HomeAltcoin NewsWorldcoin Partners with Dune Analytics for World Chain

Worldcoin Partners with Dune Analytics for World Chain

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  • Worldcoin collaborates with Dune to improve data transparency on the World Chain.
  • World Chain offers higher scalability, handling double the OP Mainnet’s workload.

On Friday, Worldcoin announced a new partnership with Dune Analytics to improve data accessibility and transparency on its Layer-2 blockchain, World Chain. This partnership will allow developers and users to track crucial on-chain metrics like human contact and DeFi protocol performance. They will also be able to monitor DEXs and other essential data points.

Worldcoin announced that its collaboration with Dune will enhance the World Chain community’s resources and data analytics capabilities. Dune, recognized for delivering accurate blockchain data and insights, will play a key role in this partnership. It will provide users with detailed information on blockchain activity. This access will allow the community to more thoroughly explore on-chain behavior.

Enhanced Scalability with World Chain

Ethereum secures World Chain, which is part of the Superchain network built on the OP Stack. Worldcoin transitioned to its own Layer-2 chain early this year to solve scalability concerns.The team claims that World Chain can handle twice the workload of the OP Mainnet. This will significantly boost the chain’s efficiency and performance.

Worldcoin also stated that over 10 million World App users, who are now using the OP Mainnet, would be able to move to the World Chain once the mainnet is fully operational. The team is likely to launch the World Chain mainnet soon, after initially scheduling it for the summer.

Worldcoin is a project led by Tools for Humanity and launched by OpenAI CEO Sam Altman. It aims to validate people’s humanity while safeguarding their privacy in a digital age shaped by artificial intelligence. The project uses eye scans to verify users’ identities. So far, it has issued around seven million World IDs to verified users.

Remco Bloemen, Head of Blockchain at the Worldcoin Foundation, expressed excitement about the collaboration, saying, With Dune’s powerful analytics tools, we can provide users and developers with accessible on-chain data, empowering them to make informed decisions and drive innovation on the World Chain.

Fredrik Haga, CEO and co-founder of Dune stated that the cooperation would give critical tools for developers and analysts to evaluate World Chain’s performance as the network grows.

Currently, there are approximately 6.9 million orb-verified World ID holders, over 10 million World App downloads, and 150 million transactions worldwide. At the time of writing, WLD was trading at $2.00, up 13.02%. 

This collaboration with Dune Insights is expected to strengthen Worldcoin’s commitment to transparency and user privacy, while also offering more comprehensive insights for its community.

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