Crypto project Worldcoin, founded by Sam Altman, is preparing to launch its WLD token and Mainnet today. The announcement was made on Twitter over the weekend.
On the other hand, according to the last minute development, Binance announced that it will list this altcoin.
At 12:00 today (09:00 UTC), WLD is expected to be listed on Binance.
Announcement Made for Artificial Intelligence Company's Altcoin Project
Known as the co-founder of Open AI, Sam Altman was known to have been working on Worldcoin for a long time.
As it is known, Open AI is the company behind ChatGPT, which has taken the world by storm recently.
The team behind Worldcoin, known as Tools for Humanity, raised an impressive $115 million in a Series C funding round in May.
The funding was led by Blockchain Capital, with participation from leading investors including a16z, Bain Capital Crypto, and Distributed Global.
One of the key concepts behind Worldcoin is the need for solid proof of personality, especially in the age of artificial intelligence.
According to Worldcoin co-founder Alex Blania, the debate over proof of personality is no longer a matter of serious contention; instead, the focus is on privacy-first, decentralized and inclusive solutions.
The exact details of the project's Tokenomics will be released later and promise to bring more clarity to the economic model of the project. In May, Worldcoin launched a wallet for the protocol called World App that runs on the Polygon network.
As Worldcoin's mainnet and WLD token go live, the project aims to make strides in the crypto space with its proof-of-personality and innovative approach to decentralized solutions.
The launch marks an important step in the evolution of Worldcoin. The project looks like it will be of interest to the crypto community.
*Not investment advice.