What is Worldcoin (WLD)?

Worldcoin is a global initiative aiming to create a privacy-preserving digital identity system, World ID, and a digital currency, Worldcoin Token (WLD). Verified via a biometric device, the Orb, World ID distinguishes humans from AI online while preserving privacy. WLD aligns user incentives towards network growth. The World App facilitates the verification process and manages World ID credentials. Worldcoin’s potential applications include instant financial transactions, bot-free digital communication, global democratic processes, equitable resource distribution, and a possible pathway to AI-funded Universal Basic Income, promising to significantly increase global equality of opportunity. WLD is a native token on the Worldcoin platform that lives on the Ethereum Blockchain. A unique roadmap and community support make WLD Token a promising project in the long term.

Worldcoin was founded by Sam Altman, Alex Blania, and Max Novendstern (Max Novendstern left the project in July 2021). The most well-known of the co-founders, Sam Altman, is also the co-founder and current CEO of OpenAI and former president of Y Combinator, a startup incubator. Initial research and development for the Worldcoin project was conducted by Tools for Humanity (TFH) and other partners.

Worldcoin has raised over 250M USD across several funding rounds from investors such as a16z, Khosla Ventures, Bain Capital Crypto, Blockchain Capital, and Tiger Global, among others.

Resource

White paper

Official website

Worldcoin (WLD) blockchain explorer

What Makes Worldcoin Unique?

Worldcoin aims to build the world’s largest identity and financial network, achieving truly global adoption at a billion-people scale. In contrast to most other crypto projects, the majority of the WLD tokens will be given to individuals - simply for being human.

Using World ID, individuals will be able to prove that they are a real, unique human to any platform that integrates with the protocol, including to web3 systems, social networking sites, and governmental programs. This will enable fair airdrops or token/NFT sales, provide protection against bots/sybil attacks on social media, and enable the fairer distribution of limited governmental resources. Furthermore, World ID can also enable global democratic processes and novel forms of governance (e.g., via quadratic voting), and it may eventually support a path to AI-funded UBI.

Over two million people from more than 30 different countries across five continents have verified at an Orb during the pre-launch phase, which lasted from May 2021 untill July 2023. At launch, Worldcoin begins the rollout of 1,500 Orbs across 35+ cities in 20+ countries to meet the global demand for World ID.

How to buy Worldcoin (WLD) on XT.COM?

Worldcoin (WLD) can be purchased directly from XT.COM by using a debit or credit card. Worldcoin (WLD) can also be traded for other cryptocurrencies on the XT.COM Crypto Exchange. Live Worldcoin (WLD) price is updated in real-time on XT.COM. Buy Worldcoin (WLD) on XT.COM in four simple steps:

1. Create your free XT.COM account
   Sign up or download the XT.COM appand start the sign-up process. Provide your email address, country of residence and secure your account with a strong password.
2. Secure Your Account
   Ensure stronger protection of your account by setting Google 2FA code and anti-phishing code.
3. Choose how you want to buy the Worldcoin (WLD) asset.
   Click on the “Buy Crypto” link on the top left of the XT.COM website navigation, which will show the available options in your country.
4. Buy Worldcoin (WLD)
   Use a variety of payment options to buy Worldcoin (WLD) on XT.COM.