Worldcoin has introduced World App 3.0, touted as a super app for humans. The firm announced this at an exclusive Worldcoin event hosted by co-founders Sam Altman and Alex Blania in San Francisco. Alongside this new iteration is the introduction of Mini Apps. These mini-apps fuse a user’s World ID, Contact, and Wallet in one place.
World App Presents Humans With Mini Apps
It is worth noting that the new platform’s design allows it to scale with the evolving World Network platform. Users can already access World App 3.0 on the Google Play and App Store.
This platform allows humans to easily access applications specifically designed for them with a single click. Users can also maintain anonymity while interacting with the apps. It resembles the popular Google Play Store, where users can find almost any app.
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Apart from the mini apps, users can top up their phones using their Worldcoin. There is also an option to create polls that generate answers from actual humans, not bots. The other features of the World App 3.0 are enhanced wallet features like Vault and World Pay. The Vault feature helps users lock up funds for future use while earning.
The World App 3.0 supports World ID Credentials, offering users greater utility and security.
Worldcoin Introduces World ID 3.0 Amidst Rebranding
In addition to introducing this new app, Worldcoin also launched World ID 3.0, which has features like World ID Credentials.
This helps users store and use information from their NFC-enabled passports on their devices. Consequently, World ID holders can verify their age, nationality, or passport ownership without compromising their full identity.
Holders can also explore using World ID Deep Face, a new tool designed to combat online fraud and enhance security in digital interactions.
Meanwhile, the company has rebranded, leading to a name change. The Sam Altman-led project will now be called World while maintaining its long-term goal of creating an identity-verification system that lets people “prove their humanity” anonymously online.
Also, it unveiled a faster, simpler “Orb” to scan the irises of billions of people.
“We need more orbs, lots more orbs, probably on the order of 1,000 more orbs than we have today,” said chief designer Rich Heley. “Not only more orbs but more orbs in more places.”
WLD Price Exhibits Unusual Volatility
Amidst all these updates, WLD, the project’s native token, has seen some negative sentiments from users. In the last 24 hours, the WLD price has fallen by 6.69%, and the coin is trading at $2.29. Its market cap is $1.24 billion.
While the price remains down, it could soon serve as a floor for a potential rebound. Notably, Worldcoin might complete its first October with a positive close.
When Worldcoin entered a strategic partnership with Dune Analytics to bring on-chain data and insights access to World Chain, WLD rallied by about 15%. Its key metrics display bullish signals, as does its weekly price gain of 26.79%. A significant price rebound may just be around the corner when the community fully price in the new developments.
