 Solution

For $z=e^{i\theta }$, $w=i\tan (\theta /2)$, which is purely imaginary; $z=-1$ supplies the point at infinity. Conversely, the inverse map is $z=(1+w)/(1-w)$. Requiring $|w|=1$ is equivalent to $|z-1|=|z+1|$, hence $\boxed{\mathrm{Re}z=0}$, including the appropriate infinite point in the extended-plane formulation. The unit circle and imaginary axis are exchanged, but the real axis is not.