Worldcoin (rebranded to 'World') is a project co-founded by Sam Altman (OpenAI CEO) aiming to create a global proof-of-humanity identity system and financial network. Users verify their unique humanness by scanning their iris with a hardware device called the 'Orb,' receiving World ID (a zero-knowledge proof of unique humanity) and WLD tokens as rewards. WLD is used for governance and as the native currency of the World ecosystem.
The Orb uses biometric scanning (iris recognition) to verify that each person is a unique human, storing an encrypted iris hash. Zero-knowledge proofs then allow users to prove they are a unique, real human to applications without revealing their identity or biometric data. World ID can be used as a 'proof of humanity' across Web3 and Web2 applications to prevent bot activity and Sybil attacks. The project launched World Chain (an Ethereum L2 built on OP Stack) in October 2024 as the primary blockchain for World ecosystem applications. Verified humans receive priority block space and fee subsidies on World Chain.
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In an age of AI-generated content and bot activity, distinguishing real humans from bots online is increasingly difficult. Worldcoin/World attempts to solve the 'proof of personhood' problem — creating a cryptographic way to prove you are a unique human without revealing your identity. This could enable fair one-person-one-vote governance, bot-resistant airdrops, and human-only services.
The only crypto project with a physical hardware device (the Orb) that performs biometric human verification to create cryptographic proof-of-personhood, enabling Sybil-resistant applications where one-person-one-identity matters.
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Supply figures and project details are approximate and may not reflect the latest changes. Always verify from official sources before making decisions. This information is for educational purposes only — not financial advice.