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Worldcoin: The Future of Digital Identity
What happens when 90 plus percent of everything we interact with and see on the internet is created or enhanced by AI?
A new project has emerged with the potential to revolutionize the way we think about digital identity. Worldcoin, co-founded by Sam Altman of OpenAI, aims to create a global network of digital identities for a world where AI robots become harder to distinguish from humans.
At the heart of Worldcoin is the concept of "proof of personhood," which is becoming increasingly important as AI technology advances. The project utilizes an innovative approach to identity verification through the use of an "Orb" device that scans people's irises to ensure they are unique human beings.
"It is a way to verify humanness truly at population scale, independent of governments, able to scale to billions of people. And that is what we call World ID, which underlying is a biometric verification device that we call the orb, that you see here, that actually allows us to do that. So that is World ID, that's building block one. And two is a digital currency called Worldcoin that everyone that actually verifies for World ID receives ownership in it. That is the protocol level. And then also, to get all of this going, we built the first app that connects to the protocol that we call World App So that's a non-custodial wallet that lets you send money to your friends, lets you verify with your World ID and kind of brings together many of the technologies that came out of crypto in the last couple years and just makes them very easy to understand and use" - Alex Blania CEO, Tools For Humanity
But Worldcoin is not just about identity verification. The project also aims to provide a universal basic income through the distribution of its
WLD token to every human. This bold vision could have a significant impact on financial inclusion and help to address some of the economic challenges that the world is currently facing.
The association with OpenAI and Sam Altman has generated significant interest in Worldcoin, with the project raising $115 million in a Series C round led by Blockchain Capital. The project's token,WLD, has seen a surge in price, reaching $9.35, according to CoinMarketCap data.
Now, let's look at theWLD token. With a total supply of 10 billion and a current circulating supply of 104 million, there's still a lot of room for growth. This is a potential proxy for the public to invest in OpenAI, the largest AI research company. And if the project continues to gain traction, the demand for the token could increase, potentially driving the price up.
While there are still many unknowns about the future of Worldcoin, the project's ambitious goals and innovative approach to identity verification make it one to watch in the world of cryptocurrency and AI.
Most will wait tillWLD is listed on major exchanges....by than what price will it be!? As always, early bird gets the worm.
A new project has emerged with the potential to revolutionize the way we think about digital identity. Worldcoin, co-founded by Sam Altman of OpenAI, aims to create a global network of digital identities for a world where AI robots become harder to distinguish from humans.
At the heart of Worldcoin is the concept of "proof of personhood," which is becoming increasingly important as AI technology advances. The project utilizes an innovative approach to identity verification through the use of an "Orb" device that scans people's irises to ensure they are unique human beings.
"It is a way to verify humanness truly at population scale, independent of governments, able to scale to billions of people. And that is what we call World ID, which underlying is a biometric verification device that we call the orb, that you see here, that actually allows us to do that. So that is World ID, that's building block one. And two is a digital currency called Worldcoin that everyone that actually verifies for World ID receives ownership in it. That is the protocol level. And then also, to get all of this going, we built the first app that connects to the protocol that we call World App So that's a non-custodial wallet that lets you send money to your friends, lets you verify with your World ID and kind of brings together many of the technologies that came out of crypto in the last couple years and just makes them very easy to understand and use" - Alex Blania CEO, Tools For Humanity
But Worldcoin is not just about identity verification. The project also aims to provide a universal basic income through the distribution of its
WLD token to every human. This bold vision could have a significant impact on financial inclusion and help to address some of the economic challenges that the world is currently facing. The association with OpenAI and Sam Altman has generated significant interest in Worldcoin, with the project raising $115 million in a Series C round led by Blockchain Capital. The project's token,
WLD, has seen a surge in price, reaching $9.35, according to CoinMarketCap data. Now, let's look at the
WLD token. With a total supply of 10 billion and a current circulating supply of 104 million, there's still a lot of room for growth. This is a potential proxy for the public to invest in OpenAI, the largest AI research company. And if the project continues to gain traction, the demand for the token could increase, potentially driving the price up. While there are still many unknowns about the future of Worldcoin, the project's ambitious goals and innovative approach to identity verification make it one to watch in the world of cryptocurrency and AI.
Most will wait till
WLD is listed on major exchanges....by than what price will it be!? As always, early bird gets the worm. 
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