Worldcoin (WLD) is a global digital identity network built on zero-knowledge proofs, allowing users to privately verify their identity online ("Proof of Personhood"). To participate, users download the World App wallet and obtain their World ID by verifying through Orb, a physical imaging device that uses multispectral sensors to confirm uniqueness through iris scans. The project's mission is to establish the largest identity and financial network, granting digital identity ownership and financial access to everyone. Users verified via World ID can regularly receive WLD token rewards.
WLD recorded a price decrease of 3.47% in the last 24 hours and at the time of writing, ranking among today’s losing assets.
The decline in WLD’s price may be due to investor concerns triggered by China's Ministry of State Security’s recent statement criticizing biometric data collection practices associated with Worldcoin.
