What is WLD? Why is everyone rushing to scan their irises?

WLD (Worldcoin Token) is the native token of the Worldcoin ecosystem, jointly created by OpenAI CEO Sam Altman and the Tools for Humanity (TFH) team, with the core concept being digital identity for humanity.

In this era of rapid AI growth, where it's hard to distinguish between real and fake, Worldcoin has launched a system that uses a device called Orb to scan a user's iris to verify that you are a unique real person and generate a decentralized identity (World ID). Once verification is complete, you can receive WLD tokens as a reward.

Worldcoin emphasizes privacy and anonymity, as iris images are deleted instantly without backups and are not uploaded to the cloud. The purpose of verification is solely to prove that you are human, not to know who you are.

What can the received WLD be used for?

After completing the iris scan, the system will issue a certain amount of WLD tokens to your World App wallet. These WLD tokens have several common uses:

• Convert to other cryptocurrencies (e.g. USDT or GT)
• Participate in Web3 blockchain applications, such as decentralized finance (DeFi) or DAO voting.
• Hold and wait: bullish future potential, as an investment asset
• Future use in the World ecosystem applications, such as login verification, obtaining specific services, etc.

Currently, WLD has been listed on multiple major exchanges, including Gate, allowing for easy and fast conversion to USDT.

How to get started? A beginner's easy guide

Step 1｜Book an Iris Scan

According to official World documents, Taiwan has currently opened Worldcoin verification points, including:

Source:https://world.org/find-orb?country=TW

Remember to bring your phone and do not wear pupil magnifiers. The scanning process will be completed within a few minutes, and you will obtain your World ID on the spot.

Step 2｜Download World App

Search for "World App" in the App Store or Google Play and download it. After logging in, connect to the account you just verified to view your WLD balance in the app.

(For example, App Store)

Step 3｜Transfer WLD to Gate

1. Open the World App, select "Transfer" → "Withdraw WLD"
2. Open the Gate official website / App, log in to your account, go to "Wallet" → "Spot Account" → Search for WLD, click on "Recharge"

3. Copy your WLD wallet address and paste it into the World App to transfer out.
4. Wait for blockchain confirmation (about a few minutes)

Step 4｜Convert WLD to USDT

1. After the transfer is completed, return to the Gate "Trading" page.

2. Search for the "WLD/USDT" trading pair and select "Sell WLD"

3. Choose market order or limit order, and after confirmation, you will receive USDT.

If you want to withdraw in TWD, you can convert USDT to a platform that supports TWD withdrawals and is legal (such as BitoPro, MAX), among other options.

Why is Taiwan a key market?

Worldcoin stated that Taiwan is one of the 23 key countries for their global promotion, reasons include:

• The network infrastructure is complete, and the mobile network penetration rate is high.
• Have an active developer community and Web3 ecosystem
• Taiwanese users have a high level of concern for personal data security and internet authenticity.

This also makes Taiwan one of the first regions in Asia to promote "digital human identity verification."

Why do the people of Taiwan need a World ID?

According to a survey by World and Ipsos, 88% of Taiwanese people are worried about being unable to distinguish between humans and robots online, and almost everyone agrees that technology should be used to prove "I am a real person." In response to this demand, World ID was born, allowing Taiwanese users to prove they are unique humans in the most privacy-safe way during online interactions.

The Taiwanese government actually launched the "AI Taiwan Action Plan" as early as 2018, showing Taiwan's proactive acceptance and planning of AI technology. World provides a practical tool that helps implement the development vision of "trustworthy AI" in this plan. Taiwanese users only need to download the World App and then verify their humanity on-site through the Orb device to start using the World ecosystem and receive free WLD tokens. The verification process is completely anonymous, and all personal data is stored only on your phone, making it inaccessible to World itself or any third party, allowing users to truly control their digital identity and data sovereignty.

Safety Classroom: Why is it safer to use Gate?

Image:https://www.gate.com/

When transferring WLD and exchanging it for USDT, it is crucial to choose a secure and stable platform. Gate, as one of the world's well-known cryptocurrency exchanges, has consistently ranked among the top ten globally, offering the following advantages:

1. Complete security mechanisms:
   Gate employs multi-signature wallets, cold and hot wallet separation, and user login verification to ensure the security of every asset. Additionally, it offers features such as trading passwords and two-factor authentication (2FA) to enhance account protection.

2. Fiat deposit and withdrawal convenience:
   For users in Taiwan, Gate supports USDT deposits and withdrawals, and can be converted with local trading platforms that support TWD withdrawals (such as MAX and BitoPro), ensuring a transparent and compliant deposit and withdrawal process.

3. Customer Service and Community Support:
   New users often encounter problems when transferring and recharging. Gate provides 24-hour online customer service and a wealth of beginner tutorials to quickly obtain assistance. In addition, there are many enthusiastic users in communities such as Telegram and Discord who are willing to help.

4. Robust reserves, leading globally:
   Gate is the world's first platform to commit to a 100% reserve, exceeding the industry benchmark of 20%+, with a total reserve ratio of 123.09%, and excess reserves reaching 1.96 billion USD, firmly holding the fourth position globally.

For this reason, transferring WLD to Gate is not only convenient and fast, but also expands your Web3 financial options.

Investment Strategy: What else can be done after WLD arrives at Gate?

After completing the conversion from WLD to USDT, many users will ask: what can be done next?

At this time, Gate provides a wealth of financial tools and methods to help you achieve appreciation while keeping your assets secure:

1. Earn
   Depositing USDT into Gate's flexible wealth management products can yield annualized returns, with some cryptocurrencies exceeding 5% annually. You can also choose fixed-term wealth management to obtain higher interest rates during the lock-up period.

2. Participate in new coin subscriptions such as Launchpad and Startup.
   Gate regularly launches early bird subscription activities for new projects, allowing participation with assets such as USDT, enabling low-cost acquisition of newly listed coins, with multiple past projects delivering several times in returns.

3. Liquidity Mining / DeFi Aggregation
   If you are familiar with decentralized finance (DeFi), you can participate in mining on the Gate DeFi platform by providing USDT or other assets as liquidity to earn platform tokens or other rewards.

4. Set price alert / Automatic order
   Don't want to monitor the market all the time? You can set price alerts or pre-set buy/sell price points to reasonably control the timing of your entries and exits.

5. Diversified asset allocation (Asset diversification)
   Do not put all your eggs in one basket; you can allocate part of your assets to BTC, ETH, SOL, etc., to reduce overall risk.

Start my wealth management journey: recommended gameplay combinations

After completing the verification of Worldcoin and receiving WLD, you can start your journey in crypto finance. Here is a practical combination strategy suitable for beginners, allowing you to gradually build a mindset for digital asset allocation:

Step 1 | Clarify asset structure and convert to stable base currencies

WLD is an emerging asset with significant price volatility. Beginners are advised to first convert it into USDT, a stablecoin with lower volatility and wide applicability, as a starting point for financial management. This step can be quickly completed through Gate.

Step 2 | Start a low-threshold "passive income" plan with USDT

Deposit your USDT into Gate's Yubi Treasure or other current financial products to let your assets appreciate automatically and earn daily interest. Compared to active trading, this method is more suitable for beginners who wish to make steady progress.

Step 3 | Try to participate in new coin projects to capture early growth dividends.

On Gate, Startup / Launchpad is an important channel for discovering potential coins. You can participate in new project subscriptions with a small amount of USDT and experience the early growth process of a project from "0 to 1" by reasonably allocating funds and controlling risks.

Step 4 | Establish a diversified asset portfolio

Don't put all your funds into one asset. You can gradually allocate BTC, ETH, or popular track currencies like AI, RWA, L2 based on USDT, reducing risk while retaining upside potential.

Step 5 | Regularly review and adjust to develop good investment habits

Regularly check the asset allocation ratio, financial management returns, and market changes, and adjust positions in a timely manner. Combine market hotspots with your own accumulated experience to gradually form your exclusive investment logic and decision-making framework.

Taiwan Exclusive! Claim the Gate Newbie Gift Pack

After completing the OpenAI Worldcoin iris verification, don't just stop at receiving WLD. Gate has specially launched a "10,000 USDT New User Gift Package Activity" for new users in Taiwan, helping users take a further step into the crypto world, where you can receive coins and trade all in one go!

Event Time

June 25, 2025 16:00 - July 15, 2025 00:00 (UTC+8)

Event 1: Deposit WLD and receive 5 USDT

During the event, the first 1,000 users who complete WLD top-ups will receive a 5 USDT contract experience coupon, first come, first served, while supplies last.

Activity 2: Complete your first contract trade, and receive an additional 5 WLD.

Complete your first contract trade during the event period to receive an additional reward of 5 WLD, limited to 1,000 participants.

For more information about the event, please see:https://www.gate.com/campaigns/1316

Conclusion

Worldcoin offers a unique "entry ticket," a way to obtain WLD without requiring an initial investment. Gate is one of the best platforms for monetizing, managing, and appreciating these assets. As long as you master the above operational process, you can start building your own crypto wallet from scratch and embark on a secure and strategic financial journey in the Web3 world.