Here are the basic 9 things you need to know about the #Worldcoin project:
It was founded by the Co-founder of #OpenAI, Sam Altman, alongside Alex Blania and Max Novendstern in 2019
The vision started with distributing shares of a new digital token freely to every person on Earth which has expanded to enable universal access to the global economy.
Worldcoin operates as an open-source protocol designed to be decentralized. Hence, decision-making is meant to be controlled by the users.
It has a crypto token called #WLD. The WLD is planned to be listed on major crypto exchanges, beginning with Binance.
World ID, a component of the project, is a privacy-preserving digital identity. It addresses identity-based challenges, providing individuals with a unique, pseudonymous identity that can be used for various everyday applications.
It also has an app called World App which can be downloaded on the Google Play store. It is a fully self-custodial application that enables global payments, purchases, and transfers using Worldcoin tokens, digital assets, stablecoins, and traditiona l currencies.
The process of signing up for World ID involves downloading the app, signing up, and verifying one's unique personhood at an Orb. The Orb uses the iris biometrics of users to establish identity, ensuring a secure and trustworthy system.
Worldcoin is supported by the Worldcoin Foundation and Tools for Humanity (TFH). The foundation is a non-profit entity focused on supporting and growing the Worldcoin community, while TFH is a global technology company leading the development of the Worldcoin protocol and operating the World App.
The correct website is www.worldcoin.org