Topic: 10,000 World Dollar (WLD) Giveaway - How to Claim - page 2. (Read 6993 times)

Maybe i will create a video and claim the 10k WLD when 10k WLD = 1 btc 

It's rather difficult to be that first adopters with strong belief in the coin. At the beginning when I've just came into crypto currency world I have justified belief in some coins but I was a lit bit disappointed. After such experiences I can't be sure in any coin.

It's just on Ripple trade (http://www.rippletrade.com) at the moment. In your Ripple account, click the "Exchange" tab and then "Trade". Limited levels of liquidity are available for WLD/ XRP and WLD/ BTC (snapswap.btc). New places where WLD can be traded will be introduced, along with additional platforms where 10,000 WLD can be issued and used for payments.

where it was (will) traded ?

The ~7bn figure is indeed just a reference to the present time. All people in the future will also be entitled to their 10,000 WLD.

Culminator explains what will happen quite nicely in this thread: http://xrptalk.org/topic/3521-world-dollar/page-2

"This World Dollar would have about 2% inflation with current world demographic situation, i.e. 130M / 7000M  ~= 1.857% (assuming 130M births per year and 7000M current population). Interestingly basically the same rate which as someone mentioned most central banks target."

"Regarding my last point. Actually those 2% would decrease over time, because those 130M people would be less in time proportionally to all the people who have ever lived since current times (even if if population stays the same 7000M), so it would approach 0% in the long run in such system."

Video verification is needed to uniquely identify everyone. It means we do not need more sensitive personal information such as a name, address, date of birth, etc. to be submitted.

You should have better bet on a World-Euro CryptoSpamCoinBullshit.

Are you increasing coin supply with world birth rate? Lol

Who told you that we are exactly 7 billions humans on the planet?

People born tomorrow, in a month, in a year...don't deserve coins?

What about expired coins? Dying coins? Rotting coins?

Video identification! Muhahahahahahah

The worst spam i ever saw and had to register just to reply. First and only post.

Have fun all

There isn't a blanket ban on giveaway threads. It's just specific types of giveaway threads that are not permitted:

"Specifically, you are not allowed to give people any incentive to post insubstantial posts in your threads. You can't offer to pay people who post their addresses, usernames, etc. You can do giveaways off-site and link to the giveaway page in a thread, but you can't give people any bonus for replying to your thread."

https://bitcointalksearch.org/topic/giveaway-threads-are-not-allowed-434310

10,000 WLD has been trading today for .01 BTC, it has been .025 BTC. Do not confuse the "worth" of WLD with any given order at any time; on the other side, there is a ridiculous order of someone trying to sell 0.0001 WLD for 10,000 BTC, and clearly this is not the true "worth" of WLD.

Realistically, the liquidity will remain low until a wider audience has heard about World Dollar. This shouldn't particularly matter to anyone who is happy to claim their World dollars now and hold onto them. It's the first adopters, those who recognise the value of something before the masses do, that are so important to projects like this.

I have the same question. Looks like the liquidity is too low and that's why the price has dropped to only 1 satoshi. that's sad

so this is NOT a giveaway thread then ? hmm wow did some gymnastics on that one huh lol

A new 10,000 WLD is created for every new claim of World dollars. Everyone in the world (~7bn people) can claim their World dollars. The ultimate limit to the creation of WLD, what makes them relatively scarce, is the human population.

which total of World Dollar will be created ?

10,000 WLD has been trading today for .01 BTC, it has been .025 BTC. Do not confuse the "worth" of WLD with any given order at any time; on the other side, there is a ridiculous order of someone trying to sell 0.0001 WLD for 10,000 BTC, and clearly this is not the true "worth" of WLD.

Ripple trade unfortunately does not display the "last price" (it does not show it for any currency pairs, e.g. XRP/ BTC) which makes things more difficult.

To be honest, any valuation of WLD at this time isn't reliable at all. If World Dollar does become a globally accepted medium of exchange, clearly .025 BTC or .01 BTC is a massive undervaluation, but on the other hand with the project at its early stages, there is a high risk it doesn't succeed. Ultimately, we do believe that the concept of giving 10,000 WLD to everyone in the world will take off, due to a carefully considered analysis of monetary economics and banking, here: http://www.world-dollar.com/what-is-world-dollar/, here: http://www.world-dollar.com/debt-based-monetary-system-debunked/, here: http://www.world-dollar.com/economic-myths-debunked/, here: http://www.cobdencentre.org/2014/09/bank-run-incentive-central-bank-bankruptcy-and-the-fallacy-of-the-credit-theory-of-money/, here: http://www.zerohedge.com/news/2014-07-26/has-fractional-reserve-banking-really-passed-market-test

But what will really make this take off is massive media coverage and viral marketing strategies. If you are familiar with what happened with the ALS Ice Bucket Challenge, you might realise what's on the verge of happening with World Dollar public videos (and, we can confirm that we have now received many claim applications with people willing for their video to go public, and these are people from all around the world, across different age groups, etc. uniting together for this upcoming new world currency).

hi i just want to know how could i check the actual price of world dollar? Because i tried to sell them and its worth were just .0001 per 1,000 WLD

Thanks for this very satisfied.

The video is required to uniquely identify everyone. It prevents anyone from being able to claim 10,000 WLD more than once. And it means we respect people's privacy by not requiring more sensitive personal information such as a name, address, date of birth, etc. to be submitted.

There has not been a bad word said about World Dollar on https://forum.ripple.com/index.php?sid=363020d9322de6b4822e58e796f64edd and there has been a mixed reaction on https://xrptalk.org/ 

For instance, https://xrptalk.org/topic/3521-world-dollar/?hl=world+dollar

Raven 274: This seems somewhat ambitious to say the least, but at least they're using Ripple http://www.world-dollar.com/

Takio: Another conspiracy theory site But yeah, at least they are using Ripple

brianwalden: I think it's an interesting experiment: What happens if you give everyone 10,000 units of currency? I wonder how they will make sure people don't make more than one claim for their allotment of world dollars?

AndrewSF: Kudos for trying something new!

... On the other hand, the problem is that there are many people, yourself included, dadingsda, who are confused by the point that something issued on Ripple can be valuable:

kwelstr: The question is, what is World Dollar backed by? They just posted a "giveaway" that I have temporarily hidden. If I claim the WLD and I want to take them to the bank, do they have backing? If not they are just a worthless IOU

brianwalden: My gut doesn't tell me they're trying to scam people. I think they believe in what they're doing and are trying to make it happen on a shoestring budget.

---

Technically, everything on Ripple is indeed an "IOU" (other than the native currency, XRP), and indeed WLD can be redeemed outside of Ripple, even if it is issued there in the first instance. It is similar to how XNF is issued as an "IOU" on Ripple, but can indeed be redeemed outside of Ripple. What confuses people even more is the idea that, hypothetically, a currency that can't be redeemed outside Ripple, e.g. XYZ, actually ceases to be an "IOU" on the Ripple platform, for XYZ is not actually held by the gateway for it to be transferrable elsewhere.

If you need more help on getting your head around Ripple, you might find [email protected] to be quite helpful.

On the point that "anyone" can issue an IOU on Ripple, the explanation is straightforward. Anyone can launch a new cryptocurrency. Anyone can launch any new currency for that matter. What is important is that people take it to be valuable. What World Dollar is based on is called the Equal Opportunity Standard. This is the idea that, since money is nothing but a social convention, the ultimate basis for money is for it to be issued to everyone, equally. The "barrier to entry" that prevents others from launching their own WLD is the massive investment of time and resources for it to gain traction, and eventually, global acceptance. If you set up your own gateway and issue WLD, without actually uniquely identifying everyone as Coin Autonomy and others will be doing, your version of WLD will be worthless. As we get bigger and bigger, the network effect increases in our favour, making it redundant to launch one's own version of WLD.

i can't believe it, is it really true? hey world-dollar please answer!! 

thebenjamincode is correct, please do not provide your ID. The short video is sufficient to uniquely identify everyone, do not submit more sensitive personal information.

At the moment it's just Ripple trade but there will be more places where you can trade WLD to come. We're also getting set up on additional payments platforms. The next ones lined up include Stellar and a mobile payments platform.

i don't know if this a scam or not, but they want a video!!! unbelievable!