Mark your calendars for July 24 as Sam Altman, the CEO of OpenAI and the mastermind behind ChatGPT, is all set to unveil his latest creation, the cryptocurrency “Worldcoin.” The news comes after he recently disclosed the tokenomics of Worldcoin, and today, we can expect the distribution plan for Worldcoin tokens to be made public, as reported by trusted sources.
Worldcoin is an extraordinary project that incorporates an iris biometric system, making it stand out from other cryptocurrencies. The project also includes the World ID system, the iris-scanner Orb, and the World App wallet, providing a unique and secure user experience. Although some experts have expressed concerns about privacy and safety due to the iris-scanning AI, Sam Altman, the co-founder of Worldcoin, reassures the community that these concerns will diminish as they open-source the code, ensuring transparency and trust.
It's time. 24.7.23 pic.twitter.com/9oHW4DIMJX
— Worldcoin (@worldcoin) July 23, 2023
A cryptic message was shared on Worldcoin’s official Twitter account late Sunday, teasing the imminent launch with the words “It’s time. 24.7.23.” While the post did not provide further details, it undoubtedly created a wave of excitement among crypto enthusiasts eagerly awaiting the big reveal.
However, a spokesperson from Tools for Humanity, the technology company behind Worldcoin, declined to comment on the specifics of the launch, leaving everyone on the edge of their seats.
In an unexpected turn of events, the crypto exchange OKX has already opened the Worldcoin (WLD) recharge page, signaling its readiness to support ERC20 and Optimism. This move further adds to the anticipation surrounding the Worldcoin launch.
Worldcoin’s journey to realization has been backed by substantial funding. In a Series C funding round, the company managed to raise an impressive $115 million from Blockchain Capital, with other major investors including a16z, Bain Capital Crypto, and Distributed Global. As of March last year, the company had already secured $100 million, solidifying its position with a staggering $3 billion valuation.
According to Arkham Intelligence data, a total of 1 billion Worldcoin tokens will be in circulation. Notably, a significant portion of the total WLD tokens has already been sent to the deposit addresses of crypto exchanges OKX and Bybit. As it stands, a mere six wallet addresses currently hold over 95% of the total WLD tokens, indicating potential concentration in the market.
The launch of Worldcoin is undoubtedly an event that has captured the attention of the crypto community worldwide. With Sam Altman at the helm, and with the backing of prominent investors, Worldcoin’s innovative use of iris biometrics adds a new dimension to the crypto landscape. As we eagerly await the distribution plan, one thing is certain: Worldcoin’s entrance into the crypto world is bound to make waves and leave an indelible mark on the industry.
How to buy WorldCoin: https://www.binance.com/en/support/announcement/binance-will-list-worldcoin-wld-9bc08522433c44b1b0b9978d65c4f5e5
