Users sign up for World ID by visiting a Worldcoin Operator and verifying their unique personhood at an Orb. The Orb uses iris biometrics to establish an individual’s unique personhood and then creates a digital World ID, which is stored on the users device using a compatible identity wallet. World App is built on top of Safe's smart contract accounts and also serves as an identity wallet.

Worldcoin is an open source protocol primarily consisting of World ID - a privacy-preserving digital identity and World App - a fully self custodial wallet. Worldcoin was founded by Sam Altman, Alex Blania and Max Novendstern and publicly launched in July 2023.

Worldcoin is currently governed by the Worldcoin Foundation, but intends to decentralize governance over time. Worldcoin's investors include a16z, Multicoin Capital, 1confirmation, CoinFund etc.

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# Worldcoin Maximum token supply Methodology

## 1. Overview

Maximum token supply represents the theoretical maximum number of tokens that can exist in the Worldcoin ecosystem according to the protocol's tokenomics design. This is a static configuration value that defines the upper bound of token supply as specified in the protocol documentation, rather than a calculated metric derived from blockchain activity.

## 2. Data sources

This metric is derived from:
- **Protocol documentation**: Official Worldcoin tokenomics specifications that define the maximum possible token supply
- **Smart contract specifications**: Token contract parameters that establish supply constraints
- **Launch information**: Official protocol launch date and timing data

Unlike most blockchain metrics, this does not rely on on-chain transaction data, event logs, or external price feeds, as it represents a predetermined protocol constant.

## 3. Step-by-step calculation

### Component A: Protocol constants definition
- **Purpose**: Establish the fundamental tokenomics parameters for Worldcoin
- **Logic**: Set the maximum token supply to 10,000,000,000 tokens based on the protocol's designed tokenomics. This represents the absolute ceiling of tokens that can ever exist in the Worldcoin ecosystem, regardless of current circulating or total supply levels
- **Key fields**: The `token_supply_maximum` field contains the hardcoded value of 10 billion tokens

### Component B: Launch date specification  
- **Purpose**: Define the reference point when the token supply metric becomes relevant
- **Logic**: Set the timestamp to July 17, 2023 at 00:00:00 UTC, which represents the official launch date of the Worldcoin token. This establishes when the maximum supply constraint became active
- **Key fields**: The `timestamp` field marks the beginning of when this maximum supply value is applicable

### Final aggregation
- **Combining components**: The timestamp and maximum supply value are combined into a single record representing the protocol's token supply ceiling
- **Currency conversion**: Not applicable - this metric represents token units, not monetary value
- **Time aggregation**: The value is set with daily granularity and uses a fill-forward strategy, meaning the same maximum supply value applies to all subsequent days until changed
- **Final calculation**: The final metric value is exactly 10,000,000,000 tokens, representing the immutable maximum supply defined by the Worldcoin protocol design

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

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Maximum token supply

Maximum token supply

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