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Crypto Almanac Daily

Worldcoin

WLDRank #58
$0.3598+13.44%
Market cap
$1.30B
24h volume
$233.81M
24h high
$0.3701
24h low
$0.3148
Circulating supply
3,605,459,902 WLD
All-time high
$11.74
All-time low
$0.23
Max supply
10,000,000,000
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Worldcoin price chart

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WLD to USD

1 WLD = $0.36 · rate updated at load

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Overview

About Worldcoin

Worldcoin distributes tokens to people who prove they are unique humans by having their iris scanned by a dedicated device. The underlying problem — establishing that an online participant is a distinct person — is genuinely important, and the chosen method is genuinely contested.

Why proof of personhood matters

Almost every system for distributing anything fairly, voting, or resisting spam breaks down when one person can create unlimited identities. As generative models make synthetic accounts cheaper and more convincing, distinguishing unique humans online becomes harder and more valuable. This is a real problem, not a manufactured one.

How the verification is designed

A purpose-built device images the iris and generates a code intended to be unique, with the system designed so the underlying image need not be retained. The privacy claim rests on that construction, and it is the specific technical detail that any evaluation should examine rather than accept.

The objections are substantive

Regulators in several jurisdictions have investigated or restricted the collection, on grounds including whether consent obtained in exchange for tokens is meaningful, whether biometric data can ever be adequately protected, and whether the distribution targeted lower-income populations. These are not fringe concerns and several have produced formal action.

Irreversibility is the core asymmetry

A leaked password is changed. A compromised biometric is permanent — you cannot be issued new irises. That asymmetry means the standard of protection required is categorically higher than for other credentials, and it is the strongest argument the critics make.

What to weigh

An important problem addressed by a method that carries permanent personal consequences if the protections fail. Anyone considering participation should read the regulatory position in their own jurisdiction, which has varied considerably.

Reference

Technical data

ConsensusToken on Ethereum layer-2 infrastructure
Max supply10,000,000,000 WLD
Reference

Frequently asked

What is proof of personhood?

Establishing that an online participant is a unique human rather than one of many identities controlled by the same party — increasingly difficult as synthetic accounts become cheaper.

Does Worldcoin store iris images?

The system is designed so that a derived code is generated without retaining the underlying image. That construction is the basis of its privacy claim and is what evaluations should scrutinise.

Why have regulators objected?

On grounds including whether consent given in exchange for tokens is meaningful, whether biometric data can be adequately protected, and where collection was concentrated.