Who Owns Worldcoin? Founders and Shareholders (2023 Update)
What is Worldcoin?
How Worldcoin Works:
a privacy-preserving digital identity designed to help solve important, identity-based challenges, including proving an individual’s unique personhood.
Worldcoin token (WLD)
a token providing utility and giving users a say over the direction of the Worldcoin protocol. WLD is the first token to be globally and freely distributed to people just for being a unique individual.
an app that enables payment, purchases and transfers globally using digital assets and traditional currencies
Who Founded Worldcoin:
Worldcoin is a cryptocurrency and digital identity project co-founded by OpenAI CEO Sam Altman, Alex Blania and Max Novendstern.
Worldcoin is a decentralized open source protocol supported by a global community of developers, economists and technologists committed to expanding participation in, and access to, the global digital economy.
It is intended to become a public network, with ownership by everyone.
The Worldcoin Foundation is the initial steward of the protocol, and will support and grow the Worldcoin community until it becomes self-sufficient.
It will do this by facilitating decentralization of the project over time consistent with Worldcoin’s goals and mission-focused ethos.
Tools for Humanity (TFH) is a global technology company established to accelerate the transition towards a more just economic system.
It led the initial development of Worldcoin and operates the World App, but it has no other affiliation with and is governed entirely independently of the Worldcoin Foundation.
Over time, TFH will continue to develop important tools supporting Worldcoin and beyond. Tools for Humanity Corporation is a Delaware (U.S.) corporation headquartered in San Francisco, California.
It has a wholly-owned subsidiary, Tools for Humanity GmbH based in Erlangen, Bavaria, Germany. TFH has offices in San Francisco, Erlangen, and Berlin.
How do I sign up for World ID?
To sign up for World ID, follow these three steps:
Step 1: Download the World App from the App Store or Google Play in countries where it is available
Step 2: Follow the prompts to find a local Worldcoin Operator who can verify your unique personhood
Step 3: Receive your World ID in your World App and use it in a wide variety of everyday applications without revealing your identity