Worldcoin is a global identity network and rewards users with $WLD tokens. More
Fully Diluted Valuation | $9.34B |
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24H Trading Volume | $107.96M |
24H Low / High | $0.92 / $ 0.96 |
Circulating Supply | 1.91 B |
Total Supply | 10.00 B |
Max Supply | 10.00 B |
Categories | Coinbase Ventures Portfolio 10 more |
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Founder | Sam Altman 1 more |
Website | worldcoin.org |
Socials | 2 more |
Chains |
Ethereum Ecosystem
2 more
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Explorer | Worldscan 6 more |
Contracts |
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Name | Pair | OG Score |
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Worldcoin: Revolutionizing Digital Identity and Financial Inclusion
Worldcoin, co-founded by Sam Altman and Alex Blania, aims to build the world's largest identity and financial network, providing ownership and empowerment to everyone. At the heart of this project is World ID, a privacy-preserving global identity network that allows users to verify their humanness online while protecting their privacy through zero-knowledge proofs.
The World ID: A Privacy-Preserving Global Identity Network
To participate in the Worldcoin ecosystem, individuals must first download the World App, the first wallet app supporting the creation of a World ID. They then visit an Orb, a physical imaging device operated by independent local businesses called Orb Operators, to get their World ID Orb-verified. This verification process utilizes multispectral sensors to verify humanness and uniqueness, with all images promptly deleted per default, ensuring privacy.
The World App and Orb Operators: Enabling Participation in the Worldcoin Ecosystem
World ID holders are entitled to claim recurring grants of free WLD tokens, the project's utility token with governance properties. Beyond conventional governance mechanisms, World ID opens the door to novel "one-person-one-vote" governance mechanisms, enabling new forms of community-driven decision-making. The WLD token can also be used for various purposes within the World App and other wallet apps, as decided by the community.
WLD Token: Empowering Users and Driving Governance
Worldcoin's approach to digital identity and financial inclusion sets it apart from other crypto projects. By giving the majority of WLD tokens to individuals simply for being human, Worldcoin aims to achieve truly global adoption at a billion-people scale. This approach ensures fair distribution and opens up possibilities for global democratic processes and novel forms of governance.
Global Adoption at Scale: Worldcoin's Vision for Fair Distribution
The project has already attracted over two million users from more than 30 countries across five continents during its pre-launch phase. With the rollout of 1,500 Orbs across 35+ cities in 20+ countries, Worldcoin is poised to meet the global demand for World ID.
Global Reach and Growth: Worldcoin's Progress and Impact
In summary, Worldcoin's innovative use of blockchain technology and its focus on privacy and inclusivity make it a pioneering project in the digital identity and financial inclusion space. As the project continues to evolve, it has the potential to reshape how we think about identity, governance, and financial access on a global scale.
Worldcoin's uniqueness lies in its creation of World ID, a privacy-focused global identity network that rewards users with WLD tokens for participating, aiming to achieve fair distribution and global adoption.
Worldcoin was co-founded by Sam Altman and Alex Blania, who envisioned a platform that empowers individuals through digital identity and financial inclusion.
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