Tools for Humanity is the company building Worldcoin and raised $115 million in a Series C round led by Blockchain Capital in May 2023. Prior rounds included investments from a16z, Khosla ventures and others. embraced by a worldwide community of developers and technologists and aims to be self-sufficient, fostering a true decentralized vision.
Worldcoin’s white paper highlights that specialized biometric gear might be the only long-term practical way to provide AI-safe proof-of-personhood verifications, which led to the creation of the Orb. The Orb is of high importance in Worldcoin’s ecosystem:Anyone across the globe can sign up regardless of their location or background.
The “Orb,” a special silver ball about the size of a bowling ball, is used to conduct in-person iris scans on individuals. The Orb scans the person’s iris to confirm their human identification before generating their unique World ID. Individuals need to download the World app, scan their retinas at Orb centers, and generate a unique World ID, which will give them access to the decentralized Worldcoin ecosystem. As the network grows, so will various
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