Altman — which has since rebranded as World — has launched an Ethereum layer-2 blockchain called World Chain.
In an Oct. 17 announcement, World said 15 million users who have obtained a “World ID” through iris scanning can now use the network.
The company launched World Chain with the goal of improving efficiency and introducing new features for users of its Worldcoin token while expanding its user onboarding efforts.
World says its new blockchain will prioritize verified human users — those with a World ID — over bots, giving them access to block space and quotas for free gas.
Additionally, World said its blockchain will have a range of top applications and projects, including Optimism for interoperability, Uniswap for asset exchange, Zerion for real-time APIs, and Alchemy for development, among others.
World first announced World Chain in April, saying the network furthered its “people-centric” approach to cryptocurrency adoption. Along with the launch of World Chain, World changed its name and launched a new version of its “Orb” — a biometric device in the form of a chrome ball that scans people’s eyes.
The company also revealed new authentication options and partnerships with social media apps like FaceTime, WhatsApp, and Zoom.
Powered by Nvidia hardware, the new Orb will be more efficient and "five times more powerful" than its predecessor, taking up less space and using fewer parts.
World officially launched in July 2023. The company was co-founded by OpenAI CEO Sam Altman, current CEO Alex Blania, and Max Novendstern, CEO of biometric research company Mana.
The crypto-based digital identity project is dedicated to solving identity issues brought about by the rapid development of AI. In addition, World said it aims to introduce a new universal basic income model through its WLD token.
Users register their unique identity in the company’s “World App” by scanning their irises on an Orb device. Once a user verifies their identity on Orb, they can choose to claim their allotment of free WLD tokens.
The WLD token’s price was largely unaffected following World’s announcement of the new network, falling 2.1% on the day.
