Worldcoin company info

What does Worldcoin do?

Worldcoin (CRYPTO:WLD) stands as an ambitious decentralized digital identity and financial network, striving to provide individuals worldwide with a digital identity and a stake in the global economy, irrespective of their background, location, or income. Central to this vision is the Worldcoin token (WLD), a cryptocurrency enabling access to a range of services within the Worldcoin network. Worldcoin introduces a distinctive onboarding process, Proof of Personhood, which serves as a decentralized method for verifying the uniqueness and authenticity of individuals. Users engage in this process by scanning their iris with a Worldcoin Orb, a device provided to users free of charge. Once identity verification is complete, users can establish self-sovereign Worldcoin digital identities, ensuring full control over their identity data. These digital identities enable access to an array of services on the Worldcoin network, spanning financial services, social media platforms, and online marketplaces. Worldcoin's growth doesn't stop here, as it's actively engaged in expanding its ecosystem. Projects like a decentralized exchange (DEX) and a mobile wallet are in development, aimed at facilitating seamless cryptocurrency trading and storage for users. The overarching goals of Worldcoin include providing universal digital identities, redistributing the global economy, and creating a more inclusive and accessible internet. With a dedicated team and a burgeoning community, Worldcoin is well-positioned to influence the future of the internet and the global economy, marking it as a promising project with considerable potential.
Worldcoin company media

Company Snapshot

How many people does Worldcoin employ?

people

Employees

51-200

What is the market cap for Worldcoin?

bag

Market Cap

$1.01B

Where is the head office for Worldcoin?

location pin

Head Office

San Francisco, CA

What year was Worldcoin founded?

founded flag

Year Founded

2019

What does Worldcoin specialise in?

/a16z Portfolio /Blockchain Capital Portfolio /Ethereum Ecosystem /Governance /Identity /Optimism Ecosystem /Privacy /Token /World Chain Mainnet Ecosystem /Zero Knowledge Proofs

What are the products and/or services of Worldcoin?

Overview of Worldcoin offerings
Data sharing: Worldcoin is working on a decentralized data sharing platform. This platform will allow users to share their data with other users in a secure and controlled manner.
Digital identity: Worldcoin provides users with a digital identity that they can use to access services on the Worldcoin network and other online platforms. Worldcoin digital identities are self-sovereign, meaning that users have complete control over their own identity data.
Financial services: Worldcoin is working on a variety of financial services, including lending, borrowing, and investing. These services will be powered by the Worldcoin token (WLD).
Online marketplaces: Worldcoin is working on a decentralized online marketplace. This marketplace will allow users to buy and sell goods and services without the need for a central intermediary.
Social media: Worldcoin is working on a decentralized social media platform. This platform will allow users to connect with each other and share content without being subject to censorship or surveillance.
Universal basic income (UBI): Worldcoin is exploring the possibility of using its platform to distribute a universal basic income to everyone in the world. This would be a way to ensure that everyone has a share of the global economy.
Worldcoin is a promising project with a strong team and a growing community. It is well-positioned to play a significant role in the future of the internet and the global economy.