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Sam Altman, AI, and Universal Basic (Crypto) Income

July 25, 2023
in Web3
Reading Time: 2 mins read
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TL;DR

With the launch of the WLD token, so too got here the whitepaper explaining it is tokenomics.

Worldcoin’s mission is to create a globally-inclusive id and monetary community, owned by the vast majority of humanity.

The imaginative and prescient is for everybody on this planet to transact with Worldcoin, implementing common fundamental revenue (UBI), and permitting us mere mortals to pretty co-exist alongside basic AI.

Full Story

Yesterday, WLD went dwell.

WLD is the token for Worldcoin, Sam Altman’s different startup (together with OpenAI).

With the launch of the WLD token, so too got here the whitepaper explaining it is tokenomics.

We learn via it, so you do not have to:

WLD’s whole provide is mounted at 10 billion WLD for the primary 15 years.

Within the 12 months 2038, an inflation price of 1.5% could possibly be instituted by voters (it is as much as the holders).

Based mostly on Coinmarketcap, the overall circulating provide on the time of writing is ~106 million WLD tokens (1.06% of whole provide), with a market cap of round $230 Million USD.

ICYMI, Worldcoin’s mission is to create a globally-inclusive id and monetary community, owned by the vast majority of humanity.

They’re utilizing some fairly wild strategies to attain mentioned mission, with their major product being ‘The Orb’ which scans your retina, to gather your biometric information, and show that you are a human.

The imaginative and prescient is for everybody on this planet to transact with Worldcoin, implementing common fundamental revenue (UBI), and permitting us mere mortals to pretty co-exist alongside basic AI.

It is a loopy and audacious idea.

(And we adore it!)

If you wish to learn a deep dive on Worldcoin, from somebody who’s truly had his retina scanned, examine this out.

Within the meantime, we’ll simply quietly return to studying in regards to the third technology of the web, and shutting our eyes each time we see a spherical object (simply in case!).

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Tags: AltmanBasicCryptoIncomeSamUniversal
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