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Sam Altman’s Worldcoin token to launch Monday (www.semafor.com)

submitted 1 year ago by bouncing@partizle.com to c/technology@beehaw.org

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The token has been controversial in Silicon Valley for its ambitious and unorthodox approach to trying to solve two vexing problems: Online identity authentication and income inequality.

...

The token economics — a breakdown of how the tokens will be distributed — will be made public Monday, the people said.

Tools for Humanity has offered people around the world free Worldcoin tokens, called “WLD,” in exchange for scanning their irises with a device called “The Orb.” The iris scans ensure that each person can have only one Worldcoin ID.

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[–] lightninhopkins@beehaw.org 6 points 1 year ago

It's web 3!!!!!! /s