Worldcoin prepares for World Chain Mainnet launch through developer preview

• 
  Worldcoin
  launched
  a
  developer
  preview
  for
  World
  Chain
  ahead
  of
  its
  Mainnet
  launch.
• 
  World
  Chain
  will
  become
  a
  new
  hub
  for
  all
  World
  ID
  integration
  and
  unify
  the
  Worldcoin
  community.
• 
  WLD
  is
  up
  more
  than
  4%
  amid
  upcoming
  large
  token
  unlocks.

Worldcoin
(WLD) launched
a
developer
preview
for
World
Chain
on
Tuesday
as
it
prepares
its
community
for
Mainnet
launch
later
in
the
year.
The
preview
will
allow
developers
to
reach
its
ten
million
users
scattered
across
the
globe.

WLD
price
is
up
as
World
Chain
launch
draws
closer

Worldcoin
Foundation
announced
the
launch
of
its
Layer
2
World
Chain
developer
preview
in
anticipation
of
its
Mainnet
launch.
According
to
a
Worldcoin
blog
post,
World
Chain
will
help
cater
to
the
infrastructure
needs
of
Worldcoin
and
Worldapp
users
by
boosting
transaction
speed
and
improving
ID
verification.

The
preview
aims
to
allow
developers
to
test
run
World
Chain’s
operations
and
provide
feedback
on
its
architecture.
Additionally,
it
ensures
that
builders
will
be
well-positioned
before
the
anticipated
transition
of
over
10
million
users
from
the
OP
Mainnet
to
World
Chain
later
this
summer.
Currently,
the
preview
is
only
available
to
a
select
number
of
developers
who
meet
certain
criteria.

Worldcoin
Foundation
claims
that
World
Chain
will
function
as
the
hub
for
Worldcoin’s
network
and
will
operate
freely,
without
authorization,
and
as
an
open-source
platform
under
the
direction
of
the
people
it
represents.

World
Chain
will
function
as
part
of
Optimism’s
Superchain
ecosystem,
consisting
of
L2
networks
using
the
OP
stack.
Since
its
launch
in
2023,
Worldcoin’s
user
transactions
have
garnered
over
50%
of
OP’s
Mainnet
activity,
making
it
one
of
the
largest
L2
apps.

Meanwhile,
the
WLD
token
is
up
more
than
4%
following
the
launch,
reducing
its
weekly
losses
to
18%.
While
investors
expect
that
WLD’s
price
will
rally
in
anticipation
of
the
World
Chain’s
launch,
it’s
important
to
watch
out
for
the
daily
unlocks
from
its
treasury.

According
to
CryptoNation,
Worldcoin
will
see
about
6.62
million
WLD
unlocks
per
day
in
the
coming
weeks.
With
such
a
huge
supply
injected
into
circulation,
combined
with
the
wider
market
bearish
sentiment,
WLD
may
be
set
for
potential
drawdowns.