Worldcoin by Sam Altman is to go live at the moment
Worldcoin, Sam Altman’s crypto project, is currently scheduled to debut its mainnet protocol and native WLD currency on July 24. Over the weekend, the company tweeted this announcement.
Sam Altman, the CEO of OpenAI, contributed to the creation of the Worldcoin cryptocurrency project. Worldcoin has drawn attention in the cryptocurrency community and Silicon Valley for its audacious approach to tackling two major issues: online identification authentication and income inequality.
The company that created Worldcoin, Instruments for Humanity, earned $115 million in a Series C fundraising round in May. Leading cryptocurrency venture capital firms, including Blockchain Capital, oversaw the investment. Distributed World, Bain Capital Crypto, and a16z.
Alex Blania, a co-founder of Worldcoin, thinks that the need for evidence of personhood has become crucial in the era of AI. The proof of personhood choices, according to Blania, should prioritize privacy, be decentralized, and be as inclusive as possible.
Worldcoin will soon reveal its WLD tokenomics.
The full tokenomics of the project will be made public together with the issuance of the WLD token by Worldcoin.
This most recent cryptocurrency information was released shortly after Worldcoin introduced World App, a set of wallets for its technology. The Polygon blockchain is currently being worked on by the pockets.
Worldcoin’s steward company, Instruments for Humanity, has given away free WLD tokens to people from all around the world in exchange for using a device called “The Orb” to scan their irises.