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What is Worldcoin (WLD)?

The Worldcoin protocol aims to become the biggest identification and financial public network in the world, accessible to all people regardless of their location, upbringing, or level of wealth.

The History of Worldcoin

Worldcoin launched on July 24, 2023. The project is co-founded by Sam Altman, Alex Blania and Max Novendstern.

“In the age of AI, the need for proof of personhood is no longer a topic of serious debate; instead, the critical question is whether or not the proof of personhood solutions we have can be privacy-first, decentralized and maximally inclusive,” said Worldcoin co-founder and Tools for Humanity CEO Alex Blania. “Through its unique technology, Worldcoin aims to provide anyone in the world, regardless of background, geography or income, access to the growing digital and global economy in a privacy preserving and decentralized way.”

The Use Case of Worldcoin

World ID is a privacy-preserving digital identification created to assist in resolving significant identity-based problems, such as establishing an individual's distinct personhood. The Worldcoin token (WLD) is a useful token that also allows users to influence the Worldcoin protocol's development. WLD is the first token that will be freely issued to everyone in the world for the only reason that each person is an original. Using digital assets and conventional currencies, World App facilitates global payments, purchases, and transfers.