Breaking news: Worldcoin (WLD) has finally been launched!

Offering new economic opportunities, creating a “reliable solution to distinguish humans from AI”, etc… Looking at these ambitious objectives, we can say that Sam Altman has one foot in the present, and the other in the future. He and his team must have been hard at work, for three years, to get to the stage of officially launching a crypto-asset like this. Now that Worldcoin is here, investors had better keep a close eye on it.

The father of ChatGPT launches Worldcoin

Sam Altman has already turned the world upside down with his high-powered chatbot ChatGPT. Thirsting for success and invention, the OpenAI CEO announced another grandiose project towards the end of May: WorldCoin.

Worldcoin is akin to an altcoin, which other bitcoin maximalists don’t hesitate to call “inclusive shitcoin”. In their eyes, altcoins are merely experiments, promises of enterprise. In other words, assets that promote centralization. But bitcoin is all about decentralization, neutrality and freedom from censorship.

Worldcoin, a digital identity crypto project co-founded by OpenAI's Sam Altman, has officially launched. https://t.co/ptz60xHMwE

— Bloomberg Crypto (@crypto) July 24, 2023

According to Bloomberg, the team behind “The Worldcoin token” (WLD) has been fine-tuning the project for at least three years. This crypto-asset, signed Tools For Humanity, is distinguished by its derivatives. These include:

• WorldID, a digital identity device designed to protect users’ privacy;

• WLD, the project’s native cryptocurrency.

“Worldcoin consists of a privacy-preserving digital identity (World ID) and, where laws allow, a digital currency (WLD) received simply for being human. We hope that, where the rules are less clear, such as in the U.S., steps will be taken so more people can benefit from both”, states the official press release introducing the project.

Aussitôt né, aussitôt adopté

CoinDesk, which calls Worldcoin a “highly anticipated project”, has revealed that Sam Altman’s token has already been listed by popular crypto exchanges. Binance, OKX, Bybit and Huobi didn’t wait long to list them on their platforms.

On Bybit and Huobi, it is now possible to make deposits and transactions in WLD. Their users can even exchange WLD/USDT or WLD/USDC for cash.

The crypto media also reported that Worldcoin saw a 20% rise at the time of its launch. It was trading at $2 a coin.

Free WLDs?

Tools For Humanity claims to have attracted around 2 million users since then. As far as its tokenomics is concerned, here are some very important figures:

• Total WLDs in circulation: 10 billion ;

• Total WLD allocated to the community: 75% ;

• Total WLD allocated to initial development team: 9.8% ;

• Total WLD paid to investors: 13.5%.

It should be noted that Tools For Humanity has already distributed free WLDs to a multitude of people. To do so, the company simply asked them to scan their irises using The Orb, a mobile tool capable of distinguishing man from robot.