Worldcoin is an open-source protocol designed to foster global inclusion in the digital economy. By establishing World ID—a decentralized digital identity—and distributing its native cryptocurrency (WLD), Worldcoin empowers users to seamlessly participate in financial systems. Co-founded by OpenAI CEO Sam Altman, the project envisions a universal digital identity and currency framework.
Worldcoin's 3-Pillar Ecosystem: Building Decentralized Digital Identity
1. World ID: Your Digital Passport
World ID serves as a privacy-preserving Proof of Personhood (PoP) credential, verified through biometric Orb devices. These use iris-scanning technology to ensure uniqueness while prioritizing security and scalability.
👉 Learn more about decentralized identity solutions
2. WLD Token: The Native Cryptocurrency
- Utility: Facilitates transactions, governance, and ecosystem participation.
- Distribution: Globally allocated for equitable access.
3. World App: The Gateway
A multifunctional wallet supporting:
- WLD transactions
- Stablecoin conversions
- Cross-border payments
How to Join Worldcoin: A 2-Step Process
- Download World App
Register to create your World ID. - Complete Orb Verification
Locate an Orb station for biometric authentication. Data is deleted by default unless retained with explicit consent.
Trading WLD on OKX: Deposit and Withdrawal Guide
Depositing WLD
- Navigate to OKX’s Assets > Deposit.
- Select WLD and choose the network.
- Transfer tokens using the generated address.
Withdrawing WLD
- Go to Withdrawals and pick WLD.
- Enter amount and destination address.
- Confirm network details and submit.
FAQ: Worldcoin Essentials
Q1: Is Worldcoin decentralized?
A: Yes, World ID and WLD operate on open-source protocols, reducing centralized control.
Q2: How does Orb protect privacy?
A: Iris scans are instantly deleted unless users opt-in for storage.
Q3: Where can I use WLD?
A: For payments, governance, and trading on platforms like OKX.
Q4: What’s the long-term goal of Worldcoin?
A: To democratize access to digital economies via universal identity and currency.
👉 Explore WLD trading strategies
Note: Always verify local regulations before participating in cryptocurrency activities.