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In a recent groundbreaking development in the cryptocurrency world, Sam Altman, the founder of Worldcoin, made a major announcement during a keynote address. Worldcoin is now rebranded as World Network, with a new focus on growing its user base to an impressive 1 billion people. This shift marks a significant turning point for the project, with plans to drive global adoption of its decentralized identity platform.
One of the key updates unveiled during the announcement is the launch of World Chain, an Ethereum-based Layer 2 blockchain. This move is expected to enhance scalability and decentralization, positioning World Network as a major player in the digital identity space.
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The rebranding of World Network represents a strategic shift towards a more scalable and decentralized network, setting the stage for accelerated growth and global impact. As the project continues to evolve, it is attracting increased attention and investment, with the WLD price experiencing a remarkable 22% breakout following the announcement.
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