![]() The immediate impact of the token launch is unclear. “There’s going to be a defined value attached to it-it’s just going to be an entirely different world that I think none of us can actually predict.” “General interest is probably going to be two orders of magnitude higher than it is now,” he said. In an interview with Fortune, Blania said Worldcoin hopes to have 1,500 orbs operational by the end of the year, as well as expand to new markets, with the launch of the token likely driving more interest for signups. ![]() Currently, only around 150 orbs are operational, and just 2 million people have signed up to the platform-a far cry from the hundreds of millions, or billions, that Worldcoin needs to create meaningful network effects. With the launch of the token, Worldcoin enters a new phase. ![]() Blania and his team of engineers said Worldcoin’s protocol of iris scans was the only universal way to create a global identity verification system, with the token serving as an incentive mechanism to acquire users. Tools for Humanity developed a software development kit, or SDK, where other apps could use people’s World ID-generated after they are verified by an orb-in lieu of other login credentials, like emails and passwords. Since the November launch of ChatGPT and growing public awareness of generative A.I.-and the potential threats to employment and online identity-Worldcoin began emphasizing its “proof of personhood” system as uniquely capable of countering those concerns. ![]() Tools for Humanity is also releasing a Worldcoin white paper. As part of the token launch, Worldcoin has migrated its protocol to the Optimism mainnet, a layer-2 blockchain built on Ethereum. ![]()
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