Worldcoin partners with Dune ahead of World Chain mainnet

10/11/2024 21:49
Worldcoin partners with Dune ahead of World Chain mainnet

Worldcoin has tapped web3 data analytics provider Dune as the platform to help enhance transparency and data accessibility for its new blockchain World Chain

Worldcoin partners with Dune ahead of World Chain mainnet

Worldcoin is teaming up with Dune in a collaboration that aims to enhance data accessibility for its blockchain network, World Chain.

The Worldcoin Foundation announced its partnership with the web3 data analytics platform on Oct. 11, detailing plans to leverage Dune to ensure global access.

Specifically, Dune will work with Worldcoin (WLD), project contributor Tools for Humanity, and the Worldcoin Foundation to ensure transparency for on-chain data accessibility on World Chain. The partnership comes ahead of the blockchain’s mainnet launch.

With this collaboration, World Chain users, including developers, will be able to explore on-chain metrics for real humans, decentralized finance protocols, exchanges, and any blockchain-based public project.

Worldcoin’s new blockchain

Worldcoin, a project founded by OpenAI co-founder Sam Altman, has faced some challenges since its launch in July 2023. Despite regulatory hurdles and controversies, including concerns over its token supply, the project has seen a significant increase in iris scanning and verification.

In 2024, Worldcoin launched its World ID verification product in European countries such as Poland and Austria, while expanding into Asia and South America. However, the company, which offers eligible users the native WLD token after scanning and verifying their identity, has faced setbacks in Hong Kong, Spain and Portugal among other jurisdictions.

The company announced the upcoming launch of World Chain in April, highlighting a blockchain built on OP Stack. The company partnered with web3 platform Alchemy to debut the new blockchain.

World Chain is also set to integrate with the World ID, World App and Worldcoin cryptocurrency. It will also tap into Ethereum (ETH) and Optimism (OP) as part of the Superchain.

Users who verify their identity on the chain to prove they are human will enjoy benefits such as priority block space and gas-free transactions.

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