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“Crypto” is losing its meaning as a word.
And that’s fine. This is a good thing, even.
Crypto is an asset class, a technique and a community, which is at the same time. Soon, it will be necessary to be very special when discussing any aspect of it.
This is true at the high and low level of analysis What exactly is cryptoDoes bitcoin compete with atherium? As far as their techniques go, not really. But an argument should be made that BTC and ETH compete as property.
Does Ethereum compete with Solana? Certainly, both as a technique and a property. How about the world and its original token WorldCoine (WLD)?
On the surface, the world is completely similar to any other blockchain with its ecosystem of apps and protocols.
Official World Cooine Wallet on one side, Head Apps on the network are various third-party wallets, apps that exclude tokens for various tasks or otherwise users put tokens at stake in exchange for yield. Quite cookie-cookies from today’s standards.
Of course, the world And The WLDs are roughly unique due to the orb, the biometric scanner that is for human-proof to the Internet from its unavoidable AI overlords.
Time is zoomed in the arb with its own, “Orb will see you now,
There are legitimate criticisms of the vision of the future world (and its current, for that case). But what is often ignored is that its co-founder Sam Altman really wants universal basic income to play a central role in whatever life human beings will live around eccentricity.
Different for the world and tool for humanity, Altman has already run $ 60 million, three-year-old UBI experiment With 3,000 participants in Texas and Illinois. Researchers found, “We see a significant cuts in stress, mental crisis, and food insecurity during the first year, but those effects are excluded from the second and third year of the program, but the researchers found, but the maximum payment of $ 1,000 per month was just” chronic health status, child deficiency, or high cost, “was not sufficient to solve high costs.”
The WLD, in short, is near the blockchain bones of a crypto-operated UBI scheme through its year-long grant program, which pays a small amount of tokens to anyone verifying through the world’s app, by submitting the arb to the arb and submit an ID issued by his government like feeding or passport to its biometrics.
Recently, total Number Of the individual users receiving at least one grant, 12 million (more than a quarter of the joint population of Texas and Illinois).
Those users have completely received more than 595 million WLDs, which puts the total value of the verification grant on current prices (WLD = $ 1) in $ 595 million – about 10 times the value of the UBI study already referred to.
But the price of the WLD has reached about $ 12. Therefore, if we give importance to the grant at the estimated time of distribution – then accounting for users, as soon as they receive them, dump their tokens – the total value of the WLD grant distribution moon by $ 1.61. Arab,
On average, each user has received approximately 50 WLDs as part of the grant program, which is currently about $ 50, but is close to $ 600 at a high level of time. And it is the real value that recipients sit somewhere at the middle of the unlocking scale.
This is clearly less than $ 1,000 per month paid in Altman’s previous real-world UBI test, so the effectiveness of the world’s semi-ubi scheme is best suspected. But when it comes to the world, its grant program can be the closest thing, which is for a killer app, at least at the consumer level, with integration to meet platforms, businesses and other similar abilities.
Funny, it will be the place Tocharms In the last line pawn of protecting humanity for AI acquisition, the way things are going on, just feels right for me.
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