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Sam Altman’s Worldcoin token to launch Monday

www.semafor.com Sam Altman’s Worldcoin token to launch Monday | Semafor

The coin has the ambitious goal of solving online identity authentication and income inequality.

Sam Altman’s Worldcoin token to launch Monday	 | Semafor

The token has been controversial in Silicon Valley for its ambitious and unorthodox approach to trying to solve two vexing problems: Online identity authentication and income inequality.

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The token economics — a breakdown of how the tokens will be distributed — will be made public Monday, the people said.

Tools for Humanity has offered people around the world free Worldcoin tokens, called “WLD,” in exchange for scanning their irises with a device called “The Orb.” The iris scans ensure that each person can have only one Worldcoin ID.

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