Worldcoin-compatible wallet surpasses 10 million users

Companies • April 11, 2024, 1:18PM EDT

Published 1 minute earlier on

Quick Take

Tool for Humanity’s World App, a Worldcoin-compatible wallet, has amassed more than 10 million total users since it roll out last year.

Tools for Humanity’s Worldcoin WLD -2.20% -compatible wallet has acquired more than 10 million users.

The World App wallet boasts users in more than 160 countries, including 2 million daily active users, its maker Tools for Humanity (TFH) said Thursday in a statement. The uptick in users dovetails with the rollout of new data management tools for users of Worldcoin, the iris-enabled biometric cryptocurrency project founded by OpenAI CEO Sam Altman.

"We’re of course thrilled about the milestone, but even more so about the real world impact it represents,” TFH Product Head Tiago Sada said Thursday in a statement.

The wallet has averaged 7.1 transactions per second, meaning its transaction speed is roughly on par with that of the most popular self-custodial wallets, TFH said.

The World App debuted in May 2023 and amassed roughly 4 million downloads by November of that year. According to the TFH's data, since its inception, the World App has processed more than 70 million total wallet transactions.

The wallet's growth comes as Worldcoin debuted on Thursday two new privacy-focused features: A mechanism to revoke permissions for World IDs via permanent iris code deletion and in-person age verification checks at each humanness verification location.

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About Author

Elizabeth Napolitano is a data reporter covering business and technology news, with a focus on cryptocurrencies. Prior to joining The Block, Elizabeth reported on BigTech, AI, crypto and videogames for CBS Moneywatch. As a CoinDesk reporter, she covered DeFi, NFTs and U.S. courts. She holds an MA in Journalism from CUNY. Follow her on X: @LizKNapolitano