Launch of Worldcoin, its WLD crypto listed on Binance and other exchanges

The Sam Altman, Worldcoin, a officially made its debut. His WLD cryptocurrency lands on Binance and others exchanges.

While sources close to the matter were reporting an imminent launch last night, the Worldcoin announced this morning the deployment of its blockchain network OP Mainnet.

Over three years ago, we founded Worldcoin with the ambition of creating a new identity and financial network owned by all; the launch begins today. If successful, we believe Worldcoin could dramatically increase economic opportunity, scale a reliable solution to distinguish humans from AI online while preserving privacy and enabling global democracy.” tweeted WorldCoin.

The project coordinated by Sam Altmanthe co-founder of OpenAI, designed a ” of global digital identities “based on the eye scan. The idea is simple: exploit iris recognition to create unforgeable digital identities.

According to Tools for Humanity, the startup behind Worldcoin, theartificial intelligence raises new questions about “what is human and what is not on the Internet”.

You can now download World App, the first protocol-compatible wallet. After visiting an Orb, a biometric verification device, you’ll receive a World ID. This allows you to prove that you’re a real and unique person online while remaining completely private,” Worldcoin said.

To entice users to scan their eyeballs, the project is distributing a token named Worldcoin (WLD). The protocol was recently migrated from Polygon to Optimism.

The tokens promised to those who signed up during the beta – more than 2 million, according to the press release – are being distributed today, and big crypto-currency exchange platformssuch as Binance, are currently in the process of listing token.

#Binance will list @worldcoin $WLD.

👉 https://t.co/WmsuRY8YJc pic.twitter.com/7Bja3w7kxF

– Binance (@binance) July 24, 2023

The Worldcoin foundation plans to keep 20% of total supply of WLD in order to finance “the production of Orb and the initial development of the protocol”. The token is not currently available in the U.S. due to the current regulatory vagueness on the crypto.

Worldcoin is backed by major investors like a16z, Blockchain Capital and Bain Capital. The digital identities project had also raised funds from several crypto giants that subsequently filed for bankruptcy, such as FTX and 3AC.

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