[glocoin]

> Maybe this is like Sam Altman's thing...Is this actually that same project?

No, that project is called Worldcoin. We share the goal of trying to create a UBI, but have a different approach. For starters, we're a non-profit and our token has no pre-mine. We believe that that is the correct model for a project like this (for various reasons, see draft whitepaper [1]).

Second, as far as we currently know Worldcoin doesn't aim for their token to be stable/slightly inflationary in value like GLO. We think a continuous, weekly income that won't go up in value per token is a better fit for a UBI that tries to alleviate poverty. Poorer people have a more urgent need to spend, so they can't hodl.

Third, Worldcoin is tech. We are an economic model carrying a monetary policy, which could be implemented on any (or multiple) networks / blockchains. We're looking to develop as little tech as possible ourselves.

More extensive comparison between Worldcoin and Global Income Coin in the whitepaper:

[1] https://docs.google.com/document/d/1E09fdrvBr_TgsUqODq-MROfo...