The Worldcoin App achieves 10 million users in under 12 months

Crypto News– In less than 12 months since its launch, the World App, the premier native Worldcoin (WLD) wallet, has surged to a remarkable milestone of 10 million users. Being the pioneering wallet compatible with World ID, the World App plays a pivotal role in offering accessible, self-custodial wallet services on a global scale.

The Worldcoin App achieves 10 million users in under 12 months

Introduced by the team in May 2023, the World App swiftly gained traction, boasting 4 million downloads by November of the same year. Presently, the app caters to users spanning over 160 countries, with a daily engagement of 2 million users, facilitating a staggering 70 million transactions.

This unprecedented growth firmly establishes the app among the elite self-custodial wallets worldwide, exemplifying its prowess with an average throughput of 7.1 transactions per second.

Reaching this milestone demonstrates the potential of making the fundamental technologies of Ethereum accessible and user-friendly. The World App represents our dedication to simplicity and functionality in the crypto domain.

Tiago Sada, Head of Product at TFH

Worldcoin’s App hits the 10 million user mark in just under 12 months

The World App strives to streamline cryptocurrency interactions by prioritizing the fundamental features of both Worldcoin and Ethereum. It empowers users to verify their identity through World ID, conduct global transactions without fees, participate in crypto token exchanges, and tap into Worldcoin Grants across numerous domains.

Designed to cater to a diverse user base, the app is compatible with most mobile devices, facilitates gasless transactions, and provides round-the-clock support in over 10 languages.

Remco Bloemen, the head of blockchain at the Worldcoin Foundation, lauded the success of the World App as a gateway for broader adoption and innovation within the Worldcoin ecosystem. He expressed anticipation for the emergence of additional wallets catering to various user preferences, in line with the Worldcoin community’s aspiration for increased decentralization and accessibility.

One notable example showcasing the app’s impact comes from Kenya, where a World App user utilized Worldcoin to purchase a goat. This story garnered significant attention and support from the cryptocurrency community, resulting in donations that enabled the user to acquire additional livestock.