Worldcoin is giving out more than 60% of its $WLD tokens to people through something called User Grants. People who get verified through the orb process get rewards, like a Welcome Grant that’s worth 1 $WLD when they’re verified. They also receive Recurring Grants every so often, which are initially 25 $WLD, but the amount goes down over time. continue reading this post to know more.
Worldcoin is a groundbreaking project that aims to establish itself as the world’s foremost identity and financial public network, designed to be accessible to individuals worldwide, irrespective of their nationality, background, or economic status. The initiative, which has been in development for the past several years, strives to offer a universal, authenticated identity to every individual. Its primary objective is to facilitate global economic inclusion by extending a novel digital token to billions of people, even those lacking official documentation or legal identification.
At the heart of Worldcoin’s vision lies the concept of a distinct, verified identity for each participant. This distinctive identification, termed a “World ID”, is attainable only by individuals deemed genuine humans through a distinctive authentication process. To secure a World ID, individuals are required to register and undergo an in-person iris scan, performed using a specialized device called an ‘orb.’ This innovative approach to identity verification is anchored in the belief that biometric data can effectively differentiate between human beings and Artificial Intelligence systems, thus mitigating the risk of duplicate IDs. Once the orb completes a successful iris scan, confirming the person’s human status, a unique World ID is generated.
This innovative process aims to harness biometric information to establish a clear distinction between real individuals and AI entities. Moreover, this approach enables the utilization of the World ID as an anonymous form of identification across various everyday applications, including cryptocurrency wallets, all the while safeguarding the user’s privacy.
Worldcoin’s multifaceted undertaking comprises three key elements: the World ID, serving as a digital identity for verifying an individual’s distinct personhood; the Worldcoin token (WLD), which functions as the project’s native cryptocurrency; and the World App, a platform that facilitates global payments, purchases, and transfers using both digital assets and traditional currencies. Notably, acquiring a World ID through the orb scanning process is not obligatory for accessing the World App or utilizing the tokens. However, Worldcoin offers compelling incentives to encourage individuals to opt for this identity verification method, thereby enhancing the appeal of the World ID initiative.
How to Join:
- Click here and Visit their website, and download the app from the play store or app store.
- Now register yourself using your phone number (Important: Make sure to back up your account to avoid any risk of losing access).
- Now click on “Reserve Grant” to get up to 25 $WLD tokens worth up to 50$ (You have the opportunity to receive a grant of up to 25 $WLD each week. However, please note that this amount may decrease as time goes on).
- You can Redeem your earned $WLD Tokens after you create your World ID by visiting the Nearest Orb.
*Note*: In order to withdraw your $WLD tokens, you will need a World ID. You can create one by visiting the nearest Orb. (To check if Orb is available in your country, please Click Here). After verifying your World ID, you will be rewarded with a Welcome Grant of 1 $WLD token. Additionally, you can also receive Recurring Grants periodically, beginning with the Genesis Grant which is valued at 25 $WLD every week, but will decrease gradually over time. Even if you haven't verified your World ID, you can still claim your weekly grant and redeem it later once you have been verified. $WLD is already listed on major DEXs. As of August 6, 2023, the WLD token is currently being traded at $2.03 according to CoinMarketCap.
Disclaimer: Please do your own research (DYOR) before joining to any airdrops project. also airdrop is 100% free. Don’t send any money for receiving airdrop tokens. Also we don’t recommend you to invest in any new projects, just join airdrop for free.
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