*Eligibility for Worldcoin (WLD) tokens is restricted based on geography, age, and other factors. WLD are not intended to be available to U.S. residents. For details, go to: www.worldcoin.org/tos. Crypto products can be highly risky. Important User Information can be found at www.worldcoin.org/risks.

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The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online ("Proof of Personhood") while maintaining their privacy through zero-knowledge proofs.

To engage with the Worldcoin protocol, individuals must first download World App, the first wallet app that supports the creation of a World ID. Individuals visit a physical imaging device called the Orb to get their World ID Orb-verified. Most Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody).

All Orb-verified World IDs holders are entitled to claim recurring grants of free WLD tokens (WLD tokens are not available in the US; see the Worldcoin Tokenomics section of the project's whitepaper for details). This has the potential to make WLD the most widely distributed digital currency.

The WLD token is designed as a utility token with governance properties, empowering users by giving them a say over the future of the protocol. Beyond conventional "one-token-one-vote" governance mechanisms, the introduction of World ID paves the way for "one-person-one-vote" mechanisms. These two mechanisms can also be combined to enable new ways of governance. After launch, the Worldcoin Foundation will solicit proposals and work with the community on how World ID and the WLD token should interact in Worldcoin's governance model (see the project's whitepaper for details on governance and decentralization).

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 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.

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.

The Worldcoin Foundation has formulated an aspirational token allocation goal, aiming to allocate at least 60% of all WLD tokens (coming from the Worldcoin Community pool) to individuals in the form of user grants. See the Worldcoin Tokenomics section of the project's whitepaper for details.

The live Worldcoin price today is $3.73 USD with a 24-hour trading volume of $202,146,510 USD. We update our WLD to USD price in real-time. Worldcoin is up 2.48% in the last 24 hours. The current CoinMarketCap ranking is #133, with a live market cap of $394,106,027 USD. It has a circulating supply of 105,748,216 WLD coins and a max. supply of 10,000,000,000 WLD coins.

If you would like to know where to buy Worldcoin at the current rate, the top cryptocurrency exchanges for trading in Worldcoin stock are currently Binance, UEEx, OKX, Bybit, and Bitrue. You can find others listed on our crypto exchanges page.

After signing up more than 2 million users in the beta testing stage, the company claims that 16 million users have registered with Worldcoin. It is currently rolling out scanning operations in dozens of cities in 20 countries worldwide.

Worldcoin has built its digital passport system using the cryptographic and blockchain tools that support the wider world of cryptocurrency. It also supports the WLD crypto token, plus a payments platform.

According to the Worldcoin white paper, a total of 10 billion WLD will be issued over the course of 15 years. Currently 143 million WLD are circulating as of the official launch. Of this amount, 43 million were allocated to verified World App users, and 100 million were sent to market makers to facilitate trading.

In April 2022, a report from MIT Technology Review cited those from the community who accused Worldcoin of "taking advantage of students" and "targeting lower-income communities", and came to the conclusion that "it's just cheaper and easier to run this kind of data collection operation in places where people have little money and few legal protections."[4]

In May 2023, TechCrunch reported that hackers had been able to steal login credentials of several of Worldcoin's operators' personal devices including their credentials to the Worldcoin operator app. However, Worldcoin's spokesperson said that no personal user data was compromised, as the operator app does not access user data.[10]

Further funding of $115 million was announced in May 2023, to be used for investment into bot detection, research and development, and expanding the Worldcoin project and application. While in beta, Worldcoin was reported to have onboarded approximately two million users.[11]

In August 2023, Kenya, one of the first countries where Worldcoin was launched, suspended its enrollment in the country, citing security, privacy and financial concerns.[15][16] Worldcoin was previously ordered to stop collecting personal data by the Kenyan Office of the Data Protection Commissioner, but did not comply.[17]

Worldcoin hopes to provide a reliable way to authenticate humans online called World ID,[18] to counter bots and fake virtual identities facilitated by artificial intelligence. Worldcoin attempts to recruit new users to join its network by getting their iris scanned using Worldcoin's orb-shaped iris scanner in return for some Worldcoin.[19] Worldcoin claims the distribution mechanism was inspired by universal basic income discussions.[20]

Finally, there is Worldcoin (WLD) itself, the cryptocurrency that is supposed to make this brave new world go round. According to the Worldcoin white paper, a fixed amount of 10 billion WLD will be issued over the next 15 years. Some 43 million have already been allocated to verified World App users, and 100 million were sent to market makers. At the time of writing, WLD is trading at around $2.50.

Carlos Jose, 21, has his eyes scanned by an orb, at a Worldcoin registration point in Barcelona, Spain, on Friday, Aug. 4, 2023. Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world. The international ID startup is now having to defend itself in investigations over whether the biometric data that the company is collecting is truly secure. (AP Photo/Emilio Morenatti)

Daniel Kertusha, 21, has his eyes scanned by an orb at a Worldcoin registration point in Barcelona, Spain, Friday, Aug. 4, 2023. Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world. The international ID startup is now having to defend itself in investigations over whether the biometric data that the company is collecting is truly secure. (AP Photo/Emilio Morenatti)

Daniel Kertusha, 21, waits to have his eyes scanned by an orb at a Worldcoin registration point in Barcelona, Spain, on Friday, Aug. 4, 2023. Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world. The international ID startup is now having to defend itself in investigations over whether the biometric data that the company is collecting is truly secure. (AP Photo/Emilio Morenatti)

An orb, a spherical iris scanning device used by Worldcoin, is shown at a co-working office in Santa Monica, Calif., on Thursday, Aug. 3, 2023. Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world. The international ID startup is now having to defend itself in investigations over whether the biometric data that the company is collecting is truly secure. (AP Photo/Damian Dovarganes) 2351a5e196

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