World

Worldcoin

Polygon

World ID

<div class="textg" style="text-align: justify; font-weight: lighter; line-height: 1.3em; font-size: 15px; border-radius: 3px; color: #80909a; padding: 10px; background-color: #F4F6F9; margin-bottom: 15px;">
  Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our&nbsp;<a href="https://tokenist.com/terms-of-service/" style="text-decoration:underline;color:#3c7b7b" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">website policy</a>&nbsp;prior to making financial decisions. 
</div> 
<p class="has-drop-cap"><a aria-label="Binance announced (opens in a new tab)" href="https://www.binance.com/en/support/announcement/binance-will-list-worldcoin-wld-9bc08522433c44b1b0b9978d65c4f5e5" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">Binance announced</a> it would list two spot trading pairs for the Worldcoin token, the native crypto asset of Worldcoin – a digital identity project co-founded by artificial intelligence (AI) programmer and entrepreneur Sam Altman. Worldcoin, which developed a new and somewhat controversial approach to solving identity and income inequality issues, <a aria-label="launched on Monday (opens in a new tab)" href="https://twitter.com/worldcoin/status/1683372181428793344?s=20" target="_blank" rel="noopener noreferrer nofollow" class="deco-link">launched on Monday</a>. In May, Worldcoin <a href="https://tokenist.com/human-id-project-worldcoin-unveils-gas-free-crypto-wallet/" rel="noopener noreferrer nofollow" class="deco-link">unveiled World App</a>, a gas-free crypto wallet, which <a href="https://tokenist.com/worldcoins-gas-free-wallet-to-migrate-from-polygon-to-optimism/" rel="noopener noreferrer nofollow" class="deco-link">migrated from Polygon to Optimism</a>.</p> 
<h3 id="binance-to-add-wld-btc-and-wld-usdt-trading-pairs">Binance to Add WLD/BTC and WLD/USDT Trading Pairs</h3> 
<p>Worldcoin, a cryptocurrency launched by Sam Altman’s namesake digital ID project, will be listed on Binance at 9 am UTC on July 24, the crypto exchange said in an announcement. According to the statement, Binance will support two spot trading pairs for the Worldcoin token, including WLD/BTC and WLD/USDT.</p> 
<p>The move comes on the same day the much-debated Worldcoin project launched. Founded by Sam Altman, the man behind ChatGPT developer OpenAI, Worldcoin is building a World ID – an account that can be created only by real humans.</p> 
<p>To acquire a World ID, users must offer an in-person iris scan using the project’s ‘Orb,’ product. Once the Orb completes the iris scan and verifies that the person is an actual human, it creates a World ID. Through this approach, Worldcoin ensures that a user can have only one World ID.</p> 
<p>During the project’s beta phase, Worldcoin launched “orbing” operations in several countries, allowing users from those places to come get their World ID and reward them with WLD tokens once the sign-up process is completed. With today’s launch, Worldcoin is scaling up the orbing initiative, expanding it to 35 cities across 20 countries. </p> 
<div class="cta-referral"> 
 <img src="https://tokenist.com/wp-content/themes/thetokenist/assets/img/del/cta-referral-1.png" alt="" class="cta-referral__img" loading="lazy" decoding="async"> 
 <div class="cta-referral__text"> 
  <p>Join our&nbsp;<a href="https://t.me/thetokenist" target="_blank" rel="noopener noreferrer nofollow">Telegram group</a>&nbsp;and never miss a breaking digital asset story.</p> 
 </div> 
</div> 
<h3 id="worldcoin-controversy">Worldcoin Controversy</h3> 
<p>The rollout of Worldcoin and its native crypto token comes after the project faced intense scrutiny in Silicon Valley due to its unconventional approach to resolving identity verification and income inequality problems.</p> 
<p>Critics viciously slammed the project on multiple fronts, including violation of privacy as well as its long-term goal of introducing a <a href="https://basicincome.stanford.edu/about/what-is-ubi/" target="_blank" aria-label="universal basic income (opens in a new tab)" rel="noopener noreferrer nofollow" class="deco-link">universal basic income</a> (UBI) – a social welfare system in which all citizens of a country receive a regular and unconditional cash payment from the government to help them cover essential needs. Sam Altman has been a long-time proponent of the UBI system, while some see it as a flawed idea.</p> 
<p>While many continue to debate Worldcoin’s core aims, the project’s native token will be listed on the world’s largest crypto exchange. At the time of publication, the WLD token was trading at $2.44, up more than 46% since its launch.</p> 
<div class="cta-sub js__cta-sub"> 
 <div class="cta-sub__start" data-step="1"> 
  <div class="cta-sub__title"> <strong>Finance is changing.</strong> 
  </div> 
  <div class="cta-sub__subtitle">
    Learn how, with Five Minute Finance. 
  </div> 
  <div class="cta-sub__excerpt">
    A weekly newsletter that covers the big trends in FinTech and Decentralized Finance. 
  </div> <button type="button" class="btn">Try it out (for free)</button> 
 </div> 
 <div class="cta-sub__form" data-step="2" style="display: none;"> 
  <script type="text/javascript" src="https://app.getresponse.com/view_webform_v2.js?u=QcLhh&amp;webforms_id=zw3Wv"></script> 
 </div> 
 <div class="cta-sub__result" data-step="3" style="display: none;"> 
  <div class="cta-sub__title">
    Awesome 
  </div> 
  <div class="cta-sub__caption">
    You’ve subscribed. 
  </div> 
  <div class="cta-sub__greeting">
    You’re well on your way to being in the know. 
  </div> 
 </div> 
</div> 
<p><em><strong>What do you think about the Worldcoin project and its orb-based approach to solving ID issues? Let us know in the comments below.</strong></em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://tokenist.com/binance-to-list-worldcoin-as-altmans-orb-based-project-goes-live/">Binance to List Worldcoin as Altman’s Orb-Based Project Goes Live</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://tokenist.com">Tokenist</a>.</p>

Binance to List Worldcoin as Altman’s Orb-Based Project Goes Live

Table of Contents

Tokenist

Other articles published on Jul 24, 2023

‘Is X Token Related to the New Twitter?’ Asks Crypto Community

Alchemy Pay Collaborates with SPACE ID to Enhance Crypto Transactions with Personalized Name Domains

Indonesia Gears Up for National Cryptocurrency Exchange Launch

Ethereum (ETH) Founder Buterin Unveils “Four Major Risk Factors” of Worldcoin!

Binance Adds Worldcoin (WLD) to Its List of Tradable Tokens

OP Faces $39.62 Million Token Unlock In The Upcoming Week

Join our free newsletter for daily crypto updates!