Crypto NewsAltcoinBinance-Listed Altcoin Announces Major New Collaboration

Binance-Listed Altcoin Announces Major New Collaboration

The Binance-listed altcoin has announced a major collaboration agreement with another company. Here are all the details.

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Worldcoin (WLD) today announced a partnership with Dune Analytics to increase transparency and data accessibility for its upcoming Layer-2 blockchain, World Chain.

The collaboration aims to provide users and developers with more tools and detailed information as the blockchain project prepares for its mainnet launch.

According to Worldcoin, the Dune partnership will provide the World Chain community with easy access to on-chain data through detailed analytics. “Dune will enable the Worldcoin community to access on-chain data by providing detailed analytics or insights,” the project said.

The partnership will also allow users and developers to explore key metrics such as the number of verified users interacting with the chain, the performance of decentralized finance (DeFi) protocols or decentralized exchanges (DEXs) built on World Chain, and other relevant blockchain statistics, according to the statement.

Announced in April, World Chain is part of a Superchain network of Layer-2 chains built using the OP Stack and secured by Ethereum. The decision to develop World Chain was driven by the need for scalability, and Worldcoin estimates that it will have approximately twice the transaction capacity of the OP Mainnet.

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Once the World Chain mainnet goes live, Worldcoin plans to migrate over 10 million users of the World App from the current OP Mainnet. The mainnet launch was initially planned for the summer but has since been postponed.

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

*This is not investment advice.

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