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Sam Altman-backed Worldcoin announces rebrand to World, aims for 1 billion users
Sam Altman-backed digital identity initiative, Worldcoin, has announced a major rebrand as World and revealed plans to grow its user base to 1 billion people. This announcement was made during a keynote address on Oct. 17 by co-founders Sam Altman and Alex Blania.
Key Updates
World Network has shifted its focus from identity verification to a more decentralized network with the launch of World Chain, an Ethereum-secured Layer 2 blockchain. The project has also introduced a new version of its biometric Orb devices.
Expanding User Base
With 15 million current users, including 7 million verified with Orb technology, World aims to onboard a billion verified human users. CEO Alex Blania stated that the project is now concentrating on scalability and decentralization, with plans to expand into new countries and triple the production capacity of Orbs.
World Chain and Digital Identity
World Chain is a Layer 2 blockchain built on Ethereum to support millions of users. The project claimed 15 million registrations globally on its first day, making it one of the largest human verification blockchains. The World App will be updated to Version 3.0, allowing users to manage their World ID credentials and access services like World Pay and World Chat.
World aims to be the “anonymous human layer for the internet,” distinguishing humans from AI actors. Sam Altman emphasized the need for a trusted human verification layer as AI becomes more integrated into our lives.
