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Worldcoin aims to create an inclusive network for all individuals, with over 60% of the $WLD token supply allocated to users through User Grants. Orb-verified individuals receive grants, including the Welcome Grant. Worldcoin is founded by Silicon Valley entrepreneur Sam Altman, President of ChatGPT and Y Combinator, who aims to provide free cryptocurrency in exchange for scanning people's eyes. The Worldcoin Foundation's open-source protocol uses eye-scanning for user authentication, enhancing security. World ID serves as a human passport for accessing online services, verified privately with an Orb, enabling easy sign-in to websites, mobile apps, and crypto ÐApps without sharing personal data.
Our vision at Worldcoin is to establish an inclusive network for all individuals, with over 60% of the $WLD token supply dedicated to User Grants. Users can receive $WLD upon verification, as well as Recurring Grants worth 25 $WLD that diminish over time. Through partnerships with ChatGPT and Y Combinator, we aim to provide free cryptocurrency in exchange for a vast eye-scanning initiative, as featured in CNBC and CoinDesk. The Worldcoin Foundation's open-source protocol utilizes eye-scanning for user authentication, enhancing security measures. World ID serves as a digital passport for accessing various online services, verified in a private manner using an Orb. This enables convenient sign-in to websites, mobile apps, and crypto ÐApps, all while safeguarding one's identity without disclosing personal information.
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