The Worldcoin project was co-founded by Alex Blania, Sam Altman and Max Novendstern. Sam Altman is the CEO of OpenAI and also a co-founder of Worldcoin . Worldcoin’s investors include Andreesen Horowitz, a large Silicon Valley investment company that has made a lot of bets in the cryptocurrency space. Tools for Humanity is Worldcoin’s founding partner and currently serves as an advisor and operator of the Foundation and World App.
Worldcoin is a global project that uses cryptocurrency technology to provide everyone with the opportunity to participate in and access the global economy, regardless of their country or background. Worldcoin’s goal is to distribute its tokens for free to anyone who proves that they are real and unique using a device called Orb. Orb can protect the user’s privacy by scanning their eye, while ensuring that each person can only claim one share of Worldcoin.
Worldcoin is an open-source protocol, supported by a global community of developers, individuals, economists and technologists. The Worldcoin Foundation is the steward of the project, and will support and grow the Worldcoin community until it becomes self-sufficient. Tools for Humanity is Worldcoin’s founding partner, and currently serves as an advisor and operator of the Foundation and World App.
World App is the first major consumer product released by Worldcoin, which is a wallet app that allows users to store and transfer crypto tokens via the Polygon blockchain. The app is currently in beta testing, and will eventually integrate more features related to Worldcoin and World ID. World ID is a digital identity system that can prove that the user is a human without revealing their real identity. The app also allows users to participate in the governance of the Worldcoin protocol.
Worldcoin expects to launch in the first half of 2023. By then, it will be the first token to be globally and freely distributed to people, with both utility and future governance rights. Worldcoin hopes to accelerate the transition to an economic future that welcomes and benefits everyone on the planet in this way.
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