it’s time 24.7.23 pic.twitter.com/9oHW4DIMJX
— Worldcoin (@worldcoin) July 23, 2023
Worldcoin, a project created in part by OpenAI CEO Sam Altman, launched the project’s ecosystem token on July 24.
The project has continuously divided opinion from the crypto space to Silicon Valley, with some praising the project’s ambition and others calling it creepy and dystopian. Despite these comments, the project continues to pursue its goal of solving income inequality and online identity authentication.
The project was first launched on March 14, along with a waiting list for its software development kit (SDK). According to his team, the World ID will be a global digital passport that users can store on their phones. The project also claims that World ID will prove that they are not bots without the need to provide personally identifiable information to websites, such as their phone number.
On May 8, the project launched its gasless crypto wallet for verified humans. This allowed users to take advantage of gas-free transfers by signing up for a global ID, where they would be asked to provide a phone number or an iris scan.