Worldcoin Unveils World App 3.0, Mini Apps, and World ID 3.0 Amidst Rebranding

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.

Worldcoin has introduced a new super app for humans called World App 3.0 at an exclusive event hosted by co-founders Sam Altman and Alex Blania in San Francisco. The event also saw the introduction of Mini Apps, which combine a user’s World ID, Contact, and Wallet in one place.

World App 3.0 is designed to scale with the evolving World Network platform and is now available for download on the Google Play and App Store. The platform provides humans with easy access to applications curated specifically for them, all available with a single click. Despite being designed for human use only, the platform maintains anonymity for users interacting with the apps.

The platform resembles a mini app store, akin to the popular Google Play Store, where users can find and download a wide range of applications. In addition to mini apps, users can now top up their phones using their Worldcoin, and an option to create polls that generate answers from actual humans, not bots, is also available.

Other features of the World App 3.0 include enhanced wallet features like Vault and World Pay. The Vault feature allows users to lock up funds for future use while still earning from them.

The World App 3.0 also supports World ID Credentials, offering greater utility and security for users.

Together with the new app, Worldcoin also introduced World ID 3.0, which includes features like World ID Credentials. This allows users to store and use information from their NFC-enabled passports on their devices.

As a result, World ID holders can now verify their age, nationality, or passport ownership without revealing their full identity. Additionally, holders can now opt to use World ID Deep Face, a new tool designed to combat online fraud and enhance security in digital interactions.

In other news, the company has undergone a rebranding effort, leading to a name change. The Sam Altman-led project will now be called World, maintaining its long-term goal of creating an identity-verification system that lets people “prove their humanity” anonymously online.

The company also 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.”

Amidst the updates, the project’s native token, WLD, has faced 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, with a market cap of $1.24 billion.

While the price is 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 the 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.

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