Worldcoin Integrates Alchemy for World Chain Launch, Eyes European Market

• Worldcoin partners with Alchemy for advanced blockchain infrastructure.
• Targeted European market expansion with World ID orb verifications.

According to the latest announcement on the Worldcoin Blog, the company has introduced a new partnership with Alchemy to provide the infrastructure for World Chain. Earlier, CNF reported that Worldcoin’s (WLD) $3 surge was fueled by global expansion and positive verdicts.

New Focus on the European Market

Unlike previous regional strategies in Latin America, this new partnership focuses on the European market, aiming to enhance digital security and privacy. Collin Brown, a blockchain expert, shared his view that this partnership will boost the World Chain project with advanced blockchain infrastructure.

#Worldcoin (#WLD) partners with Alchemy to enhance the World Chain project with advanced blockchain infrastructure.

The collaboration features core node APIs, smart wallet abstractions, and data indexing. Worldcoin also begins its European expansion with World ID orb… pic.twitter.com/cXlvcNZN4M

— Collin Brown (@CollinBrownXRP) June 26, 2024

Core Features and Developer Support

The collaboration features core node APIs, smart wallet abstractions, and data indexing. Worldcoin also begins its European expansion with World ID orb verifications. Developers are expected to build on trusted, reliable infrastructure with more than six years of experience. Noam Hurwitz, Engineering Lead for Alchemy Rollups, said:

We’re excited to partner with Worldcoin to deliver essential infrastructure and foster developer growth for World Chain. With over six years of proven experience ensuring guaranteed uptime for major web2 and web3 enterprises, Alchemy is uniquely positioned to support the over 10M World App users at launch. Additionally, we’re proud to offer our entire Alchemy product platform to developers, seamlessly integrated into World Chain.

Current Market Status

According to the post, there are currently 5,864,806 orb-verified World ID holders and over 10 million World App downloads worldwide. At the time of writing, Worldcoin (WLD) trades at $2.73, reflecting a decrease of 5.76% in the past day and 3.11% in the past week. See WLD price chart below.

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Despite this, Worldcoin has gained strong support in Spain, with 90% of surveyed users backing its return, and WLD prices increasing by 3% as earlier reported by CNF. This new partnership aims to support Worldcoin’s market trading in Europe.