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OpenAI CEO "World Coin" is officially launched! The market value of the project is close to the valuation of OpenAI. Source | Zhidong ID | zhidxcom reported on July 25 that the co-founders of the Worldcoin project, including OpenAI CEO Sam Altman (Sam Altman), jointly issued a document yesterday, officially launching the digital currency project "Worldcoin (World Currency )".
AI will have a huge impact on the global economy, Altman said, and Worldcoin can help address how generative AI can reshape the world economy. At the same time, he believes that in the era of generative AI, it is very important to distinguish between humans and AI, which is a necessary guarantee for the world of "UBI (universal basic income, universal basic income)".
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▲An open letter issued by Worldcoin project co-founders Sam Altman and Alex Brenia (Chinese version, translated by Apple), source: Worldcoin
At the same time as the Worldcoin project was released, the corresponding digital currency "Worldcoin" Worldcoin token (WLD) and related applications World App were also officially released. The World App allows users to pay, purchase and transfer globally with digital assets or legal tender.
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▲World App, source: Worldcoin
To understand simply, Worldcoin is a digital currency that can be used globally and is not restricted by national borders. Users can use Worldcoin for transactions. According to official information, the World Coin is collected by "doing tasks". In the early stage, you can receive 1 per week, and the subsequent collection interval will increase, such as 1 per month.
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▲Worldcoin, source: Worldcoin
At 17:00 on July 24th, Beijing time, Worldcoin was officially launched on the digital currency exchange Binance. Its price rose to $5.29 at the beginning of its launch, and is currently fluctuating around $2. It is estimated that the value of the Worldcoin project is about 28 billion US dollars, which is similar to the valuation of OpenAI after completing a new round of financing.
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▲The price trend of Worldcoin WLD since its launch, as of 10 am Beijing time on July 25th, source: Binance
According to real-time statistics on Worldcoin's official website, Worldcoin currently has more than 2.06 million users.
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▲Real-time user data statistics on Worldcoin official website, the cut-off time for pictures is 9:00 a.m. Beijing time on July 25th, source: Worldcoin
To put it simply, Worldcoin can provide a reliable solution to distinguish between humans and AI while protecting privacy. Its core includes a digital ID (World ID) that can protect privacy. If the user is a human, he can receive digital currency.
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▲World ID, source: Worldcoin
In 2021, Altman and Brenia founded the Worldcoin project, and their goal is to create a "new identity and financial network owned by everyone." The World App can be downloaded from the official website, Apple App Store and Google Play. After authenticating through the iris biometric device Orb, users receive a digital ID that proves that you are a real human being and unique.
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▲World App can be downloaded on the official website, Apple App Store and Google Play, source: Worldcoin
It should be noted that the biometric device Orb is a physical device that needs to be used offline, not a biometric program built into the mobile app, and the Orb is not small.
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▲Orb, source: Worldcoin Twitter
Worldcoin also released an official dismantling diagram of its internal structure, which is still relatively complicated.
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▲Orb internal structure, source: Worldcoin Twitter
According to official information, Worldcoin is open source. At present, the Worldcoin Foundation is mainly responsible for the operation and community development of Worldcoin, and is also the initiator of the project. Tools for Humanity is responsible for the technical support behind the Worldcoin project and the development and operation of the World App. . In addition, Worldcoin has also released related white papers to further explain its operation mode and technology involved.
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▲Worldcoin white paper, source: Worldcoin
According to the information in the white paper, within the first 15 years of release, the upper limit of Worldcoin's world currency WLD is 10 billion, and the upper limit will be gradually unlocked in the future.
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▲Worldcoin supply schedule, source: Worldcoin
White paper download link: https://whitepaper.worldcoin.org/ At the end of the article, the two project founders also mentioned that the future of Worldcoin is full of challenges and the results are uncertain, but they still hope to use this new way to Sharing the coming technological boom is the key challenge they must face in this era.
Conclusion: AIGC Accelerated Development
The digital world calls for new ways to play
Today, we are no strangers to the concept of digital currency. As the CEO of OpenAI, the company that launched ChatGPT, Altman released Worldcoin together with industry leaders, which will inevitably have a profound impact on the entire industry. Based on the distinction between humans and AI and a series of blockchain technologies, Worldcoin has proposed a new set of solutions to deal with various data security, privacy security and other challenges brought about by the rapid development of AI. And what impact the development of AI technology will have, we will wait and see.