Sam Altman’s Worldcoin project announced the official launch and release of the native token WLD.
Several major crypto exchanges, including Binance, Bybit and OKX, said they would list the new coin. Worldcoin noted that the asset would not be available in the United States due to regulatory uncertainty.
Users will be able to obtain WLD by completing verification, as well as by participating in the project’s beta testing. The developers promised to share more precise tokenomics in the near future.
The main product Worldcoin — the World ID protocol — is based on zero-knowledge proofs. It is a mobile tool that allows people to undergo identification without sacrificing anonymity. In addition to biometric data, users can use a phone number to verify their identity.
«In the era of artificial intelligence, the need for identity verification is no longer a matter of serious debate. Instead, the critical question is whether the verification solutions we have can be confidential, decentralized and maximally inclusive,” said Worldcoin co-founder Alex Blania.
As part of the launch, the project team released World ID developer tools to the public. Representatives of the startup also shared plans to expand verification operations through the Orb system in more than 20 countries.
Shortly before the launch, the number of registered World ID users reached 2 million.
Earlier, the Tools for Humanity team, which includes Worldcoin developers, raised $115 million in the funding round.
Earlier in May, users in China without access to the app began buying biometric data from third parties in African countries to obtain tokens for registration. The company said it would take necessary measures to combat the black market.