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Worldcoin
WorldcoinWLD

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WLD

WLD

Worldcoin

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WLD

WLD

Worldcoin

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    N/A Worldcoin

What is Worldcoin (WLD)?

Worldcoin (WLD) is an ERC-20 token on Ethereum that operates on the Optimism network. It is the native token of the Worldcoin protocol, a project designed to build the world’s largest identity and financial network as an inclusive public utility. The ecosystem is built around World ID, a privacy-preserving global identity network that enables individuals to prove their humanness and uniqueness online using zero-knowledge proofs after verification through a specialized imaging device known as the Orb.

Unlike many crypto projects, Worldcoin focuses on giving the majority of its WLD token supply directly to individuals simply for being real, unique humans. Key differentiators include:

  • Proof of Personhood: Verification via physical Orb imaging devices that use multispectral sensors and zero-knowledge proofs to ensure privacy while preventing bot and Sybil attacks.
  • Democratic Governance: Combines traditional token voting with "one-person-one-vote" and novel mechanisms like quadratic voting made possible by World ID.
  • AI-Era Infrastructure: Built to establish foundational identity and financial public utilities in an AI-driven future, including enabling paths toward AI-funded universal basic income (UBI).

The WLD token serves as a utility token with governance features across the Worldcoin ecosystem:

  • Governance: Empowers users to participate in protocol governance and vote on future proposals and developments.
  • Recurring User Grants: Claimable as free recurring grants by individuals who verify their humanness with an Orb-verified World ID.
  • Network & App Payments: Used within World App or integrated wallet apps to pay for specific actions or facilitate general transactions.
  • Signaling: Enables community members to signal approval for specific initiatives or causes.

Worldcoin was founded by Sam Altman, Alex Blania, and Max Novendstern, with initial research and development conducted by Tools for Humanity (TFH) and partner organizations.

The project was created with the mission to build the world’s largest identity and financial network as a public utility, giving ownership to everyone. It aims to provide foundational infrastructure for an economy increasingly shaped by AI by offering World ID—a privacy-preserving identity network that allows individuals to verify their humanness online ("Proof of Personhood") using zero-knowledge proofs.

The Worldcoin (WLD) token is designed as a utility token with governance properties and can be used in several ways:

  • Protocol Governance: WLD token holders can participate in governing the Worldcoin protocol, taking part in decision-making alongside World ID.
  • In-App Actions: Users can use WLD to pay for specific actions within World App or other compatible wallet applications.
  • Payments: The token can be utilized to make general payments across platforms that integrate the protocol.
  • Signaling Approval: Users can use their tokens to signal support or approval for specific initiatives and causes.

Worldcoin can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

Worldcoin aims to build the world's largest privacy-preserving identity and financial network as a public utility, providing foundational infrastructure for an era where artificial intelligence plays an increasingly significant role.

Through World ID and proof of personhood using zero-knowledge proofs, Worldcoin (WLD) addresses several critical digital challenges:

  • Distinguishing Humans from Bots: Protects social networks and platforms from bots and Sybil attacks while maintaining user privacy.
  • Fair Distribution: Enables fair token/NFT sales, airdrops, and the equitable allocation of limited governmental resources.
  • Democratic Governance: Facilitates global democratic processes and innovative voting systems, such as quadratic voting.
  • Universal Basic Income: Potentially supports a future pathway to AI-funded Universal Basic Income (UBI).

Worldcoin (WLD) was created as an ERC-20 token deployed on Ethereum Mainnet and bridged to the Optimism Layer 2 network.

The initial total supply of 10 billion WLD is fixed for 15 years post-launch and enforced by the smart contract. After 15 years, the protocol's governance has the option to introduce an annual inflation rate of up to 1.5% to mint new tokens if required for long-term protocol sustainability.

The governance model of Worldcoin is designed to empower users by giving them a say over the future of the protocol through the WLD token and World ID:

  • Hybrid Voting Frameworks: Beyond traditional "one-token-one-vote" mechanisms, the integration of World ID enables "one-person-one-vote" systems, quadratic voting, or combined governance models to support global democratic processes.
  • Community & Foundation Collaboration: The Worldcoin Foundation solicits proposals and collaborates directly with the community to establish how the WLD token and World ID interact in protocol decision-making.
  • Protocol Sustainability: Long-term protocol decisions are governed by the community, including the potential decision after 15 years to introduce an inflation rate of up to 1.5% per year and determining the allocation of any newly minted tokens.

The long-term vision and goals of Worldcoin focus on creating the world’s largest identity and financial network as a public utility, giving ownership to everyone at a billion-people scale:

  • AI Era Infrastructure: Building foundational, privacy-preserving infrastructure for a world where AI plays an increasingly prominent role, enabling individuals to prove their humanness and uniqueness online via World ID without compromising privacy.
  • Broad Token Distribution: Aiming to make WLD the most widely distributed digital currency by allocating the majority of tokens directly to individuals simply for being human through Orb-verified recurring grants.
  • Democratic Systems & AI-Funded UBI: Enabling bot protection, fair token and resource distribution, novel democratic governance models, and eventually establishing a viable path toward AI-funded Universal Basic Income (UBI).

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