The Worldcoin whitepaper talks about the issuance of the currency.

Loopy Lu

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2023-07-24 15:34 (UTC+8)

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Sam Altman invites all of humanity to join the technological and economic revolution.

AI Summary

Sam Altman invites all of humanity to join the technological and economic revolution.

Today, Worldcoin officially released its token WLD.

Worldcoin's official Twitter released an open letter co-signed by Worldcoin founder Alex Blania and Sam Altman. Odaily has translated this open letter, full text as follows:

Over three years ago, we founded Worldcoin with the goal of creating a new identity and financial network owned by everyone in the world. Today, this project has been officially launched. If successful, we believe Worldcoin can significantly increase economic opportunities; provide a reliable solution for distinguishing between humans and AI while protecting privacy; promote global democratic processes; and ultimately demonstrate a potential AI-supported UBI path. (Odaily Note: UBI refers to Universal Basic Income.)

Worldcoin consists of a privacy-protecting digital identity (World ID) and a digital currency WLD that only humans are eligible to receive (where permitted by law). In areas where the rules are unclear (such as the United States), we will take measures to benefit more people.