Wolf Works DAO (WLD)

What is Worldcoin (WLD)?

Worldcoin (WLD) is a pioneering cryptocurrency project with a two-fold mission: to redefine the worldwide digital identity sphere and to operate as an effective digital currency. The project introduces the World ID system, a novel initiative that leverages the Orb, a bespoke biometric device, to authenticate individuals securely and privately as unique humans. Alongside this, the WLD token facilitates smooth and efficient transactions within the flourishing Worldcoin network.

What are the Uses and Features of WLD?

Secure Digital Identity Verification: The World ID system offers a robust solution for verifying individual identities online, providing a safeguard against fraud and ensuring utmost privacy. The system employs the Orb biometric device, allowing users' identities to be protected and trustworthy across various online platforms.

Effortless Payment Mechanism: The WLD token serves a crucial role in facilitating payments for an array of goods and services, enhancing both online and offline transactions. The seamless integration of Worldcoin as a medium of exchange provides users with a convenient and reliable payment option.

Participation in Network Governance: Ownership of WLD tokens grants individuals the power to participate in the governance of the Worldcoin network. Through involvement in voting procedures, token holders actively shape the network's future and direction, promoting a decentralized, community-driven ecosystem.

Vision and Mission of Worldcoin

The Worldcoin project was founded with the goal of creating an identity and financial network that is globally inclusive and majority-owned by humanity. The core principle behind Worldcoin is "proof of personhood," which aims to establish that an individual is both human and unique. This allows individuals to assert their online identity without revealing their real-world identity. The World ID system and WLD are facilitated by the World App, the first frontend to World ID and the Worldcoin Protocol, developed by the contributor team at Tools for Humanity (TFH).

Worldcoin's innovative approach aims to address the growing problem of distinguishing humans from AI online while preserving privacy, potentially enabling global democratic processes and indicating a potential path to AI-funded Universal Basic Income (UBI). The Orb biometric device has been designed with the understanding that custom biometric hardware may be the only long-term viable solution for issuing AI-safe proof of personhood verifications. Thus, Worldcoin introduces an integral and necessary digital primitive to the global scale: proof of personhood.

Who Created Worldcoin?

Worldcoin was founded by Sam Altman, Alex Blania, and Max Novendstern. Sam Altman is the CEO of OpenAI. The entity driving the development and implementation of Worldcoin is Tools for Humanity, a company based in San Francisco and Berlin.