Buy Worldcoin

Worldcoin (WLD) is a cryptocurrency designed to redefine digital identity and economic inclusivity. Worldcoin addresses the inequality of access to economic opportunity and issues surrounding digital identity. In many parts of the world, people have limited or no access to financial services and digital platforms, limiting their ability to participate in the modern economy and excluding them from the benefits of technological advancements.

Worldcoin solves this problem by using a unique combination of biometrics and blockchain technology. The key feature of Worldcoin is the World ID, a digital identity that is verified by an innovative device called the Orb. This device scans the user’s iris to generate a unique IrisCode, which is then linked to the blockchain. This creates a secure and tamper-proof digital identity that can be used to make online transactions and access various digital services.

Worldcoin offers several benefits to its users. First, it provides a reliable and secure way to verify your identity online without sharing personal information such as your name, email, or phone number. This helps prevent identity theft and protects user privacy. Second, with a World ID, users can participate in the global economy by earning WLD tokens and using them for payments, purchases, and transfers within the Worldcoin ecosystem.

The WLD token serves as a reward mechanism for users who verify their identity, as well as a medium of exchange for payments and other financial transactions. Through WLD tokens, users can participate in the decentralized economy and benefit from the opportunities offered by blockchain and AI. The maximum supply is limited to 10 billion WLD tokens.

Who founded Worldcoin?

Worldcoin was founded by Sam Altman, Alex Blania, and John Cogan. Sam Altman is best known as the CEO of OpenAI and former president of Y Combinator. His experience in the technology and investment world has helped shape Worldcoin’s vision and strategy. Alex Blania and John Cogan also have strong backgrounds in technology and entrepreneurship. Worldcoin is currently managed by Tools for Humanity, a team of experts consisting of dozens of members dedicated to the same mission.

Worldcoin is an innovative project with many unique applications. The main applications and uses of Worldcoin include:

• Verify digital identity: Users can verify their identity securely and privately using the World ID, without sharing personal information such as name or email address.
• Access financial services: The World App allows users to manage, transfer, and use WLD tokens for payments within the Worldcoin ecosystem.
• Participate in the global economy: By earning WLD tokens through the verification process, users can participate in the decentralized economy and take advantage of new economic opportunities.
• Develop dApps: Developers can use the World ID SDK to build decentralized applications (dApps) that leverage secure and unique digital identities.

Worldcoin combines biometric technology and blockchain to create a secure and tamperproof digital identity. The World ID, Worldcoin Orb, World App and the WLD token are the key components of this ecosystem.

World ID

The World ID is the core component of Worldcoin. This digital identity is created via an iris scan with the Orb, which generates a unique IrisCode and links it to the blockchain. This process creates an unforgeable digital identity that can be used for online interactions and transactions. The World ID ensures that every user is unique and prevents one person from creating multiple identities.

Users who verify their identity with the Orb are rewarded with WLD tokens, which also act as a medium of exchange within the Worldcoin ecosystem. These tokens can be used for payments, purchases, and financial transactions.

Worldcoin Orb

The Orb is a device that scans the user's iris to generate a unique IrisCode. This device uses advanced biometric technology to verify a person's identity without storing any personal data. All images taken during the iris scan are deleted immediately after verification to ensure the user's privacy.

World App

The World App is a user-friendly application that serves as a gateway to the Worldcoin ecosystem. The app stores users’ World ID and allows for easy management and use of WLD tokens. In addition, the World App provides access to various DeFi applications. Users can download the app on their iOS or Android device and verify their identity by visiting a nearby Worldcoin operator for an iris scan. These operators are also rewarded with WLD tokens.

Decentralization and privacy

Worldcoin is designed as a decentralized protocol governed by a global community of users. Decision-making and oversight are in the hands of the users themselves, which contributes to the transparency and reliability of the system.

At Worldcoin, user privacy is our top priority. All biometric data collected during the verification process is deleted immediately after verification. This ensures that personal information cannot be misused.

The WLD token is Worldcoin’s native cryptocurrency and is used to reward users who verify their identity via the Orb device. Additionally, WLD tokens act as a medium of exchange for payments, purchases, and other financial transactions within the Worldcoin ecosystem.

The maximum supply of WLD tokens is set at 10 billion for the first 15 years, with a possible inflation of up to 1.5% after this period. The distribution of the tokens is designed to keep the community involved, with 75% of the tokens going to the community and 25% to the team, investors and a reserve.

The following features and characteristics make Worldcoin a unique project and cryptocurrency within the crypto world:

• Unique identity verification: Worldcoin uses iris scanning to create a unique digital identity, the World ID. This prevents identity fraud and ensures a trustworthy online presence.
• Accessibility without investment: Users can earn WLD tokens by verifying their identity, without the need for a financial investment. This makes participation in the ecosystem accessible to everyone, regardless of their financial situation.
• High level of privacy and security: All biometric data collected during the verification process is deleted immediately after verification. This ensures the privacy of users and protects their personal information.
• Global coverage: Worldcoin has Orb locations in 18 countries and is continuously expanding, allowing people all over the world to participate in the ecosystem.

At Bitvavo you can buy Worldcoin (WLD). Our platform is suitable for both novice and experienced traders. Follow these steps to buy WLD via our website or app:

1. Create an account or log in to your existing Bitvavo account.
2. Make a deposit by clicking on "Deposit".
3. Go to the Worldcoin (WLD) buy page.
4. Enter the amount in euros you want to invest or the number of Worldcoin coins you want to buy and click on "Buy".

After purchase, the WLD tokens will be automatically added to your Bitvavo account, where you can easily manage and trade them. This allows you to react quickly and efficiently to market changes.

Want to store your Worldcoin tokens safely? You can easily do so in your Bitvavo account. Bitvavo stores the majority of customer funds in secure offline cold storage. Although our security measures are strict, we recommend activating two-factor authentication (2FA) for extra protection. This means that you will need to enter an additional code in addition to your password when logging in.

Most software and hardware wallets support the storage of Worldcoin tokens. Do you want to send your WLD tokens to an external wallet? First verify the wallet address in your Bitvavo account. After that, you can quickly and easily transfer the tokens to an external wallet.