Worldcoin | Trading Non Stop

What is WLD?

Worldcoin (WLD) is a cryptocurrency and digital identity system that uses biometric technology to create a global way for people to prove who they are online. Its goal is to make financial services and decision-making more accessible to everyone, no matter where they live.

Biometric Identity: Uses special iris-scanning devices called "Orbs" to confirm that each user is a unique person, then issues a secure World ID that protects privacy.
Token Distribution: Gives WLD tokens to verified users to help promote financial inclusion worldwide.
Governance & Utility: WLD tokens are used for voting on decisions within the system and for transactions inside its network.

Deep Dive

1. Purpose & Value Proposition

Worldcoin aims to solve the challenge of proving “proof of personhood” online—basically, confirming that each user is a real, unique human without sharing personal details. By scanning your iris with an Orb device, Worldcoin creates a World ID, a secure digital credential that helps prevent fraud and supports fair voting systems where each person gets one vote. It also plans to distribute tokens as a form of universal basic income (UBI) in certain areas to help reduce financial inequality.

2. Technology & Architecture

Worldcoin uses advanced privacy tools called zero-knowledge proofs (ZKPs) alongside blockchain technology to keep your information safe:

World ID: Built on the Ethereum blockchain, your identity data is stored only on the Orb device during verification and deleted afterward to protect your privacy.
World Chain: A Layer 2 blockchain network designed specifically for transactions and governance that focus on people, not just money.
Token Standard: WLD is an ERC-20 token, mainly distributed on the Optimism network, which helps make transactions faster and cheaper.

3. Tokenomics & Governance

Supply: There will be a total of 10 billion WLD tokens over 15 years, with 75% given directly to users through grants.
Governance: Decision-making combines traditional token voting with World ID-based systems to balance influence between those who hold tokens and actual people.
Utility: WLD tokens are used to pay transaction fees on World Chain, make purchases within apps, and vote on updates to the protocol.

Conclusion

Worldcoin combines biometric identity verification with blockchain technology to build a global network for finance and governance that values privacy and inclusion. While its use of Orb devices is a fresh approach, important questions remain about whether it can grow ethically and keep its system decentralized as more people join.