Worldcoin

Worldcoin is a Layer 1 blockchain project whose stated goal is to build a global identity and financial network accessible to everyone as a public utility. Its central product is World ID, a system that lets individuals prove they are a real, unique human being online without revealing personal details, using a cryptographic technique called zero-knowledge proofs. The project targets anyone who needs to demonstrate their humanity to digital platforms — from social networks defending against bots to governments distributing resources more equitably.

Worldcoin operates on World Chain, a blockchain within the Optimism ecosystem, meaning it settles transactions on infrastructure related to Ethereum. The WLD token is used for governance, allowing holders to participate in decisions about the protocol, and it sits alongside World ID as the financial layer of the network. The consensus algorithm is not recorded in the available data, so a precise description of block production cannot be provided.

The protocol collected 17,834 USD in fees over the trailing 30 days and 723 USD on the most recent single day, with those 30-day figures annualizing to approximately 216,980 USD. Fees are generated by activity on World Chain, where the median transaction cost on the most recent full day was 0.000856 USD — a very low per-transaction amount. Because the total fee base is small relative to the network's market capitalization of roughly 1.48 billion USD, the market-cap-to-annualized-fees ratio stands at 6,804 and the fee yield is 0.014696 percent, both figures reflecting how little revenue the protocol currently captures against its market value. The stablecoin supply hosted on the network is 17,149,702 USD at the point-in-time reading.