Worldcoin’s World (WLD) App hits 10 million users, boosting global crypto engagement

The Worldcoin World App’s native wallet has amassed a user base of 10 million since its inception in May 2023. The application provides fundamental self-custodial services and is universally compatible with World ID.

As of November 2023, the app has been downloaded 4 million times and is currently used by people in more than 160 countries.

Additionally, it handles over 70 million transactions. The application functions as a highly secure wallet that allows users to directly manage their own funds.

It can handle an average of 7.1 transactions per second. The primary goal of the World App is to prioritize simplicity and efficiency.

It achieves this by enabling identity verification using World ID, facilitating fee-free transactions on a global scale, and providing seamless crypto swaps and access to Worldcoin Grants.

This platform accommodates a wide spectrum of users, is compatible with the majority of mobile devices, facilitates transactions without the need for gas, and delivers customer service in more than ten languages.

Remco Bloemen, the leader of blockchain technology at the Worldcoin Foundation, commended the app’s impact on wider acceptance and advancement, expressing enthusiasm for creating other wallets to meet diverse user requirements and striving for increased decentralization and accessibility.

Worldcoin, with its user base of over 10 million, continues to showcase the substantial potential of cryptocurrency in bolstering worldwide economic participation.