Is the ultimate goal of AI Web3? “Father of ChatGPT” launches encrypted wallet World App

Is the goal of AI to achieve Web3? The creator of ChatGPT has launched an encrypted wallet app for the world.

“Everyone should have the right to decentralized identity and free access to decentralized financial systems.”

After months of hype, ChatGPT is still going strong.

Just two months after launch, ChatGPT has over 100 million monthly active users, making it the fastest growing consumer app in history. It has swept across the global internet, sparking a craze and drawing increasing attention to the AI field.

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And recently, ChatGPT creator Sam Altman made another move. On May 8th, cryptocurrency company Worldcoin, founded by Sam Altman, announced the launch of its latest product – the World App cryptocurrency wallet. After extensive development and learning by over 1.5 million beta testers, the first phase of World App has been released worldwide and is available for download and use in over 80 countries/regions.

World App is ambitious in its goals and positioning. Its team hopes that billions of people worldwide will be able to obtain decentralized identity and access decentralized financial systems through this app. World App is not just the first crypto wallet that natively supports the Worldcoin ecosystem, but also a groundbreaking innovation that initially built on the Ethereum sidechain Polygon (a blockchain that can send and receive assets from Ethereum) to provide users with a gas-free transaction experience. On May 11th, the Worldcoin Foundation and Tools for Humanity officially partnered with Optimism Collective, and World App also migrated from Polygon to the Optimism mainnet. In addition, the World ID protocol can also be used on the Optimism mainnet.

Observation: Entering the WorldApp

“Placing the wealth and human identity of the crypto world in our hands.”

As stated in the official World App introduction, it is a minimalist, privacy-focused, and inclusive application. Platform users will traverse a minimalist and uniquely-styled crypto world, without sharing personal data. Instead, they can freely share and communicate with the world through their personal, exclusive World ID for identity verification (i.e. converting biometric data codes generated from iris scanning into “human proof”). On this platform, users can transfer funds to anyone for free, explore and use crypto tokens, and have the opportunity to receive welfare grants through Worldcoin Grants applications every month.

World App is different from other wallets in that it does not publicly disclose all possible features, but instead focuses on some key features of Worldcoin and Ethereum, adhering to a minimalist design philosophy so that all users can use it more easily. Tiago Sada, product manager of Tools for Humanity, Worldcoin’s parent company, said: “In fact, the functions on World App are fewer than those on other cryptocurrency wallets, and this is intentional.”

In addition, World App users can store and send digital currency, and can choose to use bank accounts or local payment methods for deposits and withdrawals. They can also send money to friends or family around the world for free using phone contacts or encryption addresses without fees. World App also allows you to explore and use cryptocurrencies, including Ethereum and Bitcoin, and will launch more tokens in the future. You can track holdings, receive important price change notifications, and easily trade with existing balances in the market. World App also provides 24/7d multilingual (English/Spanish/Portuguese) online support, so that users can get help anytime, anywhere.

Retrospective: The “chosen CEO” behind WorldApp

“If you throw Sam Altman into a cannibal island, he will become the king of this cannibal island after 5 years.”

Sam Altman, founder of Worldcoin, who developed World App, became famous overnight as the father of ChatGPT, so the launch of this new product also attracted a lot of attention in just a few days.

In 2005, Sam Altman chose to stop studying at Stanford University and officially entered his entrepreneurial journey. He first developed the mobile application Loopt and eventually sold it for $43 million in 2012. After that, Sam Altman founded Hydrazine Capital risk fund, raised a total of $21 million, and invested 75% of the funds in Y Combinator. In 2014, Sam Altman, who was only 28 years old, took over as president of YC, starting his wonderful life in the field of global entrepreneurship and innovation. In 2015, Sam Altman co-founded OpenAI, a non-profit artificial intelligence company, with Musk and others. In 2019, Sam Altman officially became the CEO of OpenAI. Since then, under his leadership, ChatGPT was born and became popular all over the world.

For Sam Altman, the fundamental vision behind the establishment of Worldcoin and the launch of the World App cryptocurrency wallet is to create a fair and effective way to distribute an unconditional basic income (UBI), which everyone can enjoy, in this world defined by artificial intelligence. He once mentioned in “The Law of Accelerating Returns for Everything”: “In addition to the three major technological revolutions – agriculture, industry, and computers – we need to add the fourth: the artificial intelligence revolution. If we manage it responsibly as a society, this revolution will generate enough wealth to enable everyone to have what they need.”

Sam Altman is very concerned about the direction of the future world, or people’s expectations of the future world. Currently, Web3 is the latest expectation of people for the next generation of the Internet. Sam Altman once envisioned a future world where AI is ubiquitous. For him, AI has already become the next real technological foundation, and the multiple synergies between Web3 and AI make them a very powerful combination in the present and future. Web3’s decentralized system is built on a node network, creating a more secure and transparent network, and AI can help process large amounts of data to make predictions, so AI technology can be used to create more efficient and intelligent applications in the decentralized system.

Sam Altman pointed out, “The world’s creativity is amazing. Every time our tools get a little better and a little easier to obtain, our creativity improves more than we imagine.” Therefore, the launch of the new World App project also carries Sam Altman’s ambition for the future wealth system of humanity in the Web3 era.

Prospect: Web3 Golden Age – Not Behind, but Ahead

“I’m sitting on the edge of a cliff with AI, looking up, the future can be very beautiful, looking down, the future can be very bad. I can plan for the worst case scenario, indulge in fear and prejudice, but emotionally I’m more comfortable moving towards greatness together.”

——Sam Altman

“Standing at the top of the mountain, looking down on all the mountains.”

As the design team of World App, TFH has high ambitions and confidence. They are excited to share and offer the first phase of World App’s user experience to users around the world. In their vision, as time goes on, World App will evolve into a tool kit that empowers individuals in the era of artificial intelligence. These tools are uniquely supported by decentralized technology to solve identity and privacy protection issues, including identity verification, access to native internet financial services, fair global distribution of digital currency, governance of public goods, and ultimately leading to UBI funded by artificial intelligence.

Undoubtedly, after creating the amazing ChatGPT, whether the new project World App can set off a new wave of the Web3 era remains to be further tested by time and the encrypted market, but the launch of this project may mean that the golden age of Web3 is coming.

“Perseverance leads to a bright future.”

Currently, World App has just launched and has been given the title of “a product that may become an ID card in the AI era.” This is an innovative and ambitious project, which also means facing many challenges and doubts. Sam Altman is trying to solve the major challenges facing society, build a decentralized and transparent system, break away from the limitations of nationality and region, and distinguish between the identity of humans and AI through blockchain technology to help humans govern artificial intelligence, avoid hidden dangers, and truly empower every user under the Web3 era, so that cryptocurrency can truly enter the mainstream trend and break away from the limitations of traditional social welfare mechanisms. Therefore, the future of Web3 seems to be full of unlimited possibilities. Let’s wait and see if the World App project can achieve its market goals in today’s era.

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