First of all, OpenAI CEO Sam Altman is among the founders of Worldcoin, and this project aims to create the largest identity and financial network worldwide.

Worldcoin aims to bring a new dimension to authentication and democratic processes.

Thanks to World ID, users can verify their identity and prove themselves as real, unique people on various platforms. In addition to protecting against bot attacks on social media, this also enables fair token/NFT distributions and more equitable distribution of government resources.

Worldcoin's $WLD token is in the ERC-20 standard and is traded on the Ethereum and Optimism networks. It also offers a community-driven governance model, which gives users a say in project decision-making processes. Token holders can use $WLD to vote in governance as well as make payments in various applications.

Worldcoin's ambitious goals include the potential to deliver an AI-powered universal basic income (UBI) in the long term.

These developments show how Worldcoin plans to make a global impact and how it occupies a unique position in the crypto world.