Thu, November 14

Worldcoin Announces Collaboration with Dune Analytics for World Chain

Worldcoin Announces Collaboration with Dune Analytics for World Chain Market News
  • Dune would allow them to provide more resources and data to World Chain users. 
  • Moreover, developers and consumers may examine important on-chain metrics.

On Friday, Worldcoin announced a partnership with Dune Analytics to improve data accessibility and transparency on its Layer-2 blockchain, World Chain.

Worldcoin said that the agreement will allow developers and consumers to examine important on-chain metric. Including the amount of human interaction with the chain, the efficiency of DeFi protocols or DEXs built on World Chain, and other pertinent data points.

Offering In-depth Analytics and Insights

In a statement, Worldcoin said that the relationship with Dune would allow them to provide more resources and data to World Chain users. According to the project’s announcement, Dune will make on-chain data available to the Worldcoin community. By offering in-depth analytics and insights.

Moreover, within the Superchain network of Layer 2 chains developed using the OP Stack, Ethereum secures World Chain, which was announced in April. One of the main reasons Worldcoin decided to move to its own chain was scalability. According to the project, World Chain can handle twice as much work as OP Mainnet.

According to the project, more than 10 million World App users of Worldcoin will be able to migrate from their current base on OP Mainnet once the World Chain mainnet is operational. The original plan was to deploy the mainnet this summer.

The Worldcoin initiative, spearheaded by Tools for Humanity, the organization run by OpenAI CEO Sam Altman, aims to ensure people’s “humanness” or “personhood” while “preserving their privacy” in an increasingly AI-powered digital era. Nearly seven million World IDs have been distributed by Worldcoin to people. Who have verified their humanity via the scanning of their eyes.

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