OpenAI CEO’s New Cryptocurrency Worldcoin Launched
Worldcoin (WLD), a revolutionary cryptocurrency project founded by Sam Altman, CEO of OpenAI, officially launched on Tuesday, introducing a unique concept that aims to transform the digital identification process. At the heart of the project is the World ID, a digital identity verification system that ensures the ID owner is a genuine human.
The launch of Worldcoin has created a buzz on social media, with the cryptocurrency trending on Twitter. However, the project has also sparked intrigue and debate due to its unique approach, often described as “dystopian.” The brainchild of AI entrepreneur Sam Altman, Worldcoin rewards individuals with digital coins in exchange for a scan of their eyeballs.
Across various locations worldwide, thousands of people enthusiastically queued up to participate in the project’s full launch, where they gazed into silver orbs to establish their World ID.
Worldcoin operates as a decentralized open-source protocol, drawing support from a global community of developers, economists, and technologists all dedicated to expanding participation in the global digital economy. The project’s inception dates back over three years, driven by the ambitious vision of creating a new identity and financial network that belongs to the masses.
The founder envisions that Worldcoin could revolutionize economic opportunities, provide a robust solution for distinguishing humans from AI entities online while preserving privacy, facilitate global democratic processes, and potentially pave the way for AI-funded Universal Basic Income (UBI).
As Worldcoin continues to make waves in the cryptocurrency sphere, the project raises questions and curiosity about the future of digital identification and its impact on society. With a strong focus on inclusivity and empowerment, Worldcoin aims to reshape the way we interact with digital identities and the broader global economy.
