FEATURE: Inside Sam Altman’s Worldcoin and its quest to catalog all humans
, which gives users a way to manage their verified ID and a range of cryptocurrencies; and Worldcoin, the token. With the exception of the token, all these tools debuted earlier this year.
Through a relationship with a German unit of Florida-based Jabil, sources said Worldcoin could produce 400 orbs a month. One year earlier, it had just 30 orbs in circulation, according to a Bloomberg report at the time. According to Blockchain Capital’s Bogart, much of Worldcoin’s expenditure to date has been focused on building and distributing orbs.
Worldcoin took steps to try to contain the issue, including adjustments to the sign-up process and the introduction of dynamic, instead of static, QR codes. It is also working on giving people a way to recover their World ID by revisiting an orb.“sensitive data was not exposed.” Yet privacy concerns about the orb persist. Harry Halpin, CEO of Swiss privacy startup Nym Technologies, is a vocal critic.
In exchange for getting their eyeballs scanned, registered users will be granted Worldcoin tokens via an airdrop. The December 2022 deck suggests users will be able to claim more tokens every week, with amounts decreasing over time. “Those people around the world who have already verified their uniqueness at an Orb will receive their allocation of the WLD token via World App at launch, and people who verify after launch will also be able to claim their allocation, so long as they are located in a place where the WLD token is intended to be available,” said Worldcoin“At the moment, eligible verified users can claim 1 free WLD token per week with no maximum. The amount is consistent across applicable regions,” they said.
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