Worldcoin Emerges as Largest Deployer of Safe Wallets on Polygon Blockchain, Onboards 1.2 Million Self-Custodial Safe Smart Accounts

blockchain.news:

Worldcoin, the cryptocurrency project led by Tools for Humanity, has achieved significant milestones in its mission to drive adoption and empower users within the blockchain space. As reported on their official Twitter account, World App has emerged as the largest deployer of Safe wallets on the Polygon(Matic) blockchain. This achievement highlights the platform's dedication to facilitating secure and self-custodial transactions.

Additionally, a tweet from Worldcoin states that they have successfully onboarded an impressive 1.2 million self-custodial Safe Smart Accounts, further solidifying their position as a key player in the blockchain industry. By providing users with a safe and reliable platform, Worldcoin aims to enhance accessibility and foster trust in decentralized finance.

In another tweet, Worldcoin invites followers to explore their blog post, which focuses on composability within the World App ecosystem. The blog sheds light on the protocols powering Worldcoin's first wallet and provides valuable insights into the platform's innovative approach to decentralized finance.

Furthermore, Tools for Humanity, the parent company of Worldcoin, recently announced a noteworthy achievement in fundraising. On May 25, 2023, the company successfully raised $115 million from investors. This influx of capital is expected to fuel the continued development and expansion of Worldcoin's offerings, allowing them to further solidify their presence within the cryptocurrency landscape.