Worldcoin Lazybones｜What is Worldcoin? How to use it? How to get Worldcoin airdrop?

Worldcoin, the cryptocurrency project created by OpenAI CEO Sam Altman, went live on July 24th, when more than 2 million people were able to claim 43 million WLD airdrops. worldcoin's vision is to build the world's largest, fair digital identity and currency system. The vision of Worldcoin is to build the world's largest, fair digital identity and currency system to help everyone have access to the global financial system. The following article introduces you to $WLD, what it is used for, and how to sign up for the World App!

What is Worldcoin?

Worldcoin, developed by OpenAI founder Sam Altman, seeks to build a globally accessible network of identities and finances with the goal of realizing Unconditional Basic Income (UBI) based on the AI economy.

The WorldCoin program took three years to develop and has already attracted two million users in its beta phase. Since its launch on the 24th, the ability to scan irises has been extended to 35 cities in 20 countries, with 1,500 Orb devices distributed globally, and millions more users expected to sign up.

If the WorldCurrency succeeds, we believe it can significantly increase economic opportunity and find a reliable solution to differentiate between real people on the web and AI; while protecting privacy, fostering the global democratic process, and ultimately demonstrating a possible path forward from an AI-funded universal basic income," Altman and cofounder Alex Blania said via a Twitter open letter AI-funded basic income for all."

Worldcoin consists of three main components, the ID, the global currency and the host wallet.

  1. World ID: The underlying identity protocol, powered by zero-knowledge proofs, accomplishes personality proofing while maintaining a high level of privacy.
  2. Worldcoin Token: a governance token that can be applied to the World APP. It is expected that 60% will be distributed to people who have used the World APP and completed iris verification.
  3. World App: Self-custody; make payments and transfers globally using $WLD tokens, stabilizers and traditional currencies

Financing Background
Well-known cryptocurrency venture capitalists such as a16z, Coinbase, and Blockchain Capital have all participated in the project's financing, and the founders of several ethereum projects, boca, and the Web Foundation have also participated in angel rounds of financing. It is worth mentioning that a16z is already the third time to raise funds from Worldcoin, and it can definitely be regarded as a loyal supporter of the project.

World App

To participate in Worldcoin, you must first download the World APP.

simplyAfter entering your phone number and completing SMS verification, you will be able to access the World App.

  1. Download World App
  2. Create an account and remember to back up your password.
  3. Cell Phone Verification and Iris Verification
  4. Pass and receive your WLD 1 drop token. 1 drop per week, possibly every month thereafter, it's early days!
  5. Participate in weekly tasks, there are nine weeks of tasks, the first answer is very simple, each time you complete the task will give you 1 dollar worth of btc.

Warm reminder of personal privacy in the App:

  • Privacy's "Find me by Phone": If you don't want someone to find you by phone, you can change it to "No one".
  • Account's "iCloud/Google Drive backup": it is recommended to keep it turned off, otherwise the wallet password data will be backed up to the cloud.

Worldcoin Launches Native Token $WLD

In addition to the WorldCoin program, Worldcoin has also launched its eponymous cryptocurrency, WLD, which it is distributing to more than 2 million people around the world (most of them from countries in the Southern Hemisphere). The token began trading on the world's largest cryptocurrency exchanges, Coin, Bybit, and OKX, on the 24th.

How to get $WLD coins?

The fastest and free way to get $WLD is to download the World APP and verify your identity through Orb, then you can get the Welcome Gift; you can also get extra drops every once in a while, but remember to go to the APP to get them manually.

Worldcoin ($WLD) is an ERC-20 token on the main Ether network. Individuals can get their users funded on Optimism, so most $WLD transactions are likely to take place on the Optimism network. Users can connect $WLD tokens back to Ether via the Optimism bridge if desired.

It is worth noting that Worldcoin announced in 2021 that the percentage of tokens allocated to TFH and the initial development team would be 20%, and the latest White Paper has increased that allocation to 25%.The explanation given by Worldcoin for this is that responsibly developing and launching the network is more complex and expensive than TFH initially anticipated.