World Network Unveils Groundbreaking Blockchain to Redefine Global Finance
The World Foundation has unveiled World Network, a blockchain designed with a novel focus: verified human users over bots. Already boasting 15 million human participants, World Network seeks to solve blockchain congestion and transaction fee problems by limiting automated system access and eliminating fees for its human users.
A New Era for Blockchain Accessibility
In a recent statement, World Foundation emphasized that World Network would offer a more secure and user-friendly blockchain experience. By prioritizing human verification, the network ensures that individuals—not bots—dominate the system’s bandwidth. Moreover, the absence of transaction fees for verified users stands to greatly reduce the financial and operational challenges common in blockchain technology today.
For developers, the network represents an opportunity to tap into a more engaged user base. World Foundation highlights the growing role of World Network in connecting developers with a global community of actual people, driving the next wave of blockchain-powered applications.
Collaborations Driving Growth
World Network is backed by notable blockchain giants such as Alchemy, Uniswap, and Etherscan, positioning it as a prominent player in the financial services sector. The network aims to enhance financial inclusion in emerging markets where stablecoins and cryptocurrencies are gaining traction. Through partnerships with global on-and-off ramps, World Network seeks to expand access to financial services for millions worldwide, although its long-term impact remains uncertain as these collaborations evolve.
A Turning Point for Worldcoin
Despite the excitement surrounding the chain’s debut, the native token Worldcoin (WLD) has seen volatility. Since launching on Ethereum, WLD has logged over 292,525 transfers, with 30,146 unique wallets holding the token. However, a staggering 95.54% of the supply remains concentrated among just 100 holders. As part of the chain’s introduction, Worldcoin has rebranded to simply “World” and launched its latest innovation, the eye-scanning World orb, as part of its ongoing development strategy.
With these ambitious plans in motion, World Network could redefine blockchain's future by shifting the focus toward verified human engagement, financial inclusion, and real-world utility. However, its ultimate success depends on the smooth integration of its partnerships and the stability of its token in a fast-evolving crypto landscape.