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NewsWorldcoin Announced Plan for Decentralization and One can Apply for Grants to Open Factory and Manufacture Orbs

Worldcoin Announced Plan for Decentralization and One can Apply for Grants to Open Factory and Manufacture Orbs

Dec 07,2023,02:18

Worldcoin has launched a new grants program for developers and outlining plans to decentralize the network.

In a today's blog post, Worldcoin Foundation announced a grants program, a "Worldcoin Tech Tree" and a whitepaper on decentralization.

In this blog post, Worldcoin said it aims to achieve "distributed robustness" - in the way that TCP/IP, WiFi or the English language have. It will focus on three areas including the decentralization of orb production, meaning independent teams will begin manufacturing them; new forms of distributed governance; and balancing its emphasis on robustness with the need for privacy.

Worldcoin will launch a grants program with an initial pool of $5 million to award to developers, with grants denominated in WLD. "One of the sexiest items in the grants program is to become a second manufacturer of orbs and spin up an entire factory. And one step further would be that you actually design your own orbs in-house." said Remco Bloemen, Head of blockchain at Worldcoin.

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