World’s killer consumer app might be UBI — but it all hinges on price
Main Idea
Sam Altman's Worldcoin (WLD) and its Orb technology present a potential future for universal basic income (UBI) through cryptocurrency, though its effectiveness depends on the token's price stability and adoption.
Key Points
1. Worldcoin (WLD) and its Orb technology offer a blockchain-based approach to UBI, with grants distributed to verified users.
2. Sam Altman previously conducted a $60-million UBI experiment, but Worldcoin's current grant value is significantly lower at current token prices.
3. The price of WLD has fluctuated between $1 and $12, impacting the real-world value of UBI grants.
4. Worldcoin's grants program has distributed over 595 million WLD to 12 million users, totaling $595 million at current prices but potentially much higher at peak valuations.
5. The effectiveness of Worldcoin's UBI model remains uncertain due to the volatility and current low value of WLD grants compared to traditional UBI payments.
Description
Sam Altman sees our future through the World Orb
Latest News
- Thursday links: Points, pancakes, DATs and merger arb2025-08-14 22:26:25
- The state of Solana in 6 charts2025-08-14 21:05:39
- Why Circle chose an L1 — and what it means for Ethereum2025-08-14 19:03:33
- Google involved in BTC miner TeraWulf’s ‘standout’ hosting deal2025-08-14 18:09:50
- Solana-compatible Star Atlas L1 plots December launch2025-08-14 17:25:49