Worldcoin was co-founded by Sam Altman (also CEO of OpenAI), Alex Blania, and Max Novendstern.

Worldcoin is distinguished by two main features:

Global unique person verification: It uses a hardware device called the "Orb" to scan people's irises and verify that they are real and unique humans. This creates a "Proof of Humanity" (PoH) that is recorded on a blockchain, allowing for the creation of a unique digital identity that is resistant to fraud.

Universal distribution of Universal Basic Income (UBI): Worldcoin plans to distribute its cryptocurrency WLD to all people in the world for free, as a form of universal basic income.

Worldcoin was launched in July 2023 and has generated significant interest and controversy. Millions of people have already registered to obtain their World ID. However, the project has also faced criticism over concerns regarding privacy and the security of biometric data. Despite this, the project continues to progress and has recently partnered with Alchemy and Optimism to launch its blockchain, WorldChain.

You can withdraw WLD from your World App to a cryptocurrency exchange that supports WLD, such as Bit2Me, and then exchange it for other cryptocurrencies or fiat money.

Worldcoin is a new cryptocurrency project aimed at creating a global financial network and a digital identity for all people in the world.