Worldcoin Beginner’s Guide: Open-Source Protocol Leading the Global Economy

Beginner6/20/2025, 3:36:35 AM
Worldcoin is a decentralized open-source protocol aimed at helping everyone access the global economy equally. This article combines the latest prices and development trends to explain the core values and entry points of Worldcoin for Newbies.

What is Worldcoin


Figure:https://world.org/

Worldcoin is a project initiated by OpenAI co-founder Sam Altman and others, positioned as a decentralized digital identity and token system. Through the biometric device “Orb,” users can anonymously generate a unique digital identity and receive a certain amount of WLD tokens. The protocol is fully open source, meaning anyone can view, verify, or even participate in development, with the ultimate governance rights belonging to the community users.

The core features of Worldcoin

  1. Decentralized Digital Identity (DID): Generate a unique World ID by scanning the iris with the Orb device, ensuring that user privacy is not controlled by centralized institutions.
  2. Open source protocol: The protocol code is hosted on the public chain, and any developer can contribute code or deploy branches.
  3. Community Autonomous Governance: In the future, it will adopt the DAO form, where token holders collectively propose and vote to determine the project’s direction.
  4. Inclusive Distribution: The first round of token issuance will airdrop to all verified users globally, emphasizing fairness and inclusiveness.

Latest price and market performance


Figure:https://www.gate.com/trade/WLD_USDT

As of June 20, 2025, the price of WLD tokens is approximately $0.93, up about 3% in the last 24 hours, and down about 14% over the past week, with a latest market capitalization of about $1.52 billion. Although there have been fluctuations in recent prices, they remain in a low range since the initial launch, providing a good entry opportunity for Newbies.

How to participate in the Worldcoin ecosystem

  1. Claim World ID: Go to the official designated Orb scanning point to complete iris verification, and you can generate World ID for free.
  2. Claim WLD airdrop: After completing verification, connect a supported wallet (such as MetaMask) to receive the initial airdrop tokens.
  3. Participate in community governance: After holding WLD, you can submit proposals on the official website or participate in DAO voting to collectively decide on funding, technology, and market strategies.
  4. Join Eco Applications: Currently, several DeFi and Web3 projects have integrated with the Worldcoin protocol, allowing users to participate in activities such as staking and liquidity mining using WLD.

Risk Warning and Investment Advice

  • Price volatility risk: The WLD price is significantly affected by overall market sentiment and may experience severe fluctuations in the short term.
  • Technical and regulatory risks: Biometric privacy and the implementation of decentralized governance face technical and regulatory challenges.
  • Asset Security: Be sure to use the official wallet, properly safeguard your private key, and do not trust third-party phishing links.
  • Suggestion: Newbies can first receive airdrops, try trading and participating in governance in small batches, and rationally allocate asset proportions.
Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Worldcoin Beginner’s Guide: Open-Source Protocol Leading the Global Economy

Beginner6/20/2025, 3:36:35 AM
Worldcoin is a decentralized open-source protocol aimed at helping everyone access the global economy equally. This article combines the latest prices and development trends to explain the core values and entry points of Worldcoin for Newbies.

What is Worldcoin


Figure:https://world.org/

Worldcoin is a project initiated by OpenAI co-founder Sam Altman and others, positioned as a decentralized digital identity and token system. Through the biometric device “Orb,” users can anonymously generate a unique digital identity and receive a certain amount of WLD tokens. The protocol is fully open source, meaning anyone can view, verify, or even participate in development, with the ultimate governance rights belonging to the community users.

The core features of Worldcoin

  1. Decentralized Digital Identity (DID): Generate a unique World ID by scanning the iris with the Orb device, ensuring that user privacy is not controlled by centralized institutions.
  2. Open source protocol: The protocol code is hosted on the public chain, and any developer can contribute code or deploy branches.
  3. Community Autonomous Governance: In the future, it will adopt the DAO form, where token holders collectively propose and vote to determine the project’s direction.
  4. Inclusive Distribution: The first round of token issuance will airdrop to all verified users globally, emphasizing fairness and inclusiveness.

Latest price and market performance


Figure:https://www.gate.com/trade/WLD_USDT

As of June 20, 2025, the price of WLD tokens is approximately $0.93, up about 3% in the last 24 hours, and down about 14% over the past week, with a latest market capitalization of about $1.52 billion. Although there have been fluctuations in recent prices, they remain in a low range since the initial launch, providing a good entry opportunity for Newbies.

How to participate in the Worldcoin ecosystem

  1. Claim World ID: Go to the official designated Orb scanning point to complete iris verification, and you can generate World ID for free.
  2. Claim WLD airdrop: After completing verification, connect a supported wallet (such as MetaMask) to receive the initial airdrop tokens.
  3. Participate in community governance: After holding WLD, you can submit proposals on the official website or participate in DAO voting to collectively decide on funding, technology, and market strategies.
  4. Join Eco Applications: Currently, several DeFi and Web3 projects have integrated with the Worldcoin protocol, allowing users to participate in activities such as staking and liquidity mining using WLD.

Risk Warning and Investment Advice

  • Price volatility risk: The WLD price is significantly affected by overall market sentiment and may experience severe fluctuations in the short term.
  • Technical and regulatory risks: Biometric privacy and the implementation of decentralized governance face technical and regulatory challenges.
  • Asset Security: Be sure to use the official wallet, properly safeguard your private key, and do not trust third-party phishing links.
  • Suggestion: Newbies can first receive airdrops, try trading and participating in governance in small batches, and rationally allocate asset proportions.
Author: Max
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.
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