What is worldcoin?

Worldcoin is an ambitious initiative founded by Sam Altman (OpenAI CEO) designed to create an inclusive global financial and identity network. The project's objective is to promote universal access to the global economy, regardless of geographic or socioeconomic boundaries.

What is worldcoin & a'minimalist wallet'?

The Worldcoin project made an announcement on May 8, 2023, revealing the launch of their new World App. The application dubbed the “minimalist wallet” is designed to bring “decentralized identity and finance” to the masses. The Worldcoin project, which was introduced to the public in October 2021, is backed by Sam Altman, CEO of Openai.

What is World app & how does it work?

World App, the first wallet for the Worldcoin ecosystem, is launching today. It’s designed to be friendly, and it supports private digital identity and a new financial system. You can use it to authenticate with World ID to prove you’re a real person, get your Worldcoin tokens and send digital money anywhere.

What is Sam Altman's worldcoin project?

Sam Altman’s Worldcoin project, which promises to distribute a universal basic income (UBI) to global citizens willing to have their retina scanned, came in for a fresh round of incredulous backlash from privacy advocates after announcing new funding last week.