Q: Why is Worldcoin giving away free grants?
A: Worldcoin is giving away free grants to attract users and to create a universal basic income (UBI) for everyone. Worldcoin believes that UBI could help to reduce poverty and inequality.
Q: Who can get a Worldcoin grant?
A: Anyone can get a Worldcoin grant by agreeing to have their eyeballs scanned with the Worldcoin Orb. The Orb is a device that creates a unique digital fingerprint of a person's iris. This fingerprint is used to verify a person's identity and to prevent fraud.
Q: How much money is Worldcoin giving away in grants?
A: Worldcoin is giving away a total of 10% of its tokens to users. This is worth billions of dollars.
Q: How is Worldcoin arranging the money for its grants?
A: Worldcoin has arranged the money for its grants by raising funds from investors like a16z, Khosla Ventures and many more
Q: Will Worldcoin keep giving grants forever?
A: It is unclear whether Worldcoin will continue to give away grants forever. The company has said that it will eventually switch to a model where users earn tokens by providing services to the network. However, Worldcoin has also said that it is committed to making sure that everyone has access to cryptocurrency.
Q: Why hasn't anyone else done it like this?
A: Worldcoin's free grants are a bold experiment in UBI. No other cryptocurrency project has offered free tokens to such a large number of users.
One reason for this is that cryptocurrency projects are typically focused on building their own ecosystems. They want to attract users and developers to their platforms. Offering free tokens can be a way to do this, but it can also be expensive and unsustainable.
Another reason is that there are concerns about the privacy and security of biometric data. Worldcoin collects users' eyeball scans in order to prevent fraud. However, some people are worried that this data could be misused or hacked.
Q: How many people have received a Worldcoin grant so far?
A: As of September 2023, over 1 million people have received a Worldcoin grant.
Q: What are the benefits of receiving a Worldcoin grant?
A: There are a number of benefits to receiving a Worldcoin grant. First, it gives you free cryptocurrency. Second, it helps you to become part of the Worldcoin ecosystem. Third, it helps to support the development of a universal basic income.
Overall, Worldcoin's free grants are a bold experiment in universal basic income. There are both benefits and risks associated with receiving a grant, so it is important to weigh these carefully before deciding whether or not to participate.
Here is a list of the countries where Worldcoin is present,
Argentina 🇦🇷
Australia 🇦🇺
Brazil 🇧🇷
Canada 🇨🇦
Chile 🇨🇱
Colombia 🇨🇴
Costa Rica 🇨🇷
Czech Republic 🇨🇿
Denmark 🇩🇰
Dominican Republic 🇩🇴
Ecuador 🇪🇨
El Salvador 🇸🇻
Estonia 🇪🇪
Finland 🇫🇮
France 🇫🇷
Germany 🇩🇪
Greece 🇬🇷
Guatemala 🇬🇹
Honduras 🇭🇳
Hong Kong 🇭🇰
Hungary 🇭🇺
Ireland 🇮🇪
Italy 🇮🇹
Japan 🇯🇵
Latvia 🇱🇻
Lithuania 🇱🇹
Luxembourg 🇱🇺
Malta 🇲🇹
Mexico 🇲🇽
Netherlands 🇳🇱
New Zealand 🇳🇿
Norway 🇳🇴
Poland 🇵🇱
Portugal 🇵🇹
Romania 🇷🇴
Singapore 🇸🇬
Slovakia 🇸🇰
Slovenia 🇸🇮
South Korea 🇰🇷
Spain 🇪🇸
Sweden 🇸🇪
Switzerland 🇨🇭
Taiwan 🇹🇼
Thailand 🇹🇭
Turkey 🇹🇷
United Arab Emirates 🇦🇪
United Kingdom 🇬🇧
United States 🇺🇸
Uruguay 🇺🇾
Worldcoin is still in its early stages of development, and the company is planning to expand to more countries in the future.