Worldcoin

What is World (WLD)?

World (formerly Worldcoin) is a decentralized identity and financial network designed to distinguish humans from AI in the digital age. Founded by Sam Altman and Alex Blania, the project utilizes the Orb—a custom biometric device—to verify “Proof of Personhood” through iris scanning. While Bitcoin provides a ledger for decentralized value, World provides the “Human Layer” for the internet, ensuring that digital resources and voting power remain in the hands of real people.

The network is currently undergoing its most significant evolution with the full migration to World Chain. This Ethereum Layer-2, built on the OP Stack, is the first blockchain designed to prioritize human transactions over bot activity. If you are tracking how L2 ecosystems scale to millions of users, our Arbitrum guide explores the optimistic rollup technology that paved the way for dedicated chains like World Chain.

World ID 3.0: Deep Face and Passport Credentials

In 2026, the ecosystem has expanded beyond the Orb with World ID 3.0. This update introduces World ID Credentials, allowing users to verify their humanity using NFC-enabled passports even before visiting an Orb. Additionally, World ID Deep Face has been launched to combat AI-generated fraud in real-time video calls. This focus on verifiable, private identity mirrors the “Data Sovereignty” goals of the JasmyCoin ecosystem, where protecting personal information from corporate silos is a top priority.

Technically, World Chain features Priority Blockspace for Humans (PBH), which ensures that verified users receive faster confirmation times and a gas allowance for free transactions. This architectural shift is a major talking point in the Ethereum vs Solana debate, as World creates a “VIP lane” for real people to protect them from high-frequency bot competition and MEV attacks.

WLD Tokenomics and Buyback Mechanisms

The WLD token serves as the native utility and governance asset of the World Network. In 2026, the protocol has implemented a Buyback and Burn mechanism where revenue from enterprise API usage and non-human gas fees are used to reduce the circulating supply. This deflationary pressure is designed to offset the ongoing distribution of “World Grants” to new users. This supply management strategy is similar to the mechanics found in the Pyth Network, where protocol revenue is used to align token value with network adoption.

Securing Your World ID and Assets

With the launch of the World App 3.0 “Super App,” users can now manage mini-apps, vaults, and personal credentials in one place. Because your World ID is stored locally on your device using zero-knowledge proofs, choosing the right types of crypto wallets and maintaining a secure backup is essential. Protecting your “Proof of Personhood” is the only way to ensure continued access to universal basic income (UBI) grants and prioritized network services.