{"id":341580,"date":"2024-07-11T00:06:05","date_gmt":"2024-07-10T18:36:05","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=341580"},"modified":"2024-07-11T00:06:05","modified_gmt":"2024-07-10T18:36:05","slug":"worldcoin-extends-deadline-to-redeem-wld-grant-reservation-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/worldcoin-extends-deadline-to-redeem-wld-grant-reservation-crypto-news\/","title":{"rendered":"Worldcoin Extends Deadline To Redeem WLD Grant Reservation – Crypto News"},"content":{"rendered":"

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Worldcoin, co-founded by Sam Altman, has made headlines with its decision to extend the deadline for redeeming WLD Grant Reservations. Notably, this announcement has also provided a boost to the project\u2019s native crypto, WLD price, which surpassed the $2 mark today.<\/p>\n

So, let\u2019s take a look at the recent announcement and see the deadline timeline set by Sam Altman\u2019s firm.<\/p>\n

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Worldcoin Announces Extension Of WLD Grant Reservations<\/h2>\n

In a recent announcement, the Worldcoin Foundation<\/a> revealed that it is extending the redemption deadline for WLD grant reservations by one year. Initially introduced to allow individuals without a verified World ID to reserve WLD tokens, this extension now allows reservations made between July 24, 2023, and July 31, 2024, to be valid until July 31, 2025.<\/p>\n

Meanwhile, new reservations can be made until July 31, 2024. According to the announcement, this move aligns with their mission to democratize access to the global economy, ensuring widespread participation in their project. Notably, this extension aims to accommodate more participants in the project\u2019s ecosystem, enabling them to benefit from the project\u2019s initiatives without time constraints.<\/p>\n

Meanwhile, the announcement coincides with the Worldcoin Foundation\u2019s<\/a> introduction of a developer preview of its upcoming Layer 2 (L2) network. This preview allows a select group of developers to explore and test the capabilities of the World Chain network before its official mainnet launch, expected this summer.<\/p>\n

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For context, the initiative seeks to gather feedback and optimize the network\u2019s performance ahead of broader deployment.<\/p>\n

Price Rallies Amid Major Developments<\/h2>\n

Apart from the developer preview launch, Sam Altman\u2019s firm recently partnered with Alchemy<\/a>, a move designed to leverage Alchemy\u2019s robust infrastructure and developer tools. This partnership is crucial for accelerating the development of World Chain, particularly in enhancing digital identity and blockchain technology solutions.<\/p>\n

Meanwhile, Worldcoin\u2019s strategic moves underscore its commitment to advancing blockchain innovation while expanding its user base and developer ecosystem. The extended deadline for WLD grant reservations aims to foster inclusivity and broaden participation, positioning Sam Altman\u2019s<\/a> firm for continued growth and impact in the evolving digital economy.<\/p>\n

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As Worldcoin navigates these developments, stakeholders in the crypto community will be watching closely to see how these initiatives unfold and contribute to the broader adoption of blockchain technology and digital assets. Besides, the extension of the WLD grant reservation deadline and the rollout of the L2 network preview mark significant milestones in its journey toward creating a more accessible and scalable blockchain ecosystem.<\/p>\n

As of writing, WLD price<\/a> jumped 6% and exchanged hands at $1.96, after touching a high of $2.05 in the last one hour. Its trading volume also noted a surge of 13% to $193.27 million from yesterday. Furthermore, CoinGlass data showed that the crypto\u2019s Open Interest saw a spike of 18%, indicating an increasing focus of the investors towards the crypto.<\/p>\n

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Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam’s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam’s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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Worldcoin, co-founded by Sam Altman, has made headlines with its decision to extend the deadline for redeeming WLD Grant Reservations. Notably, this announcement has also provided a boost to the project\u2019s native crypto, WLD price, which surpassed the $2 mark today. So, let\u2019s take a look at the recent announcement and see the deadline timeline […]<\/p>\n","protected":false},"author":2,"featured_media":270351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-341580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/341580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=341580"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/341580\/revisions"}],"predecessor-version":[{"id":341586,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/341580\/revisions\/341586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/270351"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=341580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=341580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=341580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}