Worldcoin (WLD): what you need to knowWorldcoin (WLD): what you need to know

Worldcoin is a project that aims to build a global identity and payment network based on iris scans. Users can obtain a World ID by having their iris scanned by a special device called the Orb. That World ID is used to prove that someone is a unique human, without sharing personal data. The native token WLD is distributed to verified users and is used for network services and governance.

Source: https://world.org/

The Orb captures an image of the iris and turns it into a unique digital code, called the IrisCode. This code is stored in a decentralised system and forms the basis of the World ID. The system is designed so that a user can prove via zero-knowledge proofs that they are a unique human, without having to share the underlying biometric data directly with third parties.

• Ticker: WLD

• Category: Identity protocol / Governance token

• Blockchain: World Chain (Ethereum-compatibel)

• Protocol: ERC-20

• Year of launch: 2023

Worldcoin has built its own Layer 2 blockchain, World Chain, which is EVM-compatible and is used for World ID verifications, WLD transactions and supporting applications inside the World App. The system's privacy design is one of the most debated aspects of the project: regulators in several countries are closely watching how Worldcoin operates.

The Worldcoin ecosystem includes the World App (a mobile wallet and interface for World ID), a growing number of applications that use World ID for proof-of-personhood, and partners rolling out Orbs in cities around the world. WLD is distributed to verified users and can be traded on major exchanges. The project is both embraced and criticised because of its privacy implications.

Worldcoin was founded by Sam Altman (CEO of OpenAI) and Alex Blania, together with other co-founders. Development is done by Tools for Humanity, the company behind the Orb and the World App. In 2024 the project was repositioned under the name 'World', while the native token formally remains WLD.

BTC Direct has been the European entry point to crypto since 2013. We make buying Worldcoin straightforward, even if it is your first time:

• Trusted in Europe. BTC Direct is registered with the Dutch Central Bank (DNB) and operates under MiCA, the EU regulation for crypto.

• Familiar payment methods. Pay with iDEAL, Bancontact, Sofort, SEPA bank transfer, credit card, PayPal or Apple Pay. Your WLD is on its way within minutes.

• Your coins, your control. We do not store your WLD. After your purchase, your coins are sent straight to your own wallet address.

• Based in the Netherlands, serving all of Europe. Our experts are based in the Netherlands and answer in your language across the SEPA zone. Need help? We are here.

• Start with a small amount. From just €30. The minimum varies per coin.

Ready to buy your first WLD?

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For more technical information about Worldcoin, visit the official website.

Cryptocurrencies, including Worldcoin (WLD), are volatile and carry risks. The value of WLD can fluctuate greatly and investments can lead to financial losses. Always do your own research and only invest money that you are willing to lose.

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