Worldcoin is one of Sam Altman’s most ambitious projects. an application that we can periodically receiving tokens to verify that we are human and not an artificial intelligence. A kind of “universal income” in exchange for scanning our iris.

The project has more than 2 million users in beta and is officially launching today. This new WLD cryptocurrency Here. Registered ones can already get and exchange these tokens.

Launched in 20 different countries, including Spain, Worldcoin is one of the most remarkable crypto and digital identity projects of recent times. We have a very simple application, a cryptocurrency that will change in value, and a device called Orb, which is used to register the iris and whose operation is shared with us in all its details to minimize doubts about its operation.

Sam Altman and the Germany-based team at Worldcoin managed to raise more than $250 million to get this app up and running. As the founder of OpenAI himself explains, the goal is simple: “to launch a global network of finance and identity based on the evidence of humanity. Especially important in the age of artificial intelligence.”

Free coins for your iris

They currently have 2 million users already providing their biometric dataHowever Altman wants Let this number be 2 billion. Basically a large part of the population. It will periodically assign tokens to all of them.

“One can do whatever one wants with these tokens. World App is like the blockchain wallet my grandma could use,” Worldcoin’s Europe director Ricardo Macieira told Xataka.

Currently, these WLD tokens will not be available in the United States due to regulatory uncertainty. Despite the legal decision taken with Ripple, it is not yet clear to what extent these tokens can be considered ‘securities’. On the other hand, cryptocurrencies are well defined in the European Union and companies like Worldcoin already know the requirements they must meet to comply with the legislation.

As explained in the WLD whitepaper, company will hold 20% of all tokens To fund the development of the Orb. During the first 15 years there will be a maximum of 10 billion tokens and 144 million in circulation.

They announced that they will also include other exchanges such as Binance, which benefit from the launch of this new token, which will be available for free through the World App. Right now WLD trades at around $2.65.

During the token launch process, Worldcoin migrated tokens from the Polygon network to the Optimism network. It’s a process that you have to accept from the app and takes a few minutes.

Sam Altman and Worldcoin created an app that comes with the promise of free cryptocurrency every week. A very striking premise, complemented by a very well developed digital identity system. All in exchange for an iris scan that seems like an extreme thing to demand from basically anyone.

on Xataka | Governments and companies are vying for identity management, one of the most valuable assets of the century.