Worldcoin showcases the “orb” scanner, which aims to distribute cryptocurrency to one billion people. More than 100,000 people have had their eyes checked for a cryptocurrency called Worldcoin, a project to widely distribute digital money around the world. The world is accelerating.
The developers of the project said Thursday that they plan to release hundreds of episodes in the coming months and eventually distribute 4,000 episodes. The team plans to use the cryptocurrency network early next year and launch tokens at that time. They did not mention how much digital currency users can get.
Worldcoin is one of the most ambitious and cutting-edge efforts to bring cryptocurrency to the people of the world, similar to the economic concept of public revenue. The project has already been widely criticized, with its developers admitting that "the outcome is uncertain". Erases unique strings of letters and numbers before permanently deleting photos. The resulting code is simply used to check if the user has already claimed a share of the Worldcoin tokens. “Even if I have your iris token like this, I don’t have a chance to find out who you really are in the Chinese block,” said Plania, referring to the digital office backed by cryptocurrency. Worldcoin is based on the Atrium China block. The Worldcoin Support Team has raised $25 million in risky investments, including a $1 billion round led by Andreessen Horowitz, in Tools for Humanity.
Sam Altman, the former president of Y Combinator, is also the project's investor and founder. Altman has been a staunch supporter of global public revenue, the concept of providing regular free money to people.
Worldcoin plans to issue a total of 10 billion tokens, 80% of which will go to users, and 10%. To the company's investors and another 10% to the enterprise for ball production and network development. A WorldQueen spokesperson said the company plans to launch the foundation before the network is launched.
Like many cryptocurrency projects, Worldcoin is not backed by any hard assets and its value can fluctuate based on its popularity.
Worldcoin estimates that the network can reach more than 1 billion people in its first two years of operation, assuming people continue to sign up at current rates and the team achieves its distribution goals.
People who sign up for Worldcoin will receive a full token allocation over time through a predetermined schedule, which Plania says is still in development.
Plania said the amount of Worldcoin distribution ultimately depends on the design of the royalty program and the speed of user registration.
So far, Worldcoin has distributed orbs to 12 countries in Africa, South America, Europe and Asia. The company registered more than 10,000 people in Chile by employing 20 people working in shifts.
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Over 100,000 people have their eyes checked for free cryptocurrencies
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