In the last few years, what feels like it feels black Mirror Has surfaced in real life: Millions of people around the world have agreed to scan their eyes to metal jewelry in exchange for getting a blockchain-based ID and a cryptocurrency called WorldCoine.
From this week, the WorldCoine (WLD) will be available for the first time in the US most of the time, which includes exchanges such as coinbase. Those who scan their eyes in a world orb will get 16 WLDs. Meanwhile, those who have already registered and registered with the World App in the US will receive the “pioneer grant” of 150 WLDs, which has been dropped in their wallet.
Sam Altman co-install the startup behind the project, equipment for humanity, also working with visas to issue debit cards later this year that converts the WLD into a Fiat currency in checkouts. Ultman, who is currently the President of Tools for Humanity, announced the news with CEO Alex Blania at a press event in San Francisco on Wednesday, which was called “last time”.
More than 7,000 world jewelry will be available for the iris scan at the physical “world place” places in Atlanta, Austin, Los Angeles, Miami, Nashville and San Francisco, as well as at Razor Stores. The tool for humanity updated the physical design of the orb last year, and on Wednesday, it teased a small “arb mini” that resembles a smartphone.
Since it was founded in 2019 by Altman, Blania, and Max NovendStern, the declared mission of the startup has been to create a primary method to verify world IDs online. The vested target is to address the social influence of Openai’s other company Openai. As the AI ​​becomes more advanced, the idea is that it will be necessary to differentiate between a system like world ID and what not. In the point of view of the future Altman, WorldCoine can also serve as universal basic income for individuals whose jobs are replaced by AI.
In addition to its upcoming debit cards with visa, the primary way to use worldCoine is through the World Wallet App, which enables users to send the WLD and other cryptocurrency to each other through a private chat service that is associated with the World ID. The World Mobile App also offers more than 150 mini-apps, including a new new from the prediction market Kalashi. The world strip, match group, tinder is also launching ID Integration with Tinder’s original company and Razor’s gaming platform.
While the previous SEC president Gary Gensler took a hard-line, litigation approach to Crypto, the Trump administration has dialed significantly in the investigation of the space. That political change gave humanity’s equipment confident of launching worldcon in the US, although the token is still not available in the state of New York.
Despite facing strong pushbacks From other governments Due to its use of biometric data, WorldCoine still managed to become one of the world’s largest crypto projects. Startup says that, so far, its ORBS has verified 12 million humans from more than 100 countries on its Etharium-based world chain. Meanwhile, the price of the WLD has been wildly ups and down. It was trading below the price of the beginning of 2023 before Wednesday’s incident.