Worldcoin, now known as World, is a global digital identity and cryptocurrency project initially developed in 2019 and officially launched on July 24, 2023. The project was co-founded by Sam Altman, Alex Blania, and Max Novendstern through Tools for Humanity, a technology company with headquarters in San Francisco, California, United States, and Munich, Germany. Worldcoin was created to establish a global identity and financial network designed to help people prove they are unique human beings in an increasingly AI-driven digital world. Its ecosystem combines biometric verification technology, digital identity solutions, and blockchain-based financial services to expand access to the global digital economy.
Worldcoin belongs to the cryptocurrency, blockchain technology, digital identity, and decentralized finance sectors. Its ecosystem includes the Worldcoin token (WLD), World ID, World App, and World Chain, which support digital transactions, human verification, and blockchain-based applications. World ID uses privacy-focused verification technology, including the Orb device, to help individuals demonstrate that they are unique humans online without routinely revealing their real-world identities. The World Foundation serves as the project’s steward, while Tools for Humanity continues to contribute technology and operational support. By combining cryptocurrency with digital identity infrastructure, World aims to improve online trust, reduce bot-related activity, and broaden participation in digital financial services.
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