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About Worldcoin: Vision, functionality, Token Information, and How to participate

23-05-17 11:08
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Original source:@GmerDao 


The floor soared today.@worldcoin  Memorial NFT popular network, but still some friends do not know what this is a project. I'm going to write a comprehensive long thread to help you understand it better:


1. Introduction to Worldcoin project


2. Introduction of World ID, World APP and token


3. Details of World App


4. What can we do


5. Useful links


Introduction to the Worldcoin project


Worldcoin was created by OpenAI founders.@sama  Founded the crypto project. Since most people in the world cannot verify their identity through digital means, worldcoin's vision is to build the largest and fair digital identity and currency system in the world. To help everyone access the global financial system.


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Worldcoin is mainly composed of three parts: identity ID, global currency and bearer wallet


-World ID: Privacy protection digital identity, proof of unique identity

-Worldcoin Token: A token distributed free to people worldwide for utility and future governance

-World App: Fully self-hosted app that can make payments, purchases and transfers around the world using Worldcoin tokens, digital assets, stablecoins and traditional currencies


Project financing background:


Super luxury financing background: a16z, Coinbase, Multicoin Capital, 1confirmation and other well-known investment institutions participated in the investment; The founders of linkedin, SBF and Mirror; The founders of several Ethereum projects, Pokka, and the Web Foundation participated in the Angel Round. It has raised $125 million in two rounds and is seeking another $100 million.


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World ID, World APP, token introduction


World ID: The underlying identity protocol, supported by zero-knowledge proof, completes personality proof while maintaining high privacy. A person's uniqueness is verified by a unique biometric device, the Orb (scanning iris). Basically, scan your eyes in front of the orb and get your ID.


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Let's start with tokens


The white paper is expected to be released in about two months

Token name: $WLD, total 10 billion

Token economics:


A fixed supply of 8 billion tokens for the community (us)

The $1 billion will be used to fund the Worldcoin agreement over the long term, including developer grants

One billion will be provided to the contributors to the agreement, the investors


Release Date: No $WLD has been released.

The release is expected before the end of June.


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World APP:


ID and coin carrier.


We can use the World APP to create ID accounts, generate wallets, transfer money, purchase Crypto, and receive WLD& BTC, apply for Grants, go to CEX and trade. There will be more features in the future. Current partners are:@Uniswap@ensdomains@circle@safe@moonpay@RampNetwork.


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World App Details:


Registration link:https://worldcoin.org/download-app   


Mobile phone download app


worldcoin


Below I would like to share with you my registration process, and share the screenshot:


1. Download the world app


2. Create an account and remember to back up your password


3. Mobile phone verification and iris verification


4. Collect your airdrop token after passing.$WLD  One. One airdrop per week, then possibly every month. It's early days


5. Participate in the weekly task, nine weeks in total, the first answer is easy, each completion of the task will give you $1 worth of btc


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The software interface is shown in the picture.


supplement


APP address currently only support horseshoe chain (beta version), the future will be in the main Ethereum network;


Transfer fee to usdc via name, mobile number, ens, address 0;


I just transferred this wbtc to an address, 0 commission, soon to the account;


Transfer page supports ens transfer;


WETH, WBTC, DAI, USDC, and Beta WLD are currently supported in the App, with more tokens and decentralized apps to come.


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What can we do


Find a way to do an iris scan, go to any discord channel and type /verify to get the role, and do the task when you get the airdrop;


Mint OP of NFT: https://optimism.decent.xyz However, the management has explained that the main network and OP commemorative NFT's role is only commemorative.


To keep an eye on into the DC: https://discord.gg/worldcoin


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Useful links:


Official documents: Very useful suggestions to look at:https://worldcoin.org/blog


Website https://worldcoin.org


Twitter: https://twitter.com/worldcoin 


Discord: https://discord.gg/worldcoin


Facebook: https://facebook.com/Worldcoin-102231972238962 


Instagram: https://instagram.com/worldcoin/


Telegram: https://t.me/worldcoin


Github: https://github.com/worldcoin 


LinkedIn: https://linkedin.com/company/worldcoinfoundation


Write in the end: I think this is a great project, how to bring more people in the world into cryptocurrency, and build a global digital currency system, enjoy decentralized finance, maybe Worldcoin  Will tell us in the future


Add a few points


There is no orb test site in China, and probably there will be none in the future.


After downloading the app order is to create an account, mobile phone number verification can also be skipped, and then out of a two-dimensional code is the need for iris verification, verification can be passed.


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