Worldcoin has announced its rebranding to 'World' and introduced the new World Chain blockchain aimed at significantly increasing its user base.

Rebranding and World Chain Launch

On October 17, co-founders Sam Altman and Alex Blania announced the World Chain blockchain, built on Ethereum Layer 2 technology. This launch is part of a broader strategy for global adoption of decentralized tools, potentially impacting the WLD token price.

Orb Devices and Global Expansion

The project unveiled a new series of Orb biometric devices for identity verification. It is expected that by 2025, these devices will triple in production and be distributed worldwide, expanding the technology's accessibility.

Features of the New World App 3.0

World App 3.0 offers users decentralized payments, messaging, and games. These innovations are aimed at increasing user engagement and platform adoption.

The rebranding of Worldcoin to World and the launch of World Chain highlight the company's serious intentions to expand its global market presence and reach 1 billion users.