Worldcoin’s first funding plan Wave0 is announced! Looking forward to promoting the development of the platform

120Btc.coM announced that Worldcoin has been selected into 28 projects of the Wave0 program. These projects cover a variety of topics, including decentralized Orb production, an identity cross-chain aggregation platform, a browser dedicated to Merkle trees, and a Web3 debate-oriented governance platform. The launch of these projects is expected to drive further development in the field of Worldcoin and decentralized governance.

Promoting Worldcoin’s award-winning project introduction

1. Votexx: Cancellable and changeable voting platform

Votexx’s goal is to empower the blockchain through privacy and security design The ecosystem provides a voting mechanism that is more tailored to needs. The project is led by cryptographer Mario Yaksetig.

Votexx is a voting solution that supports users’ free choice, allowing users to cancel or modify their voting decisions to ensure that everyone can participate in voting according to their own wishes. This solution uses WorldID technology to achieve privacy in online voting and protect users' personal information from being leaked.

2. Zanzibar: Privacy Data Storage Protocol

Zanzibar is an encryption mechanism used to improve the privacy of data storage. It is designed to ensure that the server can complete storage operations without knowing the stored content. , to achieve encryption of the permanent data list.

Zanzibar’s encryption design can also support efficient privacy query functions, which allows users to confirm whether specific information is contained in the database through server authorization while protecting privacy. This design greatly reduces the possibility of rainbow table attacks that break cryptographic hashes.

One of the most criticized issues of Worldcoin is the storage and retention of user iris data. If a more private encrypted storage mechanism is added, it will help enhance user trust.

3. NEBRA: A composability protocol that integrates cross-chain services

NEBRA is building the first proof aggregation protocol on Ethereum, which aggregates by using Worldcoin’s universal proof aggregation architecture. Zero-knowledge proof (ZKP) for various applications completes the high degree of integration of different products and improves the composability of services.

In the future, NEBRA will cooperate with the Worldcoin contribution team to establish a new Layer 2 network on top of the existing protocol base layer to further reduce the ZKP verification fuel cost.

4. Ribbon Protocol: Health protection service based on World ID

Ribbon Protocol is developing an innovative model that combines universal basic income with universal health protection based on World ID.

Ribbon Protocol creates real use cases of universal basic income for Worldcoin users through health index, behavior and loyalty models based on universal health, ensuring that users’ health is connected to socioeconomic data.

Since its establishment in 2017, Ribbon Protocol has received support from well-known institutions such as Consensys, Blockchain 4 Humanity, and the South African National Ministry of Health.

5. xxNetwork: Privacy Transfer

The project will use Worldcoin WalletKit, paired with xxNetwork’s xxDK, to use a mixnet technology called cMixx to create a difficult-to-track system through a mixed proxy server chain. message transmission to protect users’ communication privacy.

xxNetwork aims to solve the risk of leakage of communication data between users and other services through network-level anonymization.

6. Rarimo: Decentralized identity cross-chain bridge

Rarimo is an identity aggregation platform that allows World ID to be used on any EVM chain. Rarimo allows cross-chain identity state transfer and is confirmed by network validators using BFT consensus, thereby allowing identities to be securely transferred across chains like crypto assets.

The integration of Rarimo and Worldcoin can transfer identity status (Merkleroot) from the Ethereum mainnet to other multi-chain networks.

7. Wonderland: On-chain reputation system

World ID governance mechanism is designed to provide an identity verification system to prevent witch attacks. Therefore, only addresses verified by Orb are eligible to participate in DAO, but Iris Privacy concerns have always been a cost that the market cannot ignore.

Wonderland uses the "Reputation ID" mechanism to integrate reputation into the management module to strengthen anti-witch measures as an identity determination option in addition to iris scanning.

8. The Voice: Governance Platform

The Voice is a modular governance platform that provides a variety of methods including majority rule, square voting, and convicting voting. The voting mechanism allows projects and communities to choose the most appropriate voting method according to their needs.

9. Wallfacer: Bonus Distribution Tool

While allocating bonuses online is a great way to start a new project, the process is often tedious and often interfered with by bots and spam.

POPGDP is a service that assists the Worldcoin Foundation in distributing bonuses. It is planned to establish a grant governance forum with World ID integration, using World ID to make the voting and review process of grant allocation transparent, democratic and difficult to manipulate, achieving anti-witch voting while increasing the quality of participation.

10. Clade Club: Debate-oriented governance platform

The biggest problem in Web3 governance currently is the power of wealth. Usually existing governance mechanisms determine voting rights based on the number of tokens owned by users, and power is ultimately in the hands of a few people.

Clade Club’s platform creates a dynamic and user-oriented environment through live interactive debate, rather than financial orientation. Participants can vote up or down on each other's contributions, promoting informed decisions.

The team believes that this approach can truly achieve decentralization of governance and ensure that the collective wisdom of the community guides decision-making, rather than relying on the ideas of a few wealthy people.

11. Merkle Tree Explorer: Hash tree visual browser

The team is building a Merkle tree-specific browser that will visualize the Merkle tree.

means that Merkle Tree Explorer can visualize all World ID public keys and their related structures. Allow more users to verify the validity of World ID in an easy-to-understand way, and enhance transparency, verifiability and flexibility to promote decentralization.

12. Reward Me: Tokenization service based on World ID consumption data

Reward Me is a mobile application that provides users with an easy way to use their purchases at different merchants. Spend habits to accumulate rewards. Reward Me can be seamlessly integrated with users' existing emails to automate reward accumulation.

Reward Me rewards users with cryptocurrency, allowing users to tokenize their daily expenditure data, promoting the data tokenization market, and paving the way for the AI ​​data market.

However, to accomplish this, it needs to be based on complete identity verification. Although many existing fraud detection fraud measures are necessary, they have affected the user experience, such as KYC. Therefore, Reward Me chose to use World ID integration services to reduce user verification costs.

13. ID Master: Decentralized Orb Production

The ID Master team provides a solution that makes it easier to assemble and manufacture the device Orb that verifies World ID.

ID Master’s goal is to allow Orbs to be easily created around the world in a trustless manner.

The above is the detailed content of Worldcoin’s first funding plan Wave0 is announced! Looking forward to promoting the development of the platform. For more information, please follow other related articles on the PHP Chinese website!