World (WLD)

System: World — Trusted Data, Identity and AI Outputs

World is a proof-of-human identity system for applications and smart contracts that need to verify that a user is real and unique without receiving personal identity data. World Chain mainnet launched in 2024 and is an OP Stack Layer 2 network using the Ethereum Virtual Machine and Ethereum for data availability and finality. The system boundary includes World ID credentials, Orb verification, World App/World ID Authenticator access, where material, WLD contracts, WLD Vault contracts, World Chain contracts, World Foundation, World Assets Ltd., Tools for Humanity and World Chain LLC. World Chain uses ETH, not WLD, as its gas token.

Market Data

Price$0.409985
Market Cap$1.44B
Fully Diluted Valuation$4.10B
30d Change-0.84%
365d Change-53.67%

Token Functionalities

Value Distribution

  • Direct Entitlement (Discretionary but Regular)

    Right to deposit WLD into WLD Vault and receive WLD rewards under the live reward mechanism. The WLD Vault position is a folded activation mechanism, not a separate receipt or vault token. Rewards accrue continuously and are distributed daily, but World Foundation can cancel the reward mechanism or change the reward rate, so the strength is Discretionary but Regular.

System Attributes

Operating Model

<p>World&nbsp;is&nbsp;a&nbsp;Hybrid&nbsp;system.&nbsp;It&nbsp;depends&nbsp;on&nbsp;off-chain&nbsp;components&nbsp;to&nbsp;deliver&nbsp;the&nbsp;current&nbsp;proof-of-human&nbsp;service:&nbsp;Orb&nbsp;devices,&nbsp;credential&nbsp;issuance&nbsp;workflows,&nbsp;World&nbsp;App/World&nbsp;ID&nbsp;Authenticator&nbsp;access,&nbsp;developer-account&nbsp;pathways,&nbsp;Tools&nbsp;for&nbsp;Humanity&nbsp;software&nbsp;and&nbsp;entity-operated&nbsp;support&nbsp;roles.&nbsp;The&nbsp;system&nbsp;also&nbsp;depends&nbsp;on&nbsp;on-chain&nbsp;components:&nbsp;World&nbsp;ID&nbsp;verifier&nbsp;contracts,&nbsp;WLD&nbsp;contracts,&nbsp;WLD&nbsp;Vault&nbsp;smart&nbsp;contracts,&nbsp;World&nbsp;Chain&nbsp;Layer&nbsp;2&nbsp;contracts,&nbsp;bridge&nbsp;contracts&nbsp;and&nbsp;fee&nbsp;contracts.&nbsp;The&nbsp;off-chain&nbsp;components&nbsp;are&nbsp;material&nbsp;because&nbsp;they&nbsp;produce&nbsp;or&nbsp;gate&nbsp;access&nbsp;to&nbsp;identity&nbsp;credentials,&nbsp;while&nbsp;the&nbsp;on-chain&nbsp;components&nbsp;are&nbsp;material&nbsp;because&nbsp;they&nbsp;verify&nbsp;proofs,&nbsp;transfer&nbsp;WLD&nbsp;and&nbsp;execute&nbsp;World&nbsp;Chain&nbsp;transactions.</p>

Value Creation

<p>World&nbsp;has&nbsp;Hybrid&nbsp;value&nbsp;creation.&nbsp;Off-chain&nbsp;value&nbsp;creation&nbsp;occurs&nbsp;through&nbsp;Orb&nbsp;hardware,&nbsp;user-device&nbsp;credential&nbsp;workflows,&nbsp;World&nbsp;App/World&nbsp;ID&nbsp;Authenticator&nbsp;software&nbsp;and&nbsp;credential&nbsp;issuance&nbsp;paths&nbsp;that&nbsp;let&nbsp;a&nbsp;user&nbsp;prove&nbsp;humanness&nbsp;and&nbsp;uniqueness.&nbsp;On-chain&nbsp;value&nbsp;creation&nbsp;occurs&nbsp;when&nbsp;smart&nbsp;contracts&nbsp;verify&nbsp;World&nbsp;ID&nbsp;proofs&nbsp;and&nbsp;when&nbsp;World&nbsp;Chain&nbsp;provides&nbsp;Layer&nbsp;2&nbsp;execution&nbsp;and&nbsp;inclusion&nbsp;capacity.&nbsp;World&nbsp;ID&nbsp;documentation&nbsp;describes&nbsp;a&nbsp;privacy-preserving&nbsp;protocol&nbsp;for&nbsp;proving&nbsp;that&nbsp;people&nbsp;are&nbsp;real&nbsp;and&nbsp;unique&nbsp;online,&nbsp;and&nbsp;World&nbsp;Chain&nbsp;documentation&nbsp;describes&nbsp;an&nbsp;OP&nbsp;Stack&nbsp;Layer&nbsp;2&nbsp;that&nbsp;prioritises&nbsp;verified&nbsp;human&nbsp;interactions&nbsp;through&nbsp;World&nbsp;ID&nbsp;integration.&nbsp;The&nbsp;identity&nbsp;service&nbsp;and&nbsp;Layer&nbsp;2&nbsp;blockspace&nbsp;service,&nbsp;therefore,&nbsp;use&nbsp;both&nbsp;off-chain&nbsp;production&nbsp;components&nbsp;and&nbsp;on-chain&nbsp;verification&nbsp;or&nbsp;execution&nbsp;components.</p>

Value Capture

<p>World&nbsp;has&nbsp;Hybrid&nbsp;value&nbsp;capture&nbsp;and&nbsp;routing.&nbsp;The&nbsp;off-chain&nbsp;side&nbsp;consists&nbsp;of&nbsp;World&nbsp;Foundation&nbsp;and&nbsp;World&nbsp;Assets&nbsp;Ltd.&nbsp;controlling&nbsp;market-valued&nbsp;WLD&nbsp;allocations&nbsp;and&nbsp;using&nbsp;those&nbsp;assets,&nbsp;or&nbsp;converted&nbsp;proceeds,&nbsp;for&nbsp;Orb&nbsp;manufacturing,&nbsp;Orb&nbsp;Operator&nbsp;rewards,&nbsp;uniqueness-service&nbsp;support,&nbsp;sequencer&nbsp;support&nbsp;and&nbsp;ecosystem&nbsp;participants.&nbsp;The&nbsp;on-chain&nbsp;side&nbsp;consists&nbsp;of&nbsp;WLD&nbsp;Vault&nbsp;smart&nbsp;contracts&nbsp;delivering&nbsp;WLD&nbsp;rewards&nbsp;to&nbsp;depositors&nbsp;and&nbsp;World&nbsp;Chain&nbsp;fee&nbsp;contracts&nbsp;collecting&nbsp;ETH&nbsp;transaction&nbsp;fees&nbsp;split&nbsp;between&nbsp;Layer&nbsp;2&nbsp;execution&nbsp;costs&nbsp;and&nbsp;Layer&nbsp;1&nbsp;security&nbsp;costs.&nbsp;WLD&nbsp;Vault&nbsp;rewards&nbsp;settle&nbsp;through&nbsp;smart&nbsp;contracts&nbsp;but&nbsp;remain&nbsp;controlled&nbsp;by&nbsp;World&nbsp;Foundation&nbsp;because&nbsp;the&nbsp;Foundation&nbsp;can&nbsp;cancel&nbsp;the&nbsp;reward&nbsp;programme&nbsp;or&nbsp;change&nbsp;the&nbsp;reward&nbsp;rate.&nbsp;The&nbsp;current&nbsp;final&nbsp;economic&nbsp;beneficiary&nbsp;of&nbsp;any&nbsp;World&nbsp;Chain&nbsp;sequencer&nbsp;surplus&nbsp;is&nbsp;Unknown.</p>