WLD (Worldcoin) is a typical Web3 project. Co-founded by OpenAI co-founder Sam Altman, Worldcoin aims to provide decentralized digital identity authentication and universal basic income (UBI) to users around the world through blockchain technology and biometrics.
The core concepts of Worldcoin include:
• Digital Identity Verification (World ID): Through biometric technologies such as iris scanning, a unique and secure digital identity is created to ensure the uniqueness of each person in the digital world.
• Cryptocurrency (WLD Tokens): WLD tokens will be distributed to users around the world as part of a universal basic income aimed at achieving fair distribution of wealth.
• Decentralized Application (World App): Provides a platform that supports users to pay, purchase and transfer money globally using WLD tokens, digital assets and traditional currencies.
Through these initiatives, Worldcoin hopes to provide people with new ways to participate in the economy in the AI era, reflecting the decentralization, user autonomy, and openness of Web3.