> For the complete documentation index, see [llms.txt](https://worlddao.gitbook.io/worlddao-white-paper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://worlddao.gitbook.io/worlddao-white-paper/introducing-worldcoin/worldcoin-token.md).

# Worldcoin Token

While network effects will ultimately come from useful applications being built on top of the financial and identity infrastructure, the token is issued to all network participants to align their incentives around the growth of the network. This is especially important early on to bootstrap the network and bypass the “cold start problem”. This could lead the Worldcoin token (WLD) to become the widest distributed digital asset.


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