What Is Worldcoin (WLD) and How to Get, Invest, and Use It

·

Worldcoin (WLD) is more than just another cryptocurrency — it's a bold attempt to redefine digital identity and global financial inclusion using biometric verification and blockchain technology. Created in 2019 by Sam Altman, CEO of OpenAI, along with Max Novendstern and Alex Blania under the team Tools for Humanity, Worldcoin aims to establish a decentralized, human-verified network accessible to people worldwide.

Built on the Optimism Superchain — an Ethereum Layer-2 solution — WLD serves as the native token of the World Network, powering transactions, governance, and identity verification. With a total supply of 10 billion tokens, 75% are reserved for distribution via a unique "proof-of-personhood" system using iris-scanning devices called Orbs.

👉 Discover how blockchain is reshaping digital identity with next-gen tools.

How to Claim WLD: Registration, App Guide & Locations in Taiwan

To receive WLD tokens, users must prove they are unique human beings through a secure biometric scan. This process begins with downloading the World App and completing verification at a physical Orb station.

Step-by-Step Guide to Get Free WLD Tokens

Step 1: Download the World App

Available on both App Store and Google Play, the World App is your gateway to creating a World ID, managing WLD, and accessing Web3 services. After installation, grant camera and notification permissions for smooth operation.

Step 2: Register and Create Your World ID

Launch the app, select your region, and register using your phone number or email. Follow the prompts to set a password and begin the KYC process.

Step 3: Locate and Scan at an Orb Device

Use the “Find an Orb” feature in the app to locate the nearest scanning station. In Taiwan, verified locations include:

Once on-site, align your eyes with the Orb’s scanner. The device captures encrypted iris data to generate a unique World ID, confirming you're a real person without storing identifiable images.

Step 4: Claim Your Welcome Grant

After successful verification, users can claim up to 52 WLD tokens (valued around $1600 TWD depending on market rates). This initial grant unlocks access to various decentralized applications (DApps) within the ecosystem.

“The goal isn’t just to give away tokens — it’s to build a global network where every person has verifiable digital identity.”

Why WLD Stands Out: 5 Key Advantages

1. Low-Cost, Inclusive Identity Verification

Traditional KYC processes are slow and exclusionary. Worldcoin replaces them with a one-time biometric check via Orb devices. This lowers entry barriers for first-time crypto users and prevents bot abuse in airdrops or governance systems.

2. Backed by Top-Tier Talent and Capital

With Sam Altman at the helm and funding exceeding $250 million from renowned investors like Andreessen Horowitz and Khosla Ventures, WLD benefits from strong technical credibility and long-term financial support.

3. Fast & Affordable Transactions

Running on Optimism Layer-2, WLD enables near-instant transactions with minimal gas fees — often just cents. This makes microtransactions and frequent DApp interactions practical and cost-efficient.

4. Strong Exchange Listings and Liquidity

WLD is listed on major platforms including Binance, Coinbase, and OKX, with daily trading volume surpassing $110 million** and a peak market cap over **$1.4 billion. High liquidity ensures easy buying and selling.

As of now, over 1,500 Orbs operate across 23 countries, with more than 26 million users enrolled — signaling rapid global adoption.

👉 See how leading exchanges enable seamless access to emerging crypto assets.

5. Expanding Real-World Use Cases

World Network is actively partnering with major firms like Visa, Stripe, and Match Group (Tinder’s parent company) to explore:

These integrations could significantly increase demand for WLD as utility grows beyond speculation.

Investment Risks: 4 Critical Concerns to Consider

Despite its promise, investing in WLD comes with notable risks:

1. Privacy and Regulatory Scrutiny

Several jurisdictions — including the EU, Hong Kong, and Kenya — have raised concerns about biometric data collection. Some regulators have ordered temporary halts on Orb operations and demanded deletion of collected facial and iris data due to perceived overreach.

2. Centralization of Token Distribution

Although marketed as decentralized, approximately 25% of WLD tokens are held by founders and early investors. This concentration limits community control over key decisions like protocol upgrades or future airdrop policies.

3. Inflationary Pressure from Token Unlocks

The project hasn’t fully disclosed its token release schedule for remaining unclaimed or locked supplies. A sudden influx of tokens could lead to downward price pressure if sell-offs occur.

4. Irreversible Data Breach Risk

Unlike passwords, biometric data cannot be reset. If Orb systems were ever compromised — despite audits by security firm Trail of Bits — leaked iris patterns could pose lifelong privacy threats.

Frequently Asked Questions (FAQ)

Q: Is it safe to scan my iris for Worldcoin?
A: The Orb encrypts biometric data locally and converts it into a unique hash that cannot be reverse-engineered. No raw images are stored. However, some experts caution that any centralized storage of biometrics carries inherent risk.

Q: Can I claim WLD more than once?
A: No. Each person can only verify once using their biometrics. Attempting multiple claims violates the “one person, one identity” principle.

Q: Do I need to pay to use the Orb scanner?
A: No — scanning is completely free. Users only need to download the app and visit an authorized location.

Q: Where can I buy WLD if I can’t access an Orb?
A: WLD is available on major exchanges such as Binance, Coinbase, and OKX. You can purchase it directly without undergoing iris verification.

Q: Is Worldcoin legal in Taiwan?
A: Yes — while regulatory frameworks are evolving, there are no current bans on using or holding WLD in Taiwan.

How to Buy WLD Safely on a Trusted Exchange

While direct claims require physical verification, purchasing WLD on regulated exchanges offers a convenient alternative for global investors.

Platforms like OKX provide secure trading environments with deep liquidity, multilingual support (including Traditional Chinese), low fees, and robust security protocols such as cold wallet storage and Proof of Reserves.

👉 Start trading WLD securely with advanced tools designed for both beginners and pros.

Final Thoughts: Is WLD Worth Your Attention?

Worldcoin represents a pioneering fusion of biometrics, blockchain, and economic inclusion. Its vision of a globally accessible, bot-resistant digital identity system holds transformative potential — especially in areas where traditional ID systems are weak or non-existent.

However, privacy concerns and centralization risks mean cautious optimism is warranted. For those interested in Web3 identity innovation or early-stage crypto projects with real-world traction, WLD remains a compelling asset to monitor — whether through claiming free tokens or strategic investment.

Core Keywords: Worldcoin, WLD, Orb scanner, digital identity, biometric verification, Optimism Layer-2, decentralized identity, crypto investment