Worldcoin stands out as an iris biometric cryptocurrency project. The project will also come with the World ID system, iris-scanning Orb, and Wold App wallet. Although many experts express concerns about privacy and security related to the project, Sam Altman, the co-founder of Worldcoin, believes that privacy concerns will decrease over time due to the open-source nature of the company’s iris-scanning artificial intelligence.
“Time Has Come” Message Shared from Worldcoin’s Official Twitter Account
The official Twitter account of Worldcoin shared a message late on July 23rd saying “Time has come. 24.7.23.” Although no further details were provided in the post, it hinted at the altcoin’s launch today.
The spokesperson for Tools for Humanity, the technology company behind Woldcoin, declined to comment on the launch or provide further details about the altcoin.
Tools for Humanity, which received a $115 million investment from Blockchain Capital in its Series C funding round, counts a16z, Bain Capital Crypto, and Distributed Global among its other investors. Additionally, the company raised $100 million with a $3 billion valuation in March last year.
1 Billion WLD Tokens Issued
Arkham Intelligence, a company specializing in blockchain analytics, reported that the contract address created for the Worldcoin project is 0x163f8C2467924be0ae7B5347228CABF260318753. Looking at the details of the contract address, it can be seen that the supply of the altcoin is 1 billion tokens, and a portion of it has been sent to various cryptocurrency exchanges.
Data shows that some WLD tokens have been sent to OKX and Bybit exchanges, while more than 95% of WLD tokens are held in six wallet addresses.
