The Daily Leo | Worldcoin is Building Layer-2 Chain

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Worldcoin is Building a Layer 2 Chain called 'World Chain'

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Worldcoin is one of the projects that has got more market hype after its launch. Its a project started by Sam Altman who is the founder of ChatGPT and I dont need to explain about this AI chatbot. This project is building its layer 2 chains on the ethereum network and like many projects, they are also trying to to grab layer 2 opportunity in the market.


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Binance is a leading international crypto exchange and they have been trying to have a global presence and also to get licenses in many countries. They have licenses in some countries already and now have the license to operate in Dubai. They can operate as a Virtual Asset Service Provider in Dubai after this license and its a great news for exchnage as well as the crypto community.


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Tether is a well-known company in the crypto space as its the company that manages the top stablecoin USDT. The company has now decided to reorganize and focus on data, finance, power and education. This restructuring has been announced as part of their expansion of services and they want to offer a range of infrastructure solutions.


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The global situation is not good as some countries are going through war and a few are in similar situations. Conflict is one of the reasons why some countries go to war and a faith-based approach can be the solution. Reading this blog can give you more insights into the global situation

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The global dynamics are not good these days and I am sure you would have seen how it's through the news channels. The war between Iran and Israel is going on and all this has started recently. The global economy is not doing good and some of the countries have already declared this so this war-like situation is not going to help it. Will Iran respond and target Israel, how and to what extent?


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The World Bank has shared a report on economic growth. The outcome of this report was not good as some of the countries are going through struggling economies. Things have not improved in some of the countries post-pandemic lockdown. While some countries have overcome this problem in a few years but still difficult for many. The most vulnerable countries are simply the poorest economies of the world

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4 comments
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Still not sure if World coin is the black swan or a source of hype.

Thanks for Daily Leo ✌️

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