What is WLD?

_{What is Worldcoin (WLD)?}

Worldcoin (WLD) is a financial network and digital authentication system designed to preserve privacy.
Using biometric iris scanning technology to create “proof of personhood” for identity verification
This will help distinguish between real humans and artificial intelligence bots (AI bots) on the online world. The project is distributing WLD tokens to people.
Verified globally through the World ID system, with the aim of creating the largest financial network and accessible to everyone.

_{Native Blockchain:}

World Chain is a Layer 2 chain launched in October 2024, built on Optimism's OP Stack.
And there are additional applications on the Ethereum mainnet (in ERC-20 format) and Optimism mainnet.

_{Protokola Konsensus:}

Use the Proof-of-Stake system, a feature derived from Ethereum through the OP Stack architecture.

_{Founder/Date founded:}

Co-founded by Sam Altman (CEO of OpenAI), Alex Blania (CEO of Tools for Humanity) and Max Novestern.
It was founded in 2019 and officially launched on July 24, 2023.

_{Objective/Use case:}

Create the world's largest authentication and financial network as a public utility
To enable digital identity verification, promote comprehensive access to financial services (financial inclusion)
And prevent bots, while tackling the challenge of distinguishing between artificial intelligence (AI) and humans.
World coin: used as a support for verified users, payment of transaction fees on the World Chain,
Used to oversee protocols and payments within the ecosystem

_{Total supply/Limit or Unlimited:}

The total number of World coins is 1 trillion WLD

_{Supply Deflation:}

WLD's tokenomics are characterized by being inflationary (Neutral-to-Inflationary) in which the supply will never decrease (Non-deflationary).
And it can be increased only if it is subject to conditions approved by the regulatory system.

_Source:

https://coinmarketcap.com/currencies/worldcoin-org/

https://whitepaper.world.org/

https://unchainedcrypto.com/worldcoins

https://coinscapture.medium.com

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