Worldcoin

Worldcoin, co-founded by Alex Blania and OpenAI CEO Sam Altman, seeks to provide its users with a verified digital identity, as well as a cryptocurrency token (WLD) and a crypto wallet software. Worldcoin’s mission is to build the world’s largest identity and financial network to serve as a public utility, giving ownership to everyone.

Worldcoin is a privacy-preserving digital identity network (World ID) based on proof of personhood, as well as a digital money (WLD) where laws allow. Every human is entitled to a portion of WLD merely for being human. World ID and WLD are presently supplemented by World App, the first interface to World ID and the Worldcoin Protocol, developed by the Tools for Humanity (TFH) contributor team.

“Proof of personhood” is one of Worldcoin’s basic concepts, and it relates to proving that an individual is both human and unique. Once established, it allows the individual to declare that they are a real person who is distinct from another real person without having to reveal their true identity.