"WORLDCOIN" is a product created by Azealia Banks to be financed by Sam Altman (American investor and programmer).
Background[]
On November 32, 2019, Azealia published a series of Instagram stories explaining that she was in the creative process of a product/pect that would serve for a future where Artificial Intelligence will dominate. She also added that this product was inspired by the narrative of her mixtape, YUNG RAPUNXEL PT. II.
Description[]
A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets. Cryptocurrencies use control as opposed to centralized digital currency and central banking systems.
The decentralized control of each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
The type of metal Azealia used for the prototype and the type of metal she intends to use if this project/product is specified is unknown. The cryptocurrency contains the date of its creation, a QR code, an encryption, the name of Sam Altman and three holes that serve to pass a rope in them and use it as a necklace/talisman.
Mode of use[]
Azealia explaining the use of the product through her Instagram stories:
"This is a cryptocurrency product. The plan is for this to be a hardware wallet for cryptocurrencies that also serves as an ultimate form of identification. We eventually plan for this item to serve as a passport, drivers license, credit card/wallet, employing the users own biometrics (DNA/heartbeat) as its passcode, making it completely fraud free. this version will simply act as a hardware wallet for cryptocurrencies with an accompanying facial recognition software ala China's Smilepay."
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