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Cryptocurrency News Articles

Worldcoin’s World ID Is Coming to the Solana Ecosystem

Jun 27, 2024 at 07:00 pm

Worldcoin’s World ID is set to expand to the Solana ecosystem, after Wormhole Labs received approximately $70,000 in funding from the Worldcoin Foundation.

Worldcoin’s World ID Is Coming to the Solana Ecosystem

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Worldcoin’s World ID is set to expand to the Solana ecosystem, following Wormhole Labs receiving approximately $70,000 in funding from the Worldcoin Foundation.

Sam Altman’s Worldcoin was all the rage last summer, with the project’s co-founder claiming that people were signing up every eight seconds on average. In a bid to propel the project back into the public consciousness, the Worldcoin Foundation launched a grants program, allocating over 830,000 WLD tokens to fund projects.

One such project is cross-chain protocol Wormhole, which is set to bring Worldcoin’s World ID to the Solana blockchain.

?️ @Worldcoin World ID is coming to @Solana. Powered by @Wormhole. ? pic.twitter.com/LFqg1y5JrJ

— Wormhole (@wormhole) June 27, 2024

Wormhole facilitates the transfer of data and assets across over 30 blockchains, including Solana, Ethereum, and Binance Smart Chain. This latest move will see Worldcoin’s World ID—which was originally built on Ethereum and layer-2 scaling network Optimism—arrive on Solana.

World ID is the technology at the heart of the Worldcoin project. By scanning your eye using one of Worldcoin’s Orbs, you are provided with an IrisCode, which is then used to generate a World ID. This process serves to attest to your “personhood” and is a response to the rapid advancements in artificial intelligence (AI).

Once you have proven yourself to be a real person, you can proceed to use the World App. This allows users to disclose information about themselves while maintaining privacy through the platform’s ID system. In addition to this, the World App also functions as a crypto wallet, enabling users to store Bitcoin, Ethereum, and USDC.

The company has claimed that over 2 million people signed up for the project, which attracted regulatory scrutiny from several nations. France and Germany, for instance, coordinated an investigation into the legality of the project, while Kenya banned it altogether.

Wormhole is now aiming to enable Solana-based protocols to verify users’ World IDs that were originally verified on Ethereum. This will involve a new Solana smart contract that utilizes Wormhole Queries, a cross-chain data retrieval service, to achieve this goal.

The announcement comes on the same day that the first attempt at launching a spot Solana ETF in the U.S. was made. VanEck filed for a Solana ETF in the U.s on Thursday, which quickly saw the token’s price increase by 6.6% within the hour.

Daily Debrief

Original source:decrypt

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Other articles published on Oct 13, 2026