🐐 Goat News 🐐
Hello, Goat Gang ☕
It’s Goat News time again! Today, we’re plunging into the world where crypto meets identity verification.
Let’s get comfy, grab that steaming coffee, and voyage into the fascinating dance of Worldcoin’s new ‘World ID’.
World ID: The Humanizing Iris Scanner
Worldcoin, OpenAI’s CEO Sam Altman’s brainchild, has unveiled ‘World ID’, a unique blend of crypto and biometrics.
This isn’t just a fancy digital passport — it’s an iris scan-based ID, a brainwave to distinguish us humans from AI bots online.
During its beta run, it clocked in an impressive 2 million users! Now, it’s growing its ‘orbing’ operations across 35 cities in 20 countries. Bonus point — new users get a dash of free WLD tokens!
At the core of World ID is the ‘orb’. This bowling-ball-like gadget scans your iris, affirms your human status, and creates a unique ID. These IDs will be safely stored on blockchains, immune to a single entity’s control. It’s privacy and security, wrapped in one!
The official launch of Worldcoin also saw the WLD token gaining significant momentum. Early Monday trading saw WLD prices catapulting to a hefty $5.29 peak on Binance. Starting from a humble $0.15, the token has reached a solid $2.49 with a trading volume of $25.1 million.
Now, if that isn’t a dance of numbers, what is? Alex Blania, Worldcoin co-founder, underscores the relevance of World IDs in the era of generative AI chatbots.
With platforms like ChatGPT churning out strikingly human-like conversations, World IDs aim to enhance online interactions while keeping the fraudsters at bay. Sam Altman sees Worldcoin as a vehicle to address economic shifts ushered in by generative AI.
With AI gradually taking over human tasks, a universal basic income (UBI) might be necessary to combat growing income inequality. World IDs could help facilitate UBI, preventing fraud and ensuring support lands where needed. A universal basic income might be a distant dream, but hey, you gotta start somewhere!
Crypto News Flash
Here’s a hot take on other crypto happenings:
- Worldcoin’s WLD token is climbing the crypto ladder. From $0.15, it’s reached $2.49, with a $25.1 million trading volume. That’s some strong hustle!
- Co-founder Alex Blania emphasizes World IDs as a shield in the age of AI chatbots. With World IDs in play, we can ensure safer online interactions and keep scammers at bay.
- Sam Altman views Worldcoin as a potential tool to handle the economic changes AI brings, paving the way for universal basic income (UBI) solutions.
Final Thoughts
Wrapping up, it’s evident that the divide between the physical and digital worlds is getting thinner. Worldcoin’s ‘World ID’ could be a significant step into a future where AI and humans can coexist peacefully.
As we move into this week, let’s keep our eyes wide open (kekw) to the endless possibilities our physical and digital lives may offer. Who knows where the next crypto innovation might spring from?
That’s all for today’s Goat News. Stay high-spirited, keep learning, and keep exploring. Till our next meeting in the crypto-verse!
Goat over and out ✌️
