The Worldcoin Foundation, co-founded by Sam Altman, Alex Blania, and Max Novendstern, announced the completion of the protocol migration from the Worldcoin project to OP Mainnet on July 24, 2023.

Sam Altman, recognized as CEO of OpenAI and creator of ChatGPT, is one of the key figures behind this initiative. The project aims to increase economic opportunity and enable global democratic processes in the Age of AI, and has also revealed plans to expand Orb’s World ID submissions to more than 35 cities in 20 countries globally.

The Worldcoin project has released the World ID SDK and minted the Worldcoin (WLD) token, which is now transactional on the blockchain. The token was distributed to the millions of eligible people who participated in the beta testing phase.

In addition, Tools for Humanity (TFH), a technology company that is based on the Worldcoin network, has unveiled a new version of the World App. This app is the first protocol-compliant wallet that currently allows people to reserve their share of the WLD digital currency, where permitted by law.

Worldcoin project co-founder and TFH CEO Alex Blania emphasized the importance of personality testing in the AI ​​age. He stated: “Through its unique technology, Worldcoin aims to provide anyone in the world, regardless of background, geography or income, access to the growing digital and global economy in a decentralized and privacy-preserving way.”

The Worldcoin project was conceived to address the problem of 4.4 billion people around the world who lack a digitally verifiable legal identity. This lack of identity limits their participation in the global economy and access to critical services such as government aid, financial services, and health care.

The Worldcoin protocol includes World ID, a privacy-preserving digital identity; the Worldcoin (WLD) token, the first digital currency that is freely distributed to people just for being a unique human being; and World App, the first World ID-enabled app that enables global payments, purchases and transfers using digital assets and fiat-backed stablecoins.

The Worldcoin Foundation aims to make institutions of government and the global digital economy more inclusive, fair and equitable. The Worldcoin protocol, World ID, WLD tokens, and the World app are now available worldwide where permitted by law. Orb verified World ID services are expected to be rolled out in more than 35 cities in the coming months.

However, potential users should be aware that crypto products can be very risky and their regulatory treatment is unresolved in many jurisdictions. The technologies that make up Worldcoin, including the WLD token, are experimental in nature. There is no guarantee that the network will work as intended.

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