CryptoMediaClub
Friday, July 31, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Ethereum

Human ID project ‘Worldcoin’ launches gas-free wallet only for humans

08.05.2023
A A
0
132
VIEWS
ShareShare

Worldcoin, a project to identify humans and distinguish them from artificial intelligence, has launched a gas-free crypto wallet for verified humans, according to a May 8 announcement.

The new wallet, called “World App,” works on Android and iOS operating systems. It currently runs on the Polygon (MATIC) network, allowing users to hold and transfer United States Dollar Coin (USDC), Dai (DAI), Ether (ETH), Worldcoin (WLD) and Wrapped Bitcoin (WBTC).

World App uses the project’s “World ID” system to discriminate between humans and bots. Users who want to take advantage of gas-free transfers must first register for a World ID by supplying a phone number or iris scan. Developers say the project doesn’t store users’ data. Instead, it generates a zero-knowledge proof to verify the user is human, but without revealing the data used to generate the proof.

Even users who don’t have a World ID can still use the app, but they can’t take advantage of the feeless transactions. The announcement said the app relies on account abstraction to allow for third-party gas payment.

Related: European Union considers bills to limit AI tools

The project has partnered with regulated crypto exchanges, including Moonpay and Ramp, to offer onboarding and offboarding within the wallet. Once coins are held in the wallet, they can be swapped through built-in Uniswap integration. Users can also connect their phone numbers to the app to send and receive crypto through phone contacts.

In a conversation with Cointelegraph, Worldcoin Core team member Tiago Sada stated that the wallet was created to offer a simple option for inexperienced crypto users.

“When we first started, we actually just went out with normal wallets, the wallets a power user like me would use day-to-day, and it turns out those were too overwhelming for normal people. There were too many options, too many things to do, [it was] not super clear," he said. "We’re launching [World App] as a product so that there is this alternative wallet that is focused just on simplicity.”

Worldcoin was co-founded by Sam Altman, who also co-founded ChatGPT developer OpenAI.

Share10Tweet6ShareSharePin2

Related Posts

ProShares announces launch of short Ether-linked ETF
Ethereum

ProShares announces launch of short Ether-linked ETF

02.11.2023
0

ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2.ProShares’s new...

Read moreDetails
Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

Slumdog billionaire 2: ‘Top 10… brings no satisfaction’ says Polygon’s Sandeep Nailwal

02.11.2023
Top Swiss bank launches Bitcoin and Ether trading with SEBA

Top Swiss bank launches Bitcoin and Ether trading with SEBA

02.11.2023
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals

02.11.2023
3 reasons why Ethereum price is down against Bitcoin

3 reasons why Ethereum price is down against Bitcoin

02.11.2023
Load More
Next Post
Bitcoin takes flight in Liechtenstein: Minister proposes government services paid in crypto

Bitcoin takes flight in Liechtenstein: Minister proposes government services paid in crypto

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Trump Bullish “We Will Never Let Crypto Down” Commitment Sent Crypto Market Down

Trump Bullish “We Will Never Let Crypto Down” Commitment Sent Crypto Market Down

2 months ago
Crypto Price Prediction Today 5 August – XRP, Solana, Cardano

Crypto Price Prediction Today 5 August – XRP, Solana, Cardano

12 months ago
Bitcoin Price Prediction: Quantum Computing Will Crack Banks Before Bitcoin

Bitcoin Price Prediction: Quantum Computing Will Crack Banks Before Bitcoin

2 months ago
$100 Million in Commercial Real Estate Tokenized on Stellar

$100 Million in Commercial Real Estate Tokenized on Stellar

11 months ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Bitcoin Price Prediction: Bitcoin ETFs End 4 Day Outflow Streak

Ethereum Price Prediction: Foundation Adds Pascal Caversaccio to Its Board

Sam Altman ChatGPT AI Predicts Bitcoin Will Make History by End of 2026

Elon Musk Grok AI Predicts Ethereum Will Hit This Price by End of 2026

Bitcoin struggles to turn US GDP miss into bullish catalyst as strong spending backs Fed caution

Coinbase Q2 Earnings Preview: Guidance and Diversification in Focus

Trending

BoJ Holds at 1% as Yen Intervention Fades: Bitcoin’s Carry Trade Risk Grows
All news

BoJ Holds at 1% as Yen Intervention Fades: Bitcoin’s Carry Trade Risk Grows

31.07.2026
0

Japan’s Ministry of Finance confirmed yen buying, dollar selling intervention on July 30, sending USD/JPY sharply lower...

Ethereum Price Prediction: Blackrock Backed Stablecoin to Launch on ETH

Ethereum Price Prediction: Blackrock Backed Stablecoin to Launch on ETH

31.07.2026
XRP Price Stabilizes as Korean Police Arrest Three in Fraudulent Scam

XRP Price Stabilizes as Korean Police Arrest Three in Fraudulent Scam

31.07.2026
Bitcoin Price Prediction: Bitcoin ETFs End 4 Day Outflow Streak

Bitcoin Price Prediction: Bitcoin ETFs End 4 Day Outflow Streak

31.07.2026
Ethereum Price Prediction: Foundation Adds Pascal Caversaccio to Its Board

Ethereum Price Prediction: Foundation Adds Pascal Caversaccio to Its Board

31.07.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz