World (WLD): tokenomics, risks and score
A proof of personhood network that verifies humans by scanning their irises with a physical device, issuing a World ID intended to distinguish people from bots online.
What World is, and what it does
This is infrastructure. Other applications depend on it for something they cannot easily do themselves, such as price data, indexing, storage or identity.
What the WLD token itself does: It captures no protocol revenue. Any value rests on governance rights, on speculation, or on a change that has not happened yet.
Where it runs: World Chain. Mechanism: Optimistic rollup with iris based proof of personhood. It has been running since 2023, so roughly 3 years.
The facts
- TICKER
- WLD
- SECTOR
- Infrastructure
- CHAIN
- World Chain
- LAUNCHED
- 2023, so around 3 years of operating history
- MECHANISM
- Optimistic rollup with iris based proof of personhood
- MAXIMUM SUPPLY
- 10 billion
- VALUE CAPTURE
- None
- UPGRADE CONTROL
- Team controlled
- VESTING
- Heavy overhang
- LIQUIDITY BAND
- Small cap. Limited venue coverage. Check the order book before assuming you can exit.
How the score breaks down
Each dimension is explained on the directory page, and the reasoning behind it is taught in the Academy research process.
Supply and value capture
A hard maximum supply that cannot be raised without the agreement of essentially every participant. The token captures no protocol revenue. Any value rests on governance rights, speculation, or future changes that have not happened yet.
The founding team retains control over upgrades or parameters. Ownership is heavily concentrated. A small number of wallets hold enough to determine the price on their own.
Where it is strong and where it is not
- Supply is capped, so holders are not diluted indefinitely
- Audited, with published reports
- Fully open source, so the code can be independently reviewed
- Heavily concentrated ownership means a few wallets control the outcome
- The token captures no protocol revenue, so its value rests on sentiment
- Significant supply is still scheduled to unlock, which is a structural headwind
- Upgrade control sits with a small group, so the rules can change
Incident history
Multiple national regulators suspended, fined or banned its iris scanning operations on data protection grounds, including authorities in Spain, Portugal, Kenya, Hong Kong, Brazil and Indonesia.
Our read
The main risk
Sustained regulatory action against biometric collection in multiple countries, very large insider allocation and heavy scheduled unlocks.
Before you buy anything
Check the contract address against the project's own documentation rather than a search result or a screener link, since impersonation tokens with identical names and logos are listed constantly. Check the order book depth before assuming you can exit at the quoted price. And write down what would make you wrong before you buy, not after. The Academy thesis module covers why that single habit protects more capital than any indicator.