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Worldcoin’s Universal Basic Income: A Solution for 8 Billion People

• Worldcoin is a Web3 project that seeks to create a system which will eventually freely distribute tokens to all 8 billion people on the planet as a form of universal basic income.
• The project requires an AI-proof system to distinguish between real humans and digital fakes, and they have created “The Orb” device to scan eyeballs for this purpose.
• Worldcoin was co-founded by Sam Altman, CEO of OpenAI, who believes AGI (Artificial General Intelligence) could unlock wondrous leaps of productivity – potentially conferring financial benefits to the world.

About Worldcoin

Worldcoin is a Web3 project that seeks to create a system which will eventually freely distribute tokens to all 8 billion people on the planet as a form of universal basic income. This requires an AI-proof system for distinguishing between real humans and digital fakes, and they have created “The Orb” device – which scans eyeballs – for this purpose. The project was co-founded by Sam Altman, CEO of OpenAI.

Sam Altman’s Vision

Sam Altman believes AGI (Artificial General Intelligence) could unlock wondrous leaps of productivity – potentially conferring financial benefits to the world. He sees potential in Worldcoin’s ability to provide open-source and decentralized financial tools that are accessible to everyone globally.

The Orb Device

The Orb is a physical device designed by Worldcoin that scans eyeballs in order to verify that someone is human and not an AI-created fake. It’s goal is for The Orb scan every eyeball of every human who walks the Earth, so that everyone has access to open-source and decentralized financial tools.

Collaboration with OpenAI

Worldcoin has been able collaborate with OpenAI due it’s co-founder Sam Altman, who also serves as CEO of OpenAI (creator of ChatGPT). This collaboration has allowed them gain access resources from both companies which gives them more opportunities for success in their mission.

Goal: Universal Basic Income

Worldcoins ultimate goal is create universal basic income (UBI) for eight billion people across the globe by providing open source decentralized financial tools that can be accessed by everyone regardless where they come from or their current economic status.