Now the WorldCoin project has opened the wallet World App, which is linked with World ID to realize various functions. Now you can get WordlCoin tokens after passing the verification.
It is understood that users from eligible countries/regions can use World App to obtain Worldcoin tokens for free every month after verification. During the testing phase, Worldcoin tokens will be distributed on a weekly basis and will be distributed monthly after the tokens are expected to go online in the future.
If you have an iris recognition device Orb, you can apply for certification
According to official instructions, there are currently 3 cryptocurrency background tests in the World App, namely BTC, ETH, and DAI. After completing the test, you can get a cryptocurrency reward equivalent to 9 US dollars. However, because China has not yet opened the World ID verification, so completing the test It cannot be claimed after the test, but 176,000 users around the world have claimed it.
It is still in the early testing stage of the project, so you must pay close attention to Opan AI’s project!
Introduction to WorldCoin
Project official website: worldcoin browser search
Worldcoin is a Crypto project founded by Sam Altman in 2020, hoping to create an open source protocol for global financial fairness and inclusiveness. It said it would airdrop tokens to one billion people!
According to a report by the McKinsey Global Institute, there are currently more than 4.4 billion people who do not have legal identities or cannot verify their identities digitally. Worldcoin’s vision is to build the world’s largest and fair digital identity and digital currency system, which scans The iris of every person’s eyeball on the planet enables identity authentication, and millions of people’s eyeballs have been scanned so far.
Worldcoin is in the testing phase and is expected to be launched on the mainnet in the first half of 2023. It is raising US$120 million at a valuation of US$3 billion. There are two entities behind it: Worldcoin Foundation and Tools for Humanity. The Worldcoin Foundation is used to support and To develop Worldcoin ecology and community building, Tools for Humanity is a technology company that aims to ensure a more just economic system and is also the actual development body of Worldcoin.
About Sam Altman
Sam Altman is the CEO of OpenAI
The famous ChatGPT is a product of OpenAI
About World App
Introducing: The first Worldcoin wallet designed to bring digital identity and global finance to everyone.
World App, the first wallet for the Worldcoin ecosystem, launches today. Its design is user-friendly, and it supports private digital identities and new financial systems. You can use it to authenticate with World ID to prove you're a real person, get your Worldcoin tokens and send digital currency anywhere.
After extensive development and beta testing in a handful of countries, we’re excited to share the first phase of World App, making it available globally for the first time. Over time, it will evolve into a toolkit that empowers individuals in the age of AI, enabling proof of identity, equitable global distribution of digital currency, and ultimately a path to an AI-funded UBI.
download link:
Highlights and advantages:
**Designed for Everyone:**World App is a different kind of wallet. It doesn't support every token or feature cryptography has to offer, and it doesn't expose every possible configuration. Instead, it was designed by TFH to focus on some of the key features of Worldcoin and Ethereum to keep it simple and familiar so that anyone can use them.
**Linkage with World ID for proof of identity (KYC):** It starts with World ID, your human passport to access new online services. Verify it privately with Orb, then use it to log in seamlessly to websites, mobile apps, and encrypted dapps, proving you're a unique and authentic person without having to share personal data like your name or email address.
**Apply for Worldcoin Grants: **It can also be used by people in eligible countries to receive Worldcoin Grants* every month. The app will alert you when new grants are available, and you can apply using your verified World ID.
**SAVE AND SEND DIGITAL CURRENCY: **Store digital dollars using your wallet, with multiple options to deposit and withdraw using your bank account, local payment methods, or a nearby agent. You can also instantly send them to friends or family around the world using their phone contact details or encrypted address for free.
**Explore and use cryptocurrencies: **Learn about Ethereum and Bitcoin (more coins coming soon) and earn some in the process. Track your balance, get notified of major changes, and easily trade with decentralized exchanges.
Faster, safer and more powerful:
Previously, a global identity and financial application took decades to build and thousands of people to maintain. However, with Ethereum’s composability, World App can programmatically mix and match open protocols and APIs, making this a reality today.
World App Wallet uses account abstraction through SAFE contracts to improve security and simplicity. Peer-to-peer payments support ENS usernames for more user-friendly ERC-20 transfers. Token trading is available through the Uniswap protocol. Circle’s USDC gives users around the world always-online access to a fully supported digital dollar. Frictionless deposits and withdrawals are supported by authorized partners around the world, including Ramp and MoonPay. The beta version is currently running on Polygon, and thanks to the community's work on EIP-4844, the full version will be running on Ethereum Rollup.
Personality Proof supports additional features to enhance accessibility. Verified World ID holders can enjoy gas-free transactions, peace of mind transfers to verified users, access learning to earn courses and contact priority 24/7 chat support in English, Spanish and Portuguese.
**Fully open source and for the masses:** World App requires no personal information and any data you choose to share within the app can be deleted with the click of a button. As a client of World ID, World App also runs all required cryptography locally to fulfill the protocol's privacy promises. Importantly, World ID and wallet keys are self-storing, and users can choose to back up their keys (encrypted) to Google Drive or iCloud for syncing and recovery.
The native iOS and Android apps are also carefully designed to maximize inclusivity. They are approximately 18MB in size, which is 5 times smaller than the industry average. They're localized into multiple languages and support the world's most active smartphones (98.2% of Androids and 94.5% of iPhones, to be exact), including some that are over 10 years old.
Several components have been open sourced, and more will be open sourced in the coming months.
What to expect in the future:
Since its debut, 1.5 million people have joined the World App pre-launch, with more than 500,000 using it every month. On a typical day, it sees about 60,000 transactions and 25,000 World ID checks from more than 100,000 people in a handful of countries, among other operations. Today, we’re excited to launch the first phase of the World App and launch it globally for the first time.
Achieving Worldcoin’s mission of making the global economy accessible to everyone will require many teams to innovate on various wallets for different use cases and users. We are excited about the role World App plays in this journey, providing a different kind of simple yet powerful tools uniquely powered by decentralized technology to solve privacy-preserving identity issues, including identity Attestation, access to internet-native financial services, equitable global distribution of digital currencies, governance of public goods, and ultimately the path to an AI-funded UBI.