Worldcoin (WLD) is a project committed to building the world's largest identity and financial network, with the mission to empower everyone. The core of the project's ecosystem is to provide infrastructure to address the increasing impact of future artificial intelligence (AI) while protecting user privacy and identity security. Below is a brief introduction to the WLD ecosystem and applications:
1. Ecosystem components
1. World ID
Description: A global identity network that protects privacy and verifies the authenticity of user identities through zero-knowledge proofs.
Application scenarios:
Users can prove they are real and unique individuals on any platform that integrates the protocol, such as Web3 systems, social networks, and government projects.
Helps prevent bots, Sybil attacks on social media, and fairly distribute government resources, etc.
2. Worldcoin Token (WLD)
Description: A utility token designed for community governance.
Application scenarios:
Governance and decision-making participation in the Worldcoin protocol.
Holders can influence the development path of the project through protocol governance.
2. Application scenarios
1. Fair airdrops and sales
By utilizing the verification mechanism of World ID, project parties can conduct token or NFT airdrops and sales more fairly, ensuring equitable resource distribution.
2. Prevent bots and fake accounts
On social platforms, the World ID verification mechanism can effectively prevent the proliferation of bots and fake accounts, maintaining a healthy platform ecosystem.
3. Global democracy and governance
New forms of governance supported by World ID, such as Quadratic Voting, can promote democratic decision-making on a global scale.
4. Potential basic income (UBI) funded by artificial intelligence
In the future, World ID may become a pathway to achieving AI-funded Universal Basic Income (UBI), enabling transparent and efficient resource allocation through blockchain.
3. Acquisition and usage process
1. Acquire World ID
Users need to download a wallet application that supports the creation of World ID.
Verification through access to physical imaging devices (Orb) to acquire an Orb-verified World ID.
2. Claim WLD tokens
Users holding an Orb-verified World ID are eligible to receive free WLD tokens under certain conditions, subject to relevant availability restrictions.
Worldcoin aims to provide users with a secure, efficient, and privacy-preserving identity and financial system through innovative technologies and tools, meeting the demands of current decentralized applications while providing solid infrastructure support for future technological development. Daily coin Q&A (Comment analysis of other coins) #WLD/USDT⚡️⚡️
