Worldcoin Foundation allocates $5 million to build a "fairer system"

The Worldcoin Foundation announced a $5 million community funding program called “Wave0.” The grants are intended to allow developers to "focus on building resilient technologies and fairer systems." The foundation will commit $5 million in funding through three funding channels and will be provided in the form of WLD tokens. Remco Bloemen, head of protocol at the Worldcoin Foundation, said in an interview that these grants are not only for developers, but the community also needs to make greater efforts. This also includes raising awareness and educating people about the importance of the jobs the technology is trying to solve in terms of "income inequality, governance and other existential risks." (Coindesk)