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About Worldcoin
Worldcoin (WLD) is a utility token with governance properties designed to support the Worldcoin protocol, a privacy-preserving global identity and financial network. The asset is central to the World ID system, which uses zero-knowledge proofs and biometric verification via physical 'Orbs' to verify humanness online. WLD tokens are distributed as recurring grants to verified individuals, aiming to create a fair distribution of ownership and enable global democratic processes, such as quadratic voting and potential AI-funded Universal Basic Income (UBI). Users can participate in governing the protocol and use the token within the ecosystem's identity and financial applications.
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