What is Worldcoin (WLD)?

Worldcoin is a digital identification platform that aims to create a global privacy-preserving human identity network where every participant will enjoy ownership rights. WLD is its native utility token, with governance properties and a few more use cases yet to emerge. It has an initial token supply of 10 billion but no fixed maximum supply.

Sam Altman, Alex Blania and Max Novendstern founded Worldcoin in 2019 and launched it in July 2023. While Sam Altman co-founded the OpenAI platform, Alex Blania is the CEO of Tools for Humanity (TFH), which did the initial research for the Worldcoin project.

Worldcoin's key flagship products are World ID and Orb. The former is a digital human passport to prove humanness, and the Orb is a state-of-the-art device that uses an individual's iris code to verify their uniqueness.

How Does Worldcoin (WLD) Work?

Worldcoin has developed an app called World App that enables the creation of a World ID for individuals. These individuals can then use that ID as proof of personhood to prove their uniqueness and humanness. To own these World IDs, users are required to complete their one-time verification through a metallic biometric device. This device is a spherical ball called Orb, with multispectral sensors that capture and encrypt individuals' iris (human eye centre) data to verify their humanness.

Once the data is analyzed, these Orbs convert it into unique digital codes and take them on-chain. Hereafter, the Worldcoin protocol issues a World ID for users who complete this verification successfully. The IDs let people prove they are human to various platforms without sharing private information. To facilitate all this, Worldcoin uses a zero-knowledge proofs (ZKP) protocol where the parties can prove a statement is true without sharing personal information. The World IDs issued by Worldcoin are also person-bound, so only their owners can use them.

Worldcoin employs operators who borrow or buy Orbs to set up physical verification centre in various locations. It rewards each operator in WLD tokens according to the number of successful verifications that the governance methods decide.

The holders of the WLD token power Worldcoin's governance. Along with various trading platforms, anyone can get free WLD tokens by downloading the World App and completing their Orb verifications. Since only unique users get the WLD coins for free, this ensures a diversified ownership of WLD coins.

How to Buy Worldcoin (WLD) in India?

There are many platforms where you can invest and Buy Worldcoin (WLD) in India.

One such platform is Flitpay. To buy Worldcoin (WLD) in INR, you have to sign up for Flitpay, where you will enter the required details and undergo a small KYC verification process.

After the KYC approval, ensure you have correctly entered your bank details. Now, through the linked bank account, deposit the amount you want to buy WLD crypto and execute the purchase.

You can instantly convert your Worldcoin (WLD) to INR and INR to Wordlcoin (WLD) and withdraw your INR through bank transfers whenever you want.

Flitpay also keeps introducing timely rewards for its users.

What to Do After Buying Worldcoin (WLD)?

WLD can be used to buy other cryptocurrencies after converting them to INR through crypto exchange platforms like FLITPAY. You can also hold the WLD till it reaches a high price and then sell it through Flitpay's OTC order facility. Users can earn significant profits from buying it at a lower price and selling it at a higher price.

FAQs

What is Worldcoin (WLD)?

WLD is the native utility and governance token used in the Worldcoin protocol. It acts as a reward for network operators and a governance token for its holders. Those who own WLD get a say over the future of protocol. WLD has an initial token supply of 10 billion but no fixed maximum supply.

What is the Worldcoin (WLD) price in India?

Check out the INR price of WLD crypto in India today on Flitpay.

Which is the top crypto exchange in India to buy Worldcoin (WLD)?

Flitpay is the top cryptocurrency exchange in India to buy Worldcoin, buy MATIC, or your favourite cryptocurrencies. Flitpay supports instant UPI and bank deposits and bank withdrawals with a minimum deposit and withdrawal limit of INR 100.

How to buy Worldcoin (WLD) in India?

You can easily buy Worldcoin (WLD) in India on the safest crypto exchanges like Flitpay, with the lowest fees.

To buy Worldcoin (WLD) coin in India:

1. Register on Flitpay and create an account.

2. Verify your identity through Know-your-customer (KYC)

3. Add INR or Fiat currency, corresponding to the amount of WLD you want to buy.

4. Instantly buy Worldcoin (WLD) with the deposited funds.

Why Choose Flitpay to Buy Worldcoin?

Flitpay crypto exchange stands out as the most reliable and secure platform to buy Worldcoin and other cryptocurrencies in India. Here's why:

• Swift and Secure: Flitpay's quick buy/sell feature allows investors to buy Worldcoin swiftly within seconds. Flitpay has also implemented robust security measures, including 2FA at various stages, and integrated multi-party computation (MPC) technologies to protect customers' invaluable investments.
• 99%25 Uptime: The robust build and interface of Flitpay ensure 99%25 uptime, allowing you to access your Worldcoin investments anytime without any hitches or glitches.
• Price Alerts: Flitpay's timely price notifications and alerts keep investors updated with price changes, allowing users to easily seize the right opportunity to buy or sell Worldcoin even when offline.
• Instant Deposits and Withdrawals: Access your funds hassle-free through instant deposit and withdrawal services. With Flitpay, you can easily convert your WLD to INR or INR to WLD and withdraw your funds instantly.

What are the benefits of Worldcoin (WLD)?

Worldcoin (WLD) takes an innovative approach to digital identification and decentralized governance through ZK proofs. WLD holders have a say in the protocol's future, promoting a community-driven platform. The World ID provides a secure, privacy-preserving method to prove one's humanness without revealing personal information, enhancing online trust and security. Additionally, WLD tokens can be used as a reward for network operators, ensuring a decentralized verification system. Its broad distribution strategy promotes diverse ownership, making the ecosystem robust and inclusive. The World App and Orb device streamline the verification process, making it user-friendly and efficient.

Is it safe to invest in Worldcoin (WLD) in India?

Yes, investing and trading WLD is Safe in India. Flitpay is one of India's most secure cryptocurrency exchanges for buying WLD crypto. It offers real-time prices and advanced investing features.

Where can I deposit and withdraw Worldcoin (WLD) crypto in India?

Your search for secure crypto deposits and withdrawals ends here. Flitpay is only crypto exchange to facilitate hassle-free and Instant crypto deposits and withdrawals in India with minimal or no fees.