Community Forex Questions
What is Worldcoin?
The Worldcoin community is building a more human economic system. Worldcoin is designed to become the world's largest digital identity and financial network, giving ownership to everyone. Worldcoin aims to provide universal access to the global economy no matter your country or background, establishing a place for every human to benefit in the age of AI.
The project’s goals regarding the Word Coin - WLD token are as follows:
The majority of WLD tokens will be given to individuals – simply for being a unique human.
The majority of humans who are alive today will receive WLD tokens, making WLD the most widely distributed digital currency.
The WLD token, alongside World ID, will be used for protocol governance.
The WLD token will form the foundation of the largest privacy-preserving identity and financial network.
How does Worldcoin work?
The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online while maintaining their privacy through zero-knowledge proofs. This has become particularly important given recent advancements in AI, as it is now increasingly difficult to distinguish between humans and AI on the internet.
Using World ID, individuals will be able to prove that they are a real, unique human to any platform that integrates with the protocol, including to web3 systems, social networking sites, and governmental programs. This will enable fair airdrops or token/NFT sales, provide protection against bots/sybil attacks on social media, and enable the fairer distribution of limited governmental resources. Furthermore, World ID can also enable global democratic processes and novel forms of governance (e.g., via quadratic voting), and it may eventually support a path to AI-funded UBI. The Worldcoin token (WLD), alongside World ID, will let users participate in governing the Worldcoin protocol.
To engage with the Worldcoin protocol, individuals must first download World App, the first wallet app that supports the creation of a World ID. (In the future, the Worldcoin Foundation expects to also whitelist other wallet apps.) Individuals visit a physical imaging device called the Orb to get their World ID Orb-verified. Most Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness to issue an Orb-verified World ID, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody). All Orb-verified World IDs holders are entitled to claim recurring grants of free WLD tokens (subject to availability).
The Worldcoin Protocol is an open-source protocol, supported by a global community of developers, individuals, economists and technologists engaged in expanding participation in, and access to, the Worldcoin ecosystem. The Worldcoin Foundation is the steward of the Worldcoin ecosystem and, along with its subsidiary, World Assets Ltd., will support the Worldcoin community until it becomes self-sufficient and decentralized. Tools for Humanity (TFH) helped launch the Worldcoin project and is responsible for the operation of World App.
Website: https://worldcoin.org
WorldCoin - WLD token: https://worldcoin.org/worldcoin-token
Live price: https://coinmarketcap.com/currencies/worldcoin-org/
The project’s goals regarding the Word Coin - WLD token are as follows:
The majority of WLD tokens will be given to individuals – simply for being a unique human.
The majority of humans who are alive today will receive WLD tokens, making WLD the most widely distributed digital currency.
The WLD token, alongside World ID, will be used for protocol governance.
The WLD token will form the foundation of the largest privacy-preserving identity and financial network.
How does Worldcoin work?
The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online while maintaining their privacy through zero-knowledge proofs. This has become particularly important given recent advancements in AI, as it is now increasingly difficult to distinguish between humans and AI on the internet.
Using World ID, individuals will be able to prove that they are a real, unique human to any platform that integrates with the protocol, including to web3 systems, social networking sites, and governmental programs. This will enable fair airdrops or token/NFT sales, provide protection against bots/sybil attacks on social media, and enable the fairer distribution of limited governmental resources. Furthermore, World ID can also enable global democratic processes and novel forms of governance (e.g., via quadratic voting), and it may eventually support a path to AI-funded UBI. The Worldcoin token (WLD), alongside World ID, will let users participate in governing the Worldcoin protocol.
To engage with the Worldcoin protocol, individuals must first download World App, the first wallet app that supports the creation of a World ID. (In the future, the Worldcoin Foundation expects to also whitelist other wallet apps.) Individuals visit a physical imaging device called the Orb to get their World ID Orb-verified. Most Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness to issue an Orb-verified World ID, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody). All Orb-verified World IDs holders are entitled to claim recurring grants of free WLD tokens (subject to availability).
The Worldcoin Protocol is an open-source protocol, supported by a global community of developers, individuals, economists and technologists engaged in expanding participation in, and access to, the Worldcoin ecosystem. The Worldcoin Foundation is the steward of the Worldcoin ecosystem and, along with its subsidiary, World Assets Ltd., will support the Worldcoin community until it becomes self-sufficient and decentralized. Tools for Humanity (TFH) helped launch the Worldcoin project and is responsible for the operation of World App.
Website: https://worldcoin.org
WorldCoin - WLD token: https://worldcoin.org/worldcoin-token
Live price: https://coinmarketcap.com/currencies/worldcoin-org/
Jan 12, 2024 15:57