Worldcoin Launches an Open-Edition NFT on Zora
In Brief
Worldcoin commemorates its launch by releasing an open-edition NFT collectible.
Individuals can mint the tokens for free for a limited time; the initiative expires on July 31.
Worldcoin commemorates its launch by releasing an open-edition NFT collectible. The memorabilia token is issued on the NFT marketplace Zora.
On one side, the artwork features Wordcoin’s logo. On the other side, it states: “If successful, we believe Worldcoin could drastically increase economic opportunity, scale a reliable solution for distinguishing humans from AI online while preserving privacy, enable global democratic processes, and eventually show a potential path to AI-funded UBI.” Both sides of the animated artwork feature “Worldcoin” and “July 24,” the day when the project went live.
Notably, individuals can mint the tokens for free for a limited time; the initiative expires on July 31. As of the moment of writing, 5,040 non-fungible tokens have been minted.
Wordcoin is the largest identity and financial public network. It is a decentralized open-source protocol supported by a global community of developers, economists, and technologists. The project aims to expand access to the global digital economy. Wordlcoin was developed by Sam Altman, the CEO of OpenAI, and Alex Blania, the CEO and Co-founder of Tools For Humanity.
The project includes World ID, a digital identification system built to protect privacy. With these features, users can verify their identities and receive a Worldcoin token, WLD. However, not every country has clear rules about users receiving monetary bonuses for registering on platforms. For instance, in the United States, people cannot profit from participating in the project. Aside from that, Worldcoin claims that the WLD is the “first token to be globally and freely distributed to people just for being a unique individual.”
Individuals can now download the World App, the first protocol-compatible wallet, to reserve their shares. After visiting the biometric verification device called Orb, users receive their World IDs. Then, they can receive the WLD token and use the World App, which enables payment, purchases, and transfers globally using digital assets and traditional currencies.
The list of the closest Orbs can be found on the project’s website. Orb visits can also be scheduled on the same page.
Read more:
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]
More articlesValeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]