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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.