This write-up explains how to buy World Coin (WLD) with INR on KoinBX crypto exchange App (Android & iOS).
About:
The goal of Worldcoin is to create the world’s largest, most inclusive identity and financial public utility, owned by everyone. The Worldcoin protocol presently consists of the following components:
World ID – a privacy-preserving digital identity made to assist with critical identity-based difficulties, such as establishing a person’s distinct personhood.
WorldCoin Token (WLD) – The first digital money to be freely issued to individuals were permitted by law simply for being a distinct person
World App – It makes use of the Worldcoin and Ethereum protocols to make it simple for everyone to authenticate their Proof of Personhood. which allows users to make payments, purchases, and transfers using digital assets and fiat-backed stablecoins on a global scale.
Founders of WorldCoin (WLD):
Sam Altman, Alex Blania, and Max Novendstern founded Worldcoin. Sam Altman, the most well-known of the co-founders, is also a co-founder, the current CEO of OpenAI, and the former president of startup incubator Y Combinator. Tools for Humanity (TFH) and other collaborators carried out the initial analysis and development for the Worldcoin project.
Idiosyncrasy:
Worldcoin’s goal is to create the world’s largest identity and financial network, with truly global adoption on a billion-person scale. Unlike most other crypto projects, the majority of WLD tokens will be distributed to individuals simply for being human.
Individuals will be able to use World ID to prove that they are genuine, unique humans to any platform that integrates with the protocol, including web3 systems, social networking sites, and government programs.
This will allow for fair airdrops or token/NFT sales, protection from bot/Sybil attacks on social media, and more equitable distribution of limited governmental resources. Furthermore, World ID can support global democratic processes and novel forms of governance, as well as a path to AI-funded UBI.
Circulation of WorldCoin (WLD) Token:
Worldcoin’s initial total supply is 10,000,000,000 WLD.
The supply cap is set at 10 billion WLD for the first 15 years following launch (as determined by the WLD smart contract). After 15 years, governance may opt to introduce an inflation rate of up to 1.5% per year if it believes it necessary for the protocol’s long-term viability. Governance will also decide how to distribute any newly generated tokens. The WLD smart contract enforces the 1.5% annual inflation restriction. The inflation rate is set to 0% by default, until altered via governance.
Token Name: World Coin
Ticker Name: WLD
Security:
On the Ethereum Mainnet, the WLD token contract is operational, and the token is linked to the Optimism “layer 2” network. As a result, it gains these two blockchains’ security attributes.
How to Buy, Sell and Trade World Coin (WLD) wit INR on KoinBX Crypto Exchange App?
How to Buy WLD with INR?
Follow the below steps to buy WLD,
1.Download KoinBX Android App or KoinBX iOS App
- Signup on the App.
- Fill in the required details to create an account.
- Complete your KYC verification process.
- Add your bank account.
- Deposit Fiat to your KoinBX account.
- Click the Buy option to buy WLD with INR.
How to Sell WLD?
Follow the below steps to sell WLD,
- Download KoinBX Android App or KoinBX iOS App
- Signup on the App.
- Complete your KYC verification process.
- WLD your bank account.
- Click the Sell option to find a buyer for WLD.
Once a buyer for WLD is found, you can start selling WLD with Indian rupees (INR).
How to Trade WLD?
Click WLD/INR pair to trade WLD with INR
Start trading WLD anywhere and anytime with a great trading experience with KoinBX Android App or KoinBX iOS App.
