The number of transactions with the Worldcoin app has exceeded 22 million 6 months after its official launch, while the number of users has reached 1 million and downloads 4 million, making it the sixth most popular wallet in the world.
The number of daily active users has exceeded 100,000, while the number of weekly active users has reached 500,000.
Tiago Sada, head of product at TFH, has said:
"The need for digital identity and digital finance continues to become more pressing, we know this is just the beginning."
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The startup's core product, the World ID protocol, is based on zero-knowledge proofing, a tool that allows users to authenticate themselves using biometric data or a phone number.
The retina is scanned through a special device: a sphere (Orb). Users receive a reward of 25 WLD, about $50, for completing the verification.