Worldcoin released an open letter signed by Sam Altman, announcing the official launch of WLD. Worldcoin was founded over three years ago to create a new identity and financial network that is owned by everyone. Launch of Worldcoin begins today and, if successful, will significantly increase economic opportunity, provide reliable AI-human differentiation solutions while protecting privacy, advance global democracy, and ultimately potentially demonstrate a path to an AI-funded global basic income (AI-funded UBI) potential path.
Worldcoin consists of a privacy-preserving digital identity (WorldID) and a digital currency (WLD). Verified real users will receive WLD tokens. Hopefully, more people can benefit from it where the law allows.
According to The Block, Worldcoin promises to accelerate registration by deploying Orbs in more than 35 cities in 20 countries around the world. WLD tokens will be distributed to more than 2 million users participating in the test worldwide, and those who pass the Orbs verification will initially receive 25 WLD tokens, as well as regular grants in the future.