Worldcoin Extends WLD Grant Redemption Deadline, Launches World Chain Developer Preview: Altcoin Price Rises Amid Significant Developments

Worldcoin, founded by Sam Altman, announced its decision to extend the deadline for redeeming WLD Grant Bookings. This important announcement

Worldcoin, a Layer 1 (L1) proof-of-personhood blockchain protocol, has announced a one-year extension to the WLD grant reservation period. This move is part of a broader strategy to expand participation in the altcoin project and coincides with the rollout of a developer preview of Worldcoin's upcoming L2 network.

Worldcoin announces an additional year to redeem WLD Grant Bookings

In a recent announcement, the Worldcoin Foundation highlighted the extension of the WLD grant reservation period by an additional year. This measure aims to enhance accessibility and participation in the altcoin project.

According to the announcement, all WLD grant reservations made between July 24, 2023 and July 31, 2024 will now remain valid until July 31, 2025. This extension applies retroactively to all reservations made within the specified time frame.

Additionally, new bookings for WLD grants will continue to be accepted until July 31, 2024. This initiative aligns with Worldcoin's mission to democratize access to the global economy and ensure broad participation in its projects.

Worldcoin's World Chain preview and Alchemy Pay partnership

This announcement coincides with the Worldcoin Foundation unveiling a developer preview of its upcoming L2 network. A select group of developers will be able to explore and test World Chain's capabilities before its main-net launch this summer.

This early access initiative aims to gather feedback and optimize the network's performance ahead of broader deployment. As reported earlier on Kriptokoin.com, Worldcoin recently joined forces with Alchemy Pay.

This collaboration leverages Alchemy's robust infrastructure and developer tools, aiming to accelerate World Chain's development, particularly in the realm of digital identity and Blockchain solutions.

Altcoin price surges amidst key developments

These strategic moves by Worldcoin underscore the company's commitment to advancing Blockchain innovation while expanding its user base and developer ecosystem. The extended WLD grant reservation period aims to foster inclusivity and participation, positioning Sam Altman's firm for continued growth and impact in the evolving digital economy.

As Worldcoin continues to navigate these developments, stakeholders in the crypto community will be keeping a close watch on how these initiatives contribute to the broader adoption of Blockchain technology and digital assets.

Moreover, the extension of the WLD grant booking period and the rollout of the L2 network preview mark important steps towards building a more accessible and scalable Blockchain ecosystem. At the time of writing, the altcoin was trading at $2.05, up over 10% on the day.

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