On Monday, our builders officially kicked off Build Week in Seoul.
From founder intros and conversations around building for real humans, to an Orb visit to experience proof of human verification in action, and ending the day with a group dinner!
One day down, a lot more to come ✅
Millions spend hours with AI characters.
But characters forget, creators don't earn, and the best experiences sit behind paywalls.
We raised $1.5M to build the character economy with @lattice_fund, @cbventures' Base Ecosystem Fund, @JME_Ventures; bootstrapped by @worldcoinfnd.
It's increasingly clear the next internet economy will require a human trust layer.
Today’s internet was built for humans browsing interfaces and seeing ads. Tomorrow’s internet will be mostly agents executing intents on our behalf.
Humans compare products, browse websites, and enter card details manually but 1 agent can search 1000x more pages than a human automatically at machine speed.
That breaks basic assumptions the internet was built on: humans are present, all bots are malicious and payments are human-initiated.
3 themes that will shape agentic commerce:
- Online advertising breaks if platforms can’t distinguish real humans from autonomous agents and bots
- Delegated human-to-agent authority becomes critical for trust, liability, and payment approvals
- Payments move from human approvals to policy-driven execution by autonomous agents 🧵
For builders in NYC we are hosting a kickoff at @variantfund this Thursday for the next round of World Build.
Winners go with the World team (and me! :) to Korea in May.
Join here: https://t.co/r6YE67lFj1
I'm just gonna say this much about the Aave situation, something I have repeated in many other contexs: token/equity dual structures are fundamentally unworkable. Not just hard to structure, but fundamentally broken.
Investing in businesses inherently requires trust in the projects management, in spite of legal rules that may officially exist on paper, those management have in practice an unlimited mandate to run the business into the ground. But once you add in the adverse incentives from equity sidecars, the difficulty flips to impossible.
Of course in the cases where token-equity structures exist, they evolved this way for a reason - usually to survive in an extremely hostile regulatory environment that made the people working on these protocols heroes to begin with. We shouldn't forget that.
During these times, the mismatch was worth it just to survive as a fringe asset. Many sophisticated investors who bought tokens in the 2019-2024 era did so not because they thought the equity + "worthless governance token" structures were acceptable but rather that we would move past them once that is remotely possible.
As a long-time investor in Aave, I hope all parties can come to the table and design a solution that aligns everything either under a singular token or equity structure, similar to Uniswap's UNIfication proposal. Given the importance of governing Aave's smart contracts, 99% that should be the token.
Morpho was deployed on @worldcoin 2 months ago.
So far, 300k+ people have already used the Morpho Mini App.
What's amazing is that of all the top 10 countries users, none are from "the West".
One of Morpho's missions is to provide everyone with access to basic financial services.
Still Day 1.
AI vs. ID: How do we prove who's human and who's AI in a world of agents, bots, deep fakes, and more? The answer may be a privacy-preserving ID that proves you're human -- and enables new applications, too:
https://t.co/b0aciKC2uF
We’ve been working closely with the World ecosystem deploying uSOL, uSUI, uXRP and other uAssets and I can say with confidence people are sleeping on World Chain.
Lots of very sharp talent building there.
Some of the best mobile experiences I’ve seen.
Opportunities for worldwide distribution, with some unique ways to engage unique people.
And a team motivated to help you succeed.
@universaldotxyz will be big on World
gm, would love to connect with the coolest web3 communities across Latam.
From @crecimientoar we are working on something that you want to be part of.
Chile, México, Colombia, Brasil, Bolivia... all of you. We have a chance to make something unique. Vamo!
2 weeks ago, we brought uAssets to World Chain (@world_chain_)
Today, uAssets boast over 10,000 holders across uSUI, uSOL, uXRP, uDOGE, and uLINK
With over half a million in pool TVL
Trade anything on World.
Today we're launching Tuyo Card globally.
For close to a decade, I've dreamed about using only crypto in my daily life, fully self-custodial, genuinely borderless, and frictionless. Today, that vision becomes real with Tuyo Card.
I've personally been using Tuyo exclusively for the past 2 months: groceries, travel, and daily expenses. It just works, and it honestly still feels magical every time.
This is our first big step towards the future we're building at Tuyo. True internet-native banking that's open, global, and entirely under your control.
Today's release already feels as seamless as your traditional bank or custodial crypto services. We are barely getting started though.
Experience it yourself at https://t.co/hTHlrA5SnQ
Introducing World Cash 🌐
Our first three apps are live:
• Cash Pay: Accept crypto payments with a QR code. Easy as Mercado Pago/OVO/Paypal.
• Cash Convert: Swap tokens into WLD, USD, BTC, SOL, and more.
• Cash Daily: Claim 1 free CASH token everyday - must be Orb verified.
World is building on Ethereum. I spent over 100 hours last Jan / Feb analyzing the design of World, reading through all their blogposts, launching various code components locally. It looked very promising and much more robust and privacy focused than my initial intuition. I think it is worth to go and learn if you have an opportunity.