World (Worldcoin) New

Active
- WLD launched July 24, 2023; renamed World in Oct 2024; US launch May 2025
- Suspensions/investigations in many countries (Kenya, Spain, Portugal, Indonesia, Brazil, etc.)
- Daily WLD emissions cut ~43% in July 2026

World (formerly Worldcoin) combines World ID, a proof-of-personhood credential issued after an iris scan by an "Orb", with the WLD token. Where regulators allow it, verified humans receive recurring WLD user grants. The founders present it as a possible route to AI-funded UBI.

Blockchain

World Chain (OP Stack L2); originally Ethereum/Optimism

Social identity

- Iris biometrics via the Orb produce a World ID
- Privacy-preserving ZK proofs; iris codes stored with secure multi-party computation
- Passport NFC credential as an extra tier

Social mining

- User grants to verified humans: ~40 WLD for Orb verification, paid monthly over a year; ~20 WLD for a passport credential
- Grant sizes shrink over time

Token economics

- 10B WLD total supply; 75% for the community (the Foundation targets 60%+ to users), 25% to investors and team
- ~1.3B WLD circulating (April 2025)
- Market-priced, volatile token (not a stablecoin)

Governance

Worldcoin Foundation (Cayman); Tools for Humanity develops the tech; WLD governance planned

Verified users
12M+ Orb-verified (April 2025); 33M World App users / ~15M verified (Sept 2025)
Key people

Sam Altman
Alex Blania
Max Novendstern

Locations
San Francisco
Munich
Worldwide (Orbs in 20+ countries)
Notes

- Criticised over biometric privacy and paying people to register
- The grant is not an unconditional UBI in all countries (restricted in the US and elsewhere)