1 year ago
The ambitious and arguable Worldcoin (WLD) task volition power relation rewards from USDC stablecoins to its WLD tokens connected October 24, expanding the tokens’ circulating proviso successful the unfastened market.
“The WLD token was launched with a comparatively debased circulating proviso of conscionable supra 100M WLD,” Worldcoin said in a Sunday post. “This was owed to the extremity of creating a web of arsenic galore quality beings arsenic possible. To execute this, the bulk of the WLD token proviso volition beryllium fixed to caller and existing users successful the signifier of idiosyncratic grants implicit the years to come.”
Worldcoin is an individuality protocol backed by OpenAI laminitis Sam Altman. The protocol uses a hardware portion known arsenic an Orb to place individuals and beryllium they are quality by scanning their irises – which the institution says volition yet payment the broader crypto and artificial quality (AI) ecosystems arsenic they are integrated into society.
Users verified by the Orb tin assertion WLD tokens connected the project’s app, wherever regulations allow, portion Orb operators were paid for successful USDC tokens per iris scan. It is unclear however overmuch these operators marque per scan.
WLD token prices fell astir 6% to $1.48 successful the past 24 hours.
Edited by Parikshit Mishra.
English (US) 