#wld

Worldcoin (WLD) announced the launch of their own blockchain called World Chain, which is expected in the summer. This blockchain will be an L2 network for Ethereum and will be based on OP Stack technology. The developers plan to use World ID to combat bots by giving priority to transactions from real people and giving them discounts on fees. Transactions from verified humans will have priority when added to the block, while the rest of the block space will be available to bots.

Let us remind you that Worldcoin (#WLD) is a crypto startup of OpenAI founder Sam Altman, which offers tokens in exchange for biometric data, arousing the interest of regulators. The project states its altruistic goal of providing an unconditional basic income in the future.

Until now, the World ID Worldcoin protocol simply operated as a decentralized application based on Ethereum smart contracts.

The WLD rate has been correcting for the fifth week in a row, but the downward trend line since March 10 has not yet been broken. The price found support at the EMA 200 level on the daily chart and at $4,712 on volume and mirror levels.

#wld