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Founded by a team including Sam Altman, the founder and current CEO of the now very popular OpenAI (ChatGPT), Worldcoin started the day with major exchange listings.
$WLD listed on Binance at 12:00 CET rose as high as $5.29 after opening at $0.15. $WLD is currently trading at $3.3.
What is Worldcoin ($WLD)?
The Worldcoin system is centered around World ID, an identity network system that protects privacy. World ID protects users’ privacy through a zero-knowledge proof system, while allowing other people to verify them. This is called personality proof.
$WLD aims to build the world’s largest identity and financial network. Anyone who authenticates on the $WLD network will be eligible to receive their share of $WLD tokens. The network does not adopt a token voting system, but a person voting system.
$WLD is an ERC-20 token on Ethereum. Individuals will receive user grants through the Optimism Mainnet. Therefore, most $WLD transactions are likely to occur on the Optimism network.
The project raised $250 million from investment companies such as a16z, Khosla Ventures, Bain Capital Crypto, Blockchain Capital, and Tiger Global.
How to Buy Worldcoin ($WLD)
Investors who want to buy $WLD can buy from one of the $WLD/BTC or $WLD/USDT pairs by typing $WLD in the search section in the Binance spot transactions menu.
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$WLD is listed on many exchanges as well as Binance.