Worldcoin emerges as a pioneering iris biometric cryptocurrency project. Developed by Tools for Humanity, the platform integrates three core components:
- World ID (digital identity verification system)
- Iris-scanning Orb (biometric hardware)
- World App (non-custodial wallet)
Despite privacy concerns raised by experts regarding iris data collection, co-founder Sam Altman emphasizes the project's transparency through open-source AI algorithms. He anticipates reduced skepticism as the technology matures.
Decoding the "Time Has Come" Tweet
On July 23, Worldcoin's official Twitter account sparked speculation with a cryptic message:
"The time has come. 24.7.23"
While the company withheld further details, blockchain analysts confirmed preparatory token movements to exchanges, signaling today's highly anticipated launch.
Funding and Valuation Snapshot
Tools for Humanity secured notable investments:
- $115M in Series C (led by Blockchain Capital)
- **$100M** in March 2022 (valuing company at $3B)
Major investors include:
- Andreessen Horowitz (a16z)
- Bain Capital Crypto
- Distributed Global
Tokenomics: 10 Billion WLD Supply
Arkham Intelligence's blockchain analysis reveals key distribution patterns:
- Exchange Allocations: Portions sent to OKX and Bybit
- Wallet Concentration: 95% held across 6 addresses
Contract Address: 0x163f8C2467924be0ae7B5347228CABF260318753
👉 How Worldcoin's Iris Technology Revolutionizes Digital Identity
FAQ Section
Q: How does Worldcoin ensure biometric data security?
A: The project uses zero-knowledge proofs to authenticate identities without storing raw iris data.
Q: Where can I trade WLD tokens?
A: Initial listings include OKX and Bybit, with more exchanges expected soon.
Q: What's the long-term vision for Worldcoin?
A: Aiming to create a global digital passport system while fairly distributing cryptocurrency through "proof of personhood" rewards.
👉 Why Top VCs Are Betting Big on Biometric Cryptocurrencies
Disclaimer: This content represents informational analysis only. Always conduct independent research before making financial decisions.