Product Name: WorldCoin

Product Introduction:
Worldcoin (now renamed World Network, or simply World) is a highly controversial and extremely ambitious crypto project, co-founded in 2019 by OpenAI CEO Sam Altman, with Tools for Humanity as its main company.
The project's most fundamental mission is to build the world's largest-scale identity + financial network as public infrastructure, giving ownership to as many people as possible. It mainly addresses two major future problems:
As AI becomes increasingly powerful, distinguishing between “real people” and “AI agents” online is becoming extremely difficult. Worldcoin hopes to become the “human credential layer” of the new internet era. In the future, many scenarios (social media, voting, airdrops, UBI, paid content, anti-cheating, etc.) may all require proof that “I am a real person.”
By freely distributing cryptocurrency (WLD) to users worldwide, it hopes to provide humanity with an inclusive initial wealth distribution method in an era where AI may cause massive unemployment (similar to some kind of universal basic income experiment).
- Orb (sphere scanner): The project's most iconic hardware, like a metal ball with lights. Users go to an Orb to scan their iris (only scanning iris texture, not storing photos), generating a unique World ID. → Using Zero-Knowledge proof technology to ensure privacy (the system only knows “this iris is unique and has not been registered before,” and does not retain reversible biometric data).
- World ID: Your digital human identity, currently mainly used to prove “one person, one share,” and planned to become a login/authentication method for various applications in the future.
- World App: The wallet app, supporting WLD transfers, payments, and viewing identity status, and has recently added features such as encrypted chat.
- World Chain: A dedicated Layer 2 blockchain based on Ethereum, optimized for “verified humans,” with continued development throughout 2025-2026.
Uses include network incentives, governance, paying Gas fees, developer grants, and more. Most WLD is claimed for free by users after scanning their iris (in the early days, many regions distributed WLD worth tens to hundreds of dollars to attract users). As of February 10, 2026, the price was fluctuating in the range of $0.38–0.40 (the all-time high once exceeded $11), with a mid-to-lower market cap, a relatively large circulating supply, and is often affected by unlocks, the macro market, and Altman-related news.
Verified users (verified humans) exceed 17 million, and total World App users are approaching 38 million (with growth mainly in developing countries and emerging markets). Developers receive about $300,000 per month in grants through WLD. Continued advancement of privacy technology upgrades (AMPC, etc.) and World Chain scaling. Recent price volatility is related to OpenAI rumors (rumors that OpenAI might use World ID for a bot-free social platform or biometric verification), causing short-term surges and crashes. The project has postponed some token unlocks to give development more time. By the end of 2025, it had achieved significant growth, and in early 2026 it continued to expand into European and Asian markets, partnering with Match Group, Razer, and others to advance the application of World ID in social media, gaming, and other fields.
- Privacy and data security: The iris is extremely sensitive biometric information; although it claims not to store original images, it is still questioned by many countries/organizations. - Regulation: Several countries (including Kenya, the UK, Spain, India, etc.) have suspended or investigated Orb operations. - Centralization accusations: Early on, it was highly controlled by Sam Altman's team, and the foundation's decentralization process has been slow. - Economic model: Massive free token distribution → high inflationary pressure, with long-term value sources depending on the actual adoption level of the identity network.
In one sentence:
World Network is a global identity network experiment that uses the iris to prove “I am a real person,” while also attempting to become the “human pass” of the AI-era internet and potential UBI infrastructure. It is still in an early stage of high risk, high controversy, and high imaginative potential.
If you are interested in topics like privacy, the future of AI, biometrics, and UBI, this project is indeed one of the most radical and most discussed attempts at present, but participation requires great caution.
Product Content:
① Account-opening tutorial provided
② Can use a passport or ID card (domestic) and phone number verification (domestic)
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