Learn about Worldcoin's vision, functions, Token information and how to participate in this article

The total amount of Worldcoin token WLD is 10 billion, and a fixed supply of 8 billion tokens is provided to the community.

**Written by:**Gmer.eth

The recently soaring @worldcoin commemorative NFT has become popular all over the Internet, but some friends still don’t know what kind of project it is. Below I will write a comprehensive long thread to help you better understand:

  1. Worldcoin project introduction

  2. World ID, World APP, Token Introduction

  3. World App Details

  4. What can we do

  5. Useful Links

Worldcoin Project Introduction

Worldcoin is a crypto project founded by OpenAI founder @sama. Since most people in the world are currently unable to verify their identity through digital means, Worldcoin's vision is to build the world's largest and fair digital identity and currency system. In order to help everyone enter the global financial system.

Worldcoin is mainly composed of three parts, identity ID, global currency and carrying wallet

  • World ID: a digital identity that protects privacy and proves a unique identity
  • Worldcoin Token: Free distribution of tokens to people worldwide for utility and future governance
  • World App: Fully self-hosted app to pay, buy and transfer globally using Worldcoin tokens, digital assets, stablecoins and traditional currencies

Project financing background:

Super luxury financing background: a16z, Coinbase, Multicoin Capital, 1confirmation and other well-known investment institutions participated in the investment; as well as the founders of LinkedIn, SBF, Mirror; the founders of multiple Ethereum projects, Polkadot, and the Web Foundation all participated in the angel wheel. The two rounds of financing totaled US$125 million and are currently seeking US$100 million in financing.

World ID, World APP, Token Introduction

World ID: The underlying identity protocol, supported by zero-knowledge proof, completes personality proof while maintaining high privacy. A person's uniqueness is verified through a unique biometric device, the Orb (scanning the iris). To put it bluntly, it is to scan your eyes in front of the orb and get your own ID.

First introduce Token

The white paper is expected to be released in about 2 months

Token name: WLD, total amount 10 billion

Token Economics:

  • A fixed supply of 8 billion tokens is given to the community (us)
  • 1 billion will be used to fund the Worldcoin protocol long-term, including developer grants
  • 1 billion will be provided to the agreement's contributor agreement, the investor

Release time: There are no WLD releases at this time.

The release is expected to take place before the end of June.

World APP:

The carrier of ID and Coin.

We can use the World APP to create ID accounts, generate wallets, transfer funds, purchase Crypto, receive WLD&BTC, apply for Grants, and go to CEX for transactions. There will be more features in the future. Current partners are: @Uniswap, @ensdomains, @circle, @safe, @moonpay, @RampNetwork.

World App Details:

Registration link:

Mobile phone download app

Let me share with you my registration process and share screenshots:

  1. Download the world app

  2. Create an account, remember to back up your password

  3. Mobile phone verification and iris verification

  4. Receive your airdrop token WLD1 after passing. 1 airdrop per week, and possibly every month in the future, it is now in the early stage

  5. Participate in weekly tasks, a total of nine weeks of tasks, the first answer is very simple, every time you complete the task will give you $1 worth of BTC

  • *

The software interface is shown in the figure

Replenish

The APP address currently only supports the Horseshoe Chain (beta version), and it will be implemented on the Ethereum mainnet in the future;

Transfer to usdc through name, mobile phone number, ens, address 0 fee;

I just transferred wbtc to an address, 0 handling fee, and it will arrive soon;

The transfer page supports ens transfer;

App currently supports WETH, WBTC, DAI, USDC, Beta WLD, and will support more tokens and decentralized applications in the future;

what can we do

Find a way to do iris scanning. If the authentication is successful, please go to any channel in discord and enter /verify to get the role. Remember to do the task after getting the airdrop;

Mint OP commemorative NFT: However, the management explained that the role of the main network and OP commemorative NFT is only a commemorative function.

Enter DC to keep an eye on:

HELPFUL LINKS:

Official documentation: very useful Suggestions to take a look at:

Website

Twitter:

Discord:

Facebook:

Instagram:

Telegram:

Github:

LinkedIn:

Written at the end: I think this is a great project. How to bring more people in the world into cryptocurrency, build a global digital currency system, and enjoy decentralized finance. Perhaps Worldcoin will tell us the answer in the future

Add a few points

There are no orb test points in China, and there may be no orb test points in the future;

After downloading, the order of the app is to create an account, and the verification of the mobile phone number can also be skipped, and then a QR code comes out that requires iris verification, and it can be passed after verification.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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