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

submitted 11 months ago by [email protected] to c/[email protected]

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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.

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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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[–] [email protected] 2 points 11 months ago

I guess this is the endgame for tracking every user in the world but they added "universal basic income" in the title so that its not so obvious what they are up to?