Worldcoin is a project that uses a technology called blockchain (which is like a secure record of transactions) to create new ways to manage our identity in the digital world and make secure transactions.
But what makes Worldcoin special is that it seeks to enable everyone to have a digital identity in a decentralized way, without a single government or company controlling our data. You are in control of your own information!
What did Worldcoin announce?
Worldcoin has a program called community grants. These are like donations of money that the Worldcoin foundation gives to people or groups who want to create projects related to Worldcoin.
Most importantly, they have improved this program to make it easier and more accessible. Previously, people who wanted to apply for a grant had to wait for Worldcoin to open specific “waves” (fixed dates to apply). But now, you can apply at any time!
What projects can you propose?
Worldcoin is looking for ideas in the following areas:
- World ID Applications: Use the digital identity offered by Worldcoin for things like verifying who you are on the internet securely and without sharing unnecessary data.
- Digital identity solutions: Projects that help improve how we protect our online identity, giving us more control over our own data.
- Growth Initiatives: Ideas to get more people using Worldcoin and learning about how it works.
- Innovations in governance: How to make better decisions as a community using Worldcoin in a decentralized way (i.e., no one has full control).
- Developer Tools: Create tools to make it easier for developers to use Worldcoin.
Why is it important?
If you've never used cryptocurrency or heard of digital identity, this is a giant step into the future. These changes to Worldcoin could help many more people get involved in a fairer and more accessible system, where we all have control over our identity without depending on governments or companies.
Plus, if you have an innovative idea that helps improve Worldcoin technology, you can get financial support to develop it!
