Worldcoin will mint and distribute Worldcoin tokens (WLD) to qualified users participating in the testing version, and now they are tradable on the blockchain.
Foresight News exclusive, the Worldcoin Foundation subsidiary, World Assets, is set to mint and distribute Worldcoin tokens (WLD) to millions of eligible users participating in the testing phase. The WLD tokens are now tradable on-chain. Additionally, Tools For Humanity has launched a new version of the World App, the first protocol-compatible wallet where individuals can store WLD.
The Worldcoin protocol comprises three main components: World ID, Worldcoin tokens (WLD), and the World App. World ID is a privacy-focused digital identity, WLD is a digital currency distributed freely to individuals, and the World App is an application compatible with World ID, enabling global payments, purchases, and transfers using both digital assets and fiat-backed stablecoins.
Worldcoin protocol, World ID, WLD tokens, and the World App are now accessible globally, where allowed by law. The Orb-verified World ID services are expected to expand to over 35 cities in the coming months. Initially, these services will be available for a limited time in cities such as Dubai, Hong Kong, London, Los Angeles, Mexico City, Miami, New York, Paris, San Francisco, São Paulo, Seoul, Singapore, and Tokyo. Tools for Humanity’s World App is available on the App Store and Google Play in over 120 countries.