Worldcoin

Worldcoin December 5, 2023

Worldcoin

This is a self-assessment, meaning, it is information that the issuer has written themselves. The XRP Ledger Foundation does not recommend or endorse any individual token. Read more.

Basic information

Project name: Worldcoin
Currency: WLD (WLD)
Issuing account: rwoRLDJBzgZzB5SsHoXjYDmGMWgzDwtNkL
Distribution accounts: rwoRLDVAjuNbfzCU4Z9FLV73EkRwN4BbHQ

This is revision number 1, signed December 5, 2023 by rwoRLDJBzgZzB5SsHoXjYDmGMWgzDwtNkL

Description: Worldcoin is designed to become the world's largest digital identity and financial network, giving ownership to everyone. Worldcoin aims to provide universal access to the global economy no matter your country or background, establishing a place for every human to benefit in the age of AI.


Unique selling points: What makes this token unique, compared to the broader landscape of tokens?

Worldcoin was founded with the mission of creating a globally-inclusive identity and financial network, owned by the majority of humanity. If successful, Worldcoin could considerably increase economic opportunity, scale a reliable solution for distinguishing humans from AI online while preserving privacy, enable global democratic processes, and show a potential path to AI-funded UBI.


Purpose: What is the reason for issuing a new token, rather than using an existing? What purpose does this token serve, that is not possible with the native XRP token or other already existing tokens?

Worldcoin consists of a privacy-preserving digital identity network (World ID) built on proof of personhood and, where laws allow, a digital currency (WLD). Every human is eligible for a share of WLD simply for being human. World ID and WLD are currently complemented by World App, the first frontend to World ID and the Worldcoin Protocol, developed by the contributor team at Tools for Humanity (TFH).


Whitepaper/sales material: https://whitepaper.worldcoin.org/

The whitepaper includes concepts of how and when are the tokens created, total supply and if applicable the distribution models and total amount of allocation.


Risk reminder: The issuer has disclosed a warning or a reminder of the risks associated with crypto/tokens.


Bug bounty program: This is not applicable for this token.

Sovereign Entity

The self-assessment is made by a soverign entity (i.e. not a legal entity, such as a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).

Website: https://worldcoin.org/

Website information: The website should disclose the following information:
  • Contact information: e-mail and other contact information
  • Core team members
  • Whitepaper if available

The website contains relevant information.


Legal requirements: Legal requirements may vary per country and project. It is the responsibility of the legal entity to ensure legal compliance.

The issuer has assessed whether and what legal requirements apply to the project (licenses, jurisdictions, anti-money laundering regulations etc).

Self-assessment revisions
RevisionDate
Revision 1December 5, 2023