Worldcoin Project Launched! Here’s What You Need to Know!

• The Worldcoin Project is now live and has unveiled its WLD token and mainnet.
• Developers are now granted access to Worldcoin’s software development kit (SDK).
• Alongside the launch, Worldcoin is completing its migration to the Optimism network and amplifying the availability of the Orb device globally.

The Worldcoin Project Is Live Now!

In an exhilarating advancement, Sam Altman’s crypto initiative Worldcoin unveiled its WLD token and mainnet, as per their announcement made on Twitter this Monday. Anticipation was sky-high over the weekend after a series of suspenseful tweets, with Semafor first bringing this exciting news to the public.

Access For Developers

Developers are now granted access to Worldcoin’s software development kit (SDK). The beta version of this kit allows the creation of unique tools and apps utilizing the project’s innovative identity protocol. To become fully verified, users are required to have their irises scanned by Orb, a custom-made device that generates a unique identifier from human irises without locally processing or storing any related data.

Token Transformation

Beta tokens will get converted into useable tokens within the World App or can be taken out elsewhere according to Tiago Sada, head of product engineering & design at Tools for Humanity. The token is modelled after Ethereum ERC-20 design but it remains unclear if exchanges will list it yet.

Into The Orb

Alongside the launch, Worldcoin is completing its migration to Optimism network – a Layer 2 scaling solution for Ethereum – as well as amplifying global availability of Orb devices which scan users‘ eyes for authentication purposes. So far only 200 Orbs have been made publicly available.

Conclusion

Worldcoin’s successful launch marks an important step in their journey towards becoming a major player in cryptocurrency market; developers now have all they need to build upon their innovative blockchain technology while users can take advantage of secure authentication protocols through scanning their irises with Orbs devices.