Worldcoin, the controversial crypto project co-founded by Sam Altman, has announced the launch of its WLD token. The distribution will reach over 2 million verified users worldwide, marking a significant milestone in decentralized identity verification.
Key Highlights of the WLD Token Launch
- Global Distribution: WLD tokens will be distributed to users across 20+ countries, with priority given to underserved regions.
- Orb Verification: Participants who complete iris scanning via Worldcoin's proprietary "Orb" devices will receive an initial allocation of 25 WLD tokens, followed by periodic grants.
- Exclusions: Due to regulatory uncertainties, the token will not be available to U.S. residents.
Project Background
Worldcoin aims to solve online identity authentication through biometric iris scans. Over 2 million users—primarily from the Global South—have already verified their identities. The project’s tokenomics, including long-term incentives and ecosystem funding, are slated for release soon.
👉 Learn how to claim your WLD tokens securely
FAQ Section
1. How does Worldcoin’s iris scanning work?
The Orb device captures a unique iris pattern to generate a zero-knowledge proof, ensuring privacy while verifying human uniqueness.
2. Why is WLD unavailable in the U.S.?
Regulatory constraints around biometric data and token classification have prompted this exclusion.
3. Can I trade WLD tokens immediately after receiving them?
Yes, listed exchanges like Binance and OKX will support WLD trading shortly after launch.
4. What’s the long-term vision for Worldcoin?
The project seeks to create a universal basic income (UBI) system powered by decentralized identity.
Controversies and Challenges
Critics highlight concerns over:
- Privacy Risks: Centralized storage of biometric data.
- Geographic Bias: Overrepresentation of developing economies in early adoption.
👉 Explore Worldcoin’s whitepaper for deeper insights