Worldcoin Accelerates World Chain Mainnet Launch with Developer Preview

Bittime – Worldcoin, a crypto project focused on digital identity, is preparing for the launch of World Chain Mainnet. As a first step, Worldcoin officially announced the presence of a developer preview, which is aimed at developers.

World Chain: World ID Integration Center and Cohesive Worldcoin Community

World Chain will later become the new hub for all World ID integration. This is expected to unite the Worldcoin community and create a more solid ecosystem. The launch of the developer preview marks a strategic first step. With the developer preview, developers can start interacting with the World Chain network and understand its functionality. It is hoped that they can build various innovative decentralized applications (DApps) in the future.

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Developer Preview: User Migration Testing and Preparation

Developer preview has two main functions. First, developers can test World Chain functionality and provide feedback on the network architecture. In this way, Worldcoin can identify and fix potential issues before Mainnet launch. Second, the developer preview plays an important role in preparing Worldcoin user migration. It is estimated that more than 10 million users currently on OP Mainnet will move to World Chain next summer. Developer preview access is currently limited to certain developers who meet Worldcoin's criteria.

World Chain: An Open and Communal Layer 2 Blockchain Network

The Worldcoin Foundation explained that World Chain will be the center of the Worldcoin network. Interestingly, World Chain will operate as an open-source platform, free from centralized authority, and controlled by its user community. This decentralized governance model is expected to create a transparent and accountable network.

World Chain: Part of the Optimism Superchain Ecosystem

World Chain will be integrated with Optimism's Superchain ecosystem. Superchain consists of a Layer 2 blockchain network that uses the OP Stack. Since its launch in 2023, Worldcoin user transactions have contributed to more than 50% of activity on OP Mainnet. This makes Worldcoin one of the largest Layer 2 applications today. By joining Superchain, World Chain can take advantage of the advantages of Optimism technology, such as high scalability and low transaction fees.

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WLD Prices Rise, Beware of Potential Correction

The launch of the developer preview was welcomed positively by the market. The price of the WLD (Worldcoin) token increased by more than 4%. However, investors need to remain vigilant. According to CryptoNation, in the coming weeks, approximately 6.62 million WLD tokens will be unlocked from the Worldcoin treasury every day. With this significant additional token supply, combined with bearish crypto market sentiment, the price of WLD has the potential to decline.

Conclusion

The launch of the World Chain developer preview is a strategic first step for Worldcoin. The presence of World Chain is expected to accommodate the infrastructure needs of Worldcoin and Worldapp, as well as increase transaction speed and identity verification. However, investors need to pay attention to other factors that can influence the price of WLD, such as the daily unlock of WLD tokens.

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