What is Worldcoin?

Worldcoin aims to establish a large identity and financial network as a public utility, focusing on the integration of artificial intelligence. Central to its infrastructure is the World ID, which leverages privacy-preserving technology to verify individual identity through zero-knowledge proofs, allowing users to prove their uniqueness while safeguarding their privacy.

The World ID facilitates interactions across various platforms, including web3 and social media, and supports fair token distribution while preventing fraudulent behavior. The Worldcoin token (WLD) is used for governance within the protocol. Users can create a World ID by visiting a location equipped with a device known as the Orb, operated by independent businesses. The Orb utilizes multispectral sensors for verification, and images are deleted on-device unless consent for data retention is provided. WLD token holders may receive grants of tokens under specified conditions.