Worldcoin Releases Tokenomics After Mainnet Launch, but Site Access Issues Arise
According to Coindesk, The Worldcoin (WLD) project released its tokenomics after the launch of the mainnet, but some CoinDesk reporters in Greece, India, Italy, and the UK were unable to access the site due to geofencing. The company is investigating the issue. <br>
Worldcoin has released its Token Economics, with 75% allocated to the Worldcoin Community
According to the official white paper, Worldcoin's governance token WLD has an initial supply limit of 10 billion, with 75% being allocated to the Worldcoin community. Most of the tokens will be distributed to users, while some will be allocated to the ecological fund and network operations. 9.8% will be allocated to the initial development team, and 13.5% will be allocated to Tools for Humanity investors. The remaining 1.7% will be reserved for Tools for Humanity.
Worldcoin Launches Cryptocurrency Project with Unique Human Verification System
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, has launched its core offering, the World ID, which requires an in-person iris scan using the company's 'orb' to verify that the account holder is a real human. The project has 2 million users from its beta period and is scaling up "orbing" operations to 35 cities in 20 countries. World IDs could be used to distinguish between real people and AI bots online, and Altman believes the technology could help address income inequality by reducing fraud when deploying universal basic income.
Worldcoin Protocol Launches on OP Mainnet with World ID System and Orb Expansion
The Worldcoin Protocol has been launched on the OP Mainnet, previously known as the Optimism layer-2 blockchain. The Worldcoin Foundation and Tools for Humanity, the development partners, announced the launch. The Worldcoin Foundation also launched its World ID system and expanded its World App to over 80 countries, with plans to increase that number to 120. The World ID Software Development Kit (SDK) is now available to all developers, and the Worldcoin token is available for transactions on the blockchain. Worldcoin aims to increase economic participation while focusing on privacy and decentralization.
Breaking: OpenAI CEO Sam Altman to Launch “Worldcoin” Crypto
Sam Altman, CEO of OpenAI, is set to launch his Worldcoin cryptocurrency today, with the distribution plan for the tokens also being made public. Worldcoin is an iris biometric cryptocurrency project that includes an ID system, iris-scanner Orb, and Wold App wallet. The official Worldcoin Twitter account posted a message teasing the launch, but no further details have been released. Crypto exchange OKX has already opened the Worldcoin recharge page, supporting ERC20 and Optimism. The company raised $115 million in a Series C round from investors including Blockchain Capital, a16z, Bain Capital Crypto, and Distributed Global.
Worldcoin Team Releases Developer Documentation for ID SDK
Worldcoin, the open source protocol for globalized financial fairness and inclusion, has uploaded the developer documentation for the Worldcoin ID SDK, according to Worldcoin's public social media feeds. Developers can use this platform to participate in the globalized financial network.
Worldcoin’s World ID Project Surpasses 2 Million Users for Global Digital Passport
Worldcoin's World ID project, which aims to provide a global digital passport using zero-knowledge proofs to protect privacy, has surpassed two million users in less than half the time it took to reach the first million.
Spain Becomes Largest Operational Market in Europe for Worldcoin’s Privacy-Preserving Protocol
Spain has become the largest operational market in Europe for Worldcoin, following the project's expansion in the country. Worldcoin's World ID protocol, which allows users to prove their humanness and uniqueness online, has seen over 150,000 Spanish citizens sign up for it since launching in Madrid over a year ago. The project's user base is growing by an additional 20,000 users per month. Worldcoin has now expanded to Barcelona and partnered with Tech Barcelona and Adigital to further its expansion in the country.
Blockchain Project Worldcoin Collaborates with Okta to Launch World ID
June 29 (Cointime) - Worldcoin, a blockchain identity project, has partnered with Okta, an identity management software, to launch its proposed identity protocol, World ID, in Germany. The new protocol will use custom-designed hardware called The Orbs to verify German-based users using their biometric data.
Worldcoin's Safe Deployments to Optimism Network Cause Stir on Twitter
June 27 (Cointime) - According to a social media post by Tiago Sada, head of product for Worldcoin developer Tools for Humanity, a series of Safe deployments to the Optimism network over the past week were caused by Worldcoin.
