Question 1

What is Worldcoin (WLD)?

Accepted Answer

Worldcoin (WLD) is an ambitious cryptocurrency and global identity verification project launched in July 2023. Its mission is to create the world’s largest, privacy-preserving identity and financial network as a public utility, designed to empower individuals globally. At its core is **World ID**, a decentralised and privacy-focused identity system that enables users to prove their uniqueness and humanity without disclosing personal information. This is achieved using the **Orb**, a custom-built biometric device that scans users’ irises and generates unique identifiers in compliance with privacy standards.

Worldcoin also features the WLD token, which powers the ecosystem by serving as a medium of exchange and a governance token. In October 2024, the project transitioned from Ethereum’s Optimism network to its native **World Chain**, a Layer-2 blockchain built using Optimism’s OP Stack, prioritising scalability, inclusivity, and human-centric design.

Question 2

What is Worldcoin (WLD) used for?

Accepted Answer

**1. Digital Identity Verification:** Worldcoin provides an innovative solution to the challenges of online identity and human verification, addressing issues like Sybil attacks and ensuring equitable distribution of digital resources:  
- **World ID:** Enables users to verify their humanity and uniqueness using zero-knowledge proofs, ensuring privacy while protecting against identity fraud.  
- **Applications:** Prevents bot activity in social media, facilitates fair token distributions, and enables equitable access to digital services.

**2. Financial Transactions:** Worldcoin extends its utility into financial inclusion, leveraging the WLD token as a medium of exchange:  
- **Payments:** WLD tokens are used for transactions across goods and services, both within and outside the Worldcoin ecosystem.  
- **Stablecoin Integration:** Designed to improve financial access in regions where stablecoins play a vital role in daily transactions.  
- **World App:** The primary wallet interface that supports cryptocurrency payments and access to decentralised applications (dApps).

**3. Network Governance:** The WLD token grants its holders the ability to shape the protocol through governance mechanisms. Users participate in voting and decision-making processes, influencing factors like ecosystem development, fund allocation, and potential inflation rates.

**4. Human-Centric Blockchain:** With the launch of World Chain, Worldcoin integrates unique features designed to prioritise its user base of verified humans:  
- **Priority Blockspace:** World Chain allocates free or subsidised transaction space for verified users, ensuring equitable access to the blockchain network.  
- **Gas Allowances:** Verified human addresses receive gas fee subsidies, reducing friction for casual users.

**5. Ecosystem Growth and Developer Tools:** Worldcoin provides infrastructure and tools to foster ecosystem expansion:  
- **Mini Apps and Minikit:** Developer-friendly tools for building and distributing dApps tailored to verified human users.  
- **Grants and Support:** The World Foundation offers funding for initiatives like bot-resistant platforms, decentralised governance, and Universal Basic Income (UBI) experiments.

Question 3

Key features of World Chain include:

Accepted Answer

- **Anonymous On-Chain Verification:** Allows users to interact with decentralised applications without revealing sensitive personal information.  
- **Free Transactions for Verified Users:** World ID holders benefit from subsidised or free transactions, removing barriers to participation.  
- **Gas Redistribution Mechanism:** Gas fees are optimised, with casual users receiving allowances to minimise entry costs.

World Chain also supports a growing ecosystem of blockchain services and applications, including integrations with Uniswap, Alchemy, and Dune Analytics. It features tools for developers to deploy contracts seamlessly and reach over 15 million verified users globally. The transition from Optimism’s network to World Chain marks a significant milestone in making Worldcoin a fully human-centric blockchain network.

Question 4

Transition to World Chain

Accepted Answer

In October 2024, Worldcoin launched **World Chain**, its dedicated Layer-2 blockchain built on Optimism’s OP Stack. This transition ensures scalability and prioritises verified human users with features such as:  
- **Anonymous Verification On-Chain:** Enables users to interact with dApps without revealing their real-world identities.  
- **Free Transactions for Verified Users:** Subsidised transactions for World ID holders to enhance accessibility.  
- **Gas Allowance Mechanism:** Ensures equitable participation by redistributing gas fees to cover casual users’ activities.  
World Chain also integrates partnerships with major blockchain services, such as Uniswap, Alchemy, and Dune Analytics, further solidifying its ecosystem. With over **15 million verified users** and a robust infrastructure for dApps, World Chain is positioned as a human-first blockchain solution.

Question 5

Who created Worldcoin (WLD)?

Accepted Answer

Worldcoin was co-founded in 2019 by **Sam Altman,** CEO of OpenAI and a renowned figure in the technology sector, **Alex Blania,** A technologist with expertise in decentralised systems and **Max Novendstern,** A former investment banker with experience in financial technologies. The project is supported by **Tools for Humanity (TFH)**, a technology company based in San Francisco and Berlin. TFH oversees the development of the Worldcoin Protocol, including the Orb, World App, and the underlying blockchain infrastructure.

#	Instrumen	Bursa	Skor Tolok Ukur	Harga	Perubahan 24j	Volume 24j	Trading 24j	Pembukaan 24j	Tertinggi 24j
1	WLD-USDT WLDUSDT	binance	AA	0.4247USDT	-1,09%	63.570.904,90WLD	239.507	0.4294USDT	0.4412USDT
2	WLD-USDT WLDUSDT	bybit	A	0.4247USDT	-1,12%	28.016.349,46WLD	27.120	0.4295USDT	0.4410USDT
3	WLD-USDT WLD-USDT	okex	A	0.4248USDT	-1,07%	28.505.130,47WLD	67.620	0.4294USDT	0.4411USDT
4	WLD-USDT WLD_USDT	gateio	A	0.4247USDT	-1,12%	23.192.023,65WLD	30.589	0.4295USDT	0.4412USDT
5	WLD-USDT WLDUSDT_SPBL	bitget	BB	0.4253USDT	-0,95%	6.723.777,16WLD	11.937	0.4294USDT	0.4411USDT
6	WLD-TRY WLDTRY	binance	AA	20,47TRY	-1,21%	4.990.121,40WLD	13.619	20,72TRY	21,32TRY
7	WLD-USDC WLDUSDC	binance	AA	0.4248USDC	-1,05%	4.766.510,00WLD	22.452	0.4293USDC	0.4410USDC
8	WLD-USD WLD-USD	coinbase	AA	0.4245USD	-1,14%	3.438.917,02WLD	9.010	0.4294USD	0.4408USD
9	WLD-USD WLDUSD	kraken	AA	0.4246USD	-1,19%	2.703.656,84WLD	5.826	0.4297USD	0.4410USD
10	WLD-USDT WLD-USDT	kucoin	BB	0.4247USDT	-1,07%	1.818.276,73WLD	8.952	0.4293USDT	0.4411USDT
11	WLD-BTC WLDBTC	binance	AA	0.0₅5290BTC	0,00%	492.048,70WLD	1.354	0.0₅5290BTC	0.0₅5400BTC
12	WLD-USDC WLDUSDC	bybit	A	0.4221USDC	-1,84%	456.922,61WLD	2.706	0.4300USDC	0.4408USDC
13	WLD-USDC WLD-USDC	okex	A	0.4252USDC	-1,09%	436.227,61WLD	2.101	0.4299USDC	0.4413USDC
14	WLD-EUR WLDEUR	kraken	AA	0.3670EUR	-1,85%	331.627,24WLD	455	0.3739EUR	0.3824EUR
15	WLD-USD wldusd	bitstamp	AA	0.4209USD	-1,99%	320.539,03WLD	194	0.4294USD	0.4390USD
16	WLD-USD WLD_USD	cryptodotcom	AA	0.4247USD	-1,14%	184.881,40WLD	3.124	0.4296USD	0.4410USD
17	WLD-FDUSD WLDFDUSD	binance	AA	0.4251FDUSD	-1,14%	141.093,50WLD	872	0.4300FDUSD	0.4408FDUSD
18	WLD-USDC WLD_USDC	gateio	A	0.4209USDC	-1,96%	125.180,27WLD	409	0.4293USDC	0.4401USDC
19	WLD-EUR WLD-EUR	okex	A	0.3683EUR	-1,29%	59.296,26WLD	466	0.3731EUR	0.3834EUR
20	WLD-EUR WLDEUR	binance	AA	0.3698EUR	-1,41%	40.919,80WLD	148	0.3751EUR	0.3829EUR
21	WLD-USDT WLD_USDT	cryptodotcom	AA	0.4264USDT	-0,72%	34.931,50WLD	464	0.4295USDT	0.4410USDT
22	WLD-TRY WLD-TRY	okex	A	20,50TRY	-1,20%	29.127,22WLD	61	20,75TRY	21,21TRY
23	WLD-USD wldusd	gemini	A	0.4241USD	-1,30%	31.748,89WLD	242	0.4297USD	0.4409USD
24	WLD-RLUSD wldrlusd	gemini	A	0.4241RLUSD	-1,30%	31.748,89WLD	242	0.4297RLUSD	0.4409RLUSD
25	WLD-GUSD wldgusd	gemini	A	0.4241GUSD	-1,30%	31.748,89WLD	242	0.4297GUSD	0.4409GUSD
26	WLD-U WLDU	binance	AA	0.4348U	3,89%	14.693,70WLD	23	0.4185U	0.4348U
27	WLD-IDR WLDIDR	binance	AA	7.397,00IDR	-2,21%	14.674,23WLD	73	7.564,00IDR	7.700,00IDR
28	WLD-USD WLD-USD	okex	A	0.4214USD	-2,50%	12.260,39WLD	108	0.4322USD	0.4405USD
29	WLD-USDT WLDUSDT	cexio	BB	0.4291USDT	-1,81%	1.449,50WLD	2	0.4369USDT	0.4369USDT
30	WLD-USD WLDUSD	cexio	BB	0.4369USD	3,97%	208,73WLD	2	0.4202USD	0.4369USD
31	WLD-EUR wldeur	bitstamp	AA	0.3692EUR	-1,31%	125,91WLD	1	0.3741EUR	0.3741EUR
32	WLD-USDC WLDUSDC	cexio	BB	0.4317USDC	-0,78%	66,56WLD	1	0.4351USDC	0.4351USDC
33	WLD-KRW WLD_KRW	bithumbkorea	-	580,00KRW	-1,69%	41.978.872,18WLD	16.867	590,00KRW	602,00KRW
34	WLD-KRW KRW-WLD	upbit	B	578,00KRW	-2,03%	31.945.587,00WLD	14.806	590,00KRW	602,00KRW
35	WLD-USDT WLD_USDT	coinw	-	0.4226USDT	-1,68%	22.734.270,09WLD	5.645	0.4298USDT	0.4410USDT
36	WLD-USDT WLDUSDT	toobit	C	0.4246USDT	-1,14%	16.018.542,50WLD	22.763	0.4295USDT	0.4409USDT
37	WLD-USDT wld_usdt	xtpub	-	0.4247USDT	-1,09%	12.385.478,30WLD	32.162	0.4294USDT	0.4409USDT
38	WLD-USDT WLD_USDT	poloniex	C	0.4230USDT	-0,47%	11.529.852,60WLD	280.523	0.4250USDT	0.4330USDT
39	WLD-XRP WLDXRP	bitrue	D	0.3091XRP	2,05%	11.703.612,90WLD	91.544	0.3029XRP	0.3122XRP
40	WLD-USDT WLDUSDT	bitrue	D	0.4242USDT	-1,26%	10.480.624,20WLD	84.482	0.4296USDT	0.4411USDT
41	WLD-USDT sWLDUSDT	phemex	C	0.4252USDT	-0,96%	4.599.318,80WLD	6.291	0.4293USDT	0.4410USDT
42	WLD-EUR WLD-EUR	bitvavo	B	0.3694EUR	-1,10%	3.805.528,35WLD	3.949	0.3735EUR	0.3838EUR
43	WLD-USDT WLD-USDT	bingx	D	0.4245USDT	-1,14%	3.081.693,62WLD	89.165	0.4294USDT	0.4408USDT
44	WLD-KRW WLD_KRW	coinone	C	576,50KRW	-2,29%	2.568.650,97WLD	3.551	590,00KRW	602,00KRW
45	WLD-USDT WLD_USDT	p2pb2b	D	0.4251USDT	-1,00%	2.292.084,80WLD	97.937	0.4294USDT	0.4410USDT
46	WLD-TRY WLDTRY	btcturk	E	20,36TRY	-1,31%	2.019.507,70WLD	2.152	20,63TRY	21,27TRY
47	WLD-USDT WLD_USDT	bitunix	C	0.4251USDT	-1,00%	2.074.324,50WLD	31.102	0.4294USDT	0.4409USDT
48	WLD-USDC WLD_USDC	p2pb2b	D	0.4248USDC	-1,07%	1.974.864,80WLD	13.726	0.4294USDC	0.4410USDC
49	WLD-USDT WLD_USDT	bydfi	-	0.4220USDT	-1,63%	2.007.380,30WLD	17.551	0.4290USDT	0.4410USDT
50	WLD-USDT WLDUSDT	mexc	C	0.4204USDT	-2,12%	1.656.966,75WLD	3.185	0.4295USDT	0.4410USDT