Worldcoin is a cryptocurrency project which aims to establish a unique digital identity and financial network for every human on Earth. Developed by the contributor team at Tools for Humanity, Worldcoin uses biometric technology, specifically a device called the Orb, to verify users' unique identity through iris scans.
Worldcoin also includes the World App for payments and transfers, and its WLD token is a Layer 2 Ethereum-based cryptocurrency, leveraging Ethereum's security while building its own ecosystem. Its core strength lies in its ambition to provide a verifiable proof of personhood, addressing the challenge of identity in an increasingly digital and AI-driven world.
Experimental Crypto assets might be riskier than other crypto assets and require careful consideration. Further details of these risks may be found
here.
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