According to unnamed people familiar with the matter, the Worldcoin (WLD) token will launch on Monday, July 24, 2023. OpenAI CEO and ChatGPT developer Sam Altman took part in the creation of this cryptocurrency. The announcement of the event sparked heated debate in Silicon Valley due to its ambitious and unorthodox approach to solving problems: online identity authentication and income inequality.
According to unnamed informants, the tokenomics of the project will be made public this afternoon. Tools for Humanity offered free Worldcoin (WLD) tokens to people around the world in exchange for scanning their irises using a device called The Orb. According to the developers, this ensures that each person can only have one Worldcoin ID. In other words, a person will not be able to create many wallets and monopolize ownership of digital assets.
In addition, this will distinguish real people from bots, which becomes an urgent problem after the advent of ChatGPT. Altman has long been a proponent of "basic income as a way to combat inequality." Representatives of Tools for Humanity declined to officially comment on the launch of Worldcoin.
However, on July 23, the company tweeted a message: “this is happening.” According to a person familiar with the matter, this message is a veiled reference to the launch of a digital coin.
In 2022, BuzzFeed reported that many users were upset that their irises were scanned using The Orb's technology. However, they never received the coins. They just got grants to distribute. CoinDesk researchers said that some users purchased unique identifiers for WLD on the darknet.#chatgpt