Sam Altman, AI, and Universal Basic (Crypto) Income
TL;DR
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With the launch of the WLD token, so too got here the whitepaper explaining it is tokenomics.
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Worldcoin’s mission is to create a globally-inclusive identification and monetary community, owned by the vast majority of humanity.
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The imaginative and prescient is for everybody on the planet to transact with Worldcoin, implementing common fundamental revenue (UBI), and permitting us mere mortals to pretty co-exist alongside normal AI.
Full Story
Yesterday, WLD went reside.
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 by way of it, so you do not have to:
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WLD’s whole provide is fastened at 10 billion WLD for the primary 15 years.
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Within the yr 2038, an inflation fee of 1.5% might be instituted by voters (it is as much as the holders).
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Primarily based 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 identification and monetary community, owned by the vast majority of humanity.
They’re utilizing some fairly wild strategies to attain stated mission, with their major product being ‘The Orb’ which scans your retina, to gather your biometric knowledge, and show that you are a human.
The imaginative and prescient is for everybody on the planet to transact with Worldcoin, implementing common fundamental revenue (UBI), and permitting us mere mortals to pretty co-exist alongside normal AI.
This can be a loopy and audacious idea.
(And we find it irresistible!)
If you wish to learn a deep dive on Worldcoin, from somebody who’s really had his retina scanned, check this out.
Within the meantime, we’ll simply quietly return to studying in regards to the third era of the web, and shutting our eyes each time we see a spherical object (simply in case!).