The Ambitious Goal of Worldcoin: Universal Basic Income for All
Worldcoin is a crypto project co-founded by Sam Altman, CEO of OpenAI, with the goal of freely distributing tokens to all eight billion people on the planet as a form of universal basic income (UBI). However, before they can achieve this, they need to create a system to prove that individuals are human beings, not AI-generated fakes. To do this, they have developed a device called “The Orb” that can scan people’s eyeballs. The ultimate aim is to provide open-source and decentralized financial tools to everyone.
Key Points:
1. Worldcoin’s goal is to distribute tokens as universal basic income to all eight billion people on the planet.
2. They have created “The Orb,” a physical device that scans people’s eyeballs to verify their humanity.
3. The project was co-founded by Sam Altman, CEO of OpenAI, who believes in the potential of AGI and the importance of UBI.
4. Worldcoin aims to provide self-sovereign identity and access to decentralized financial tools to everyone.
5. The project has gained 1.8 million signups so far, with a goal of reaching 8 billion.
Hot Take
Worldcoin’s ambition to provide universal basic income and self-sovereign identity to all is undoubtedly audacious. While the idea may seem far-fetched, the project’s co-founder and CEO, Alex Blania, believes that if successful, it could lead to one of the most profound technological shifts in history. However, there are concerns about the implications and challenges of such a massive undertaking, including the need for widespread adoption and regulatory considerations. Only time will tell if Worldcoin can achieve its lofty goals.
Cora Skindell is a standout figure in the world of cryptocurrency analysis, research, and editorial expertise. As a seasoned crypto analyst and researcher, Cora’s insights delve deep into the complexities of digital assets, resonating with a diverse audience. Her ability to dissect intricate crypto concepts is complemented by her adept editorial skills, enabling her to distill complex information into easily understandable content.