World
World is a company.
About
World develops a protocol for anonymous proof of personhood, establishing a global identity and financial network. Its core product, World ID, verifies unique individuals online, supported by the World App and a human-centric blockchain, World Chain. A digital token, Worldcoin, facilitates network participation, aiming to differentiate humans from AI and distribute economic benefits from this new technological age.
Co-founded by Alex Blania and Sam Altman, World emerged from the ambition to create a universally accessible identity and financial network. Their key insight focused on the increasing need to distinguish human activity from bots online as artificial intelligence advances, thereby ensuring humanity benefits from this technological progress.
Millions of individuals across 160 countries utilize World's offerings to secure their digital identity. The company envisions a future where its platform prioritizes humans online, fostering inclusive participation in the digital economy and equitable distribution of advantages from artificial intelligence.
Financial History
World has raised $25.0M across 1 funding round.
Leadership Team
Key people at World.
Frequently Asked Questions
What problem was Worldcoin founded to solve?
Worldcoin was founded with the mission of creating a globally-inclusive identity and financial network, owned by the majority of humanity. It aims to address the internet's 99% bot problem by providing a verifiable digital identity for unique humans, distinguishing them from AI and bots online.
What is Worldcoin's core business model or offering?
Worldcoin's core offering combines a digital identity verification system, World ID, with a cryptocurrency, WLD, which is an ERC-20 token built on the Ethereum blockchain. Users can obtain a World ID by scanning their iris with a device called 'The Orb,' and some are given WLD tokens, a distribution mechanism inspired by universal basic income discussions.
What is Worldcoin's funding status?
Worldcoin has secured substantial funding through several rounds, including a Series A of $5.80M and $199.97K on February 12, 2021, a Series B of $72.27M on March 11, 2022, and a Series C of $115.37M on May 25, 2023. Additionally, it raised $135 million in a private token sale.
What technology underpins Worldcoin's operations?
Worldcoin's technology stack includes its native cryptocurrency, WLD, which operates as an ERC-20 token on the Ethereum blockchain. A key component is 'The Orb,' a biometric imaging device used for iris scanning to verify unique human identities for the World ID.
Who are Worldcoin's target users?
Worldcoin aims to create a global network for all humans, intending to bring identity, finance, and community to everyone worldwide. It targets individuals globally who wish to prove their unique humanity online and participate in a new financial system.