With the advent of digital technologies and the internet, the way in which we communicate, trade, and interact with one another is undergoing an unprecedented pace of change. This shift towards a more interconnected and global world has led to the concept of a Network of States being discussed in several quarters. In fact, this idea may soon come to fruition with the creation of The World State - a fully sovereign nation-state that is been built entirely on blockchain technology.
The World States is a fully democratized decentralized digital state that seeks to establish a fresh template for governance and social organization. The end goal of this is to build a world that is just, equitable, and fair. The framework for this lies in democracy, equality, and free-market economics, all of which serve to realize the ultimate goal of global prosperity. and social organization.
Features of the World states
1. Citizenship with NFT passport
Being a member of the world states relies heavily on possessing citizenship, which is conferred through having an NFT passport. The NFT passport represents the user's identity and position in the World State ecosystem, and bestows upon them the status of a global citizen. Once they've attained citizenship, users are granted access to funding for their ventures, the power to shape decisions, the ability to cast votes on important matters, the potential for leadership positions, and the chance to ascend to the office of President. Additionally, possessing citizenship enables individuals to connect with a diverse range of people from around the world, promoting greater tolerance and understanding among all.
2. Presidency
The World States, as a digital democracy with decentralized power, adheres to the principle of majority rule. Citizens exercise their voting rights to elect leaders, including the highly coveted presidency. Priority is placed on this position for all.
The World State has a governance model that deviates from the typical DAO structure. Instead of the creator being the leader, citizens elect a president based on Direct Democracy, equal Participation, and fairness principles. Whichever candidate rakes in the most votes becomes the new president of the World State.
In The World States digital community, qualifications and experience don't determine eligibility for the presidency. Anyone can put their name in the hat and have a fair shot at the position. This equal distribution of power allows for fresh perspectives and innovative solutions to rise to the top.
3. Digital currency
The $W$C, the native currency of The World State, is a digital currency that operates exclusively within its realm. Transactions made within The World State rely on the $W$C, which is built on the Polygon decentralized blockchain. Immutable, secure, and transparent transactions are guaranteed thanks to Polygon's framework.
The economy of The World State will benefit from the scarcity and value preservation of the $W$C, a currency that has no taxes and is deflationary, meaning its supply will decrease over time.
The World States coin $W$C, with a maximum supply of 1 billion, has a current total supply of 99.98%. The circulating supply stands at 89.05%, with the remaining supply being split among CEX listing (6.5%), staking (3.54%), treasury fund (0.88%), and founder/team share of 0%.
At a current MarketCap of 51.5 M USD with a value of 0.0515 USD per coin, the whopping $W$C has amassed a community of 15,339 dedicated holders, as of writing this post.
With over 17,000 members in The World State, project leaders unveiled the $1 billion Market Cap Challenge, which saw the market cap skyrocket to over $50 million in mere weeks. This explosive growth has led $W$C to become a top contender on CoinMarketCap and CoinGecko, often outshining $PEPE for prime placement. For a few days, $W$C dominated both platforms as the #1 top earner.
It's been 2 weeks since $W$C has magnified in value and it still has the potential to increase more. To hit the target of a $1B market capitalization, the price would need to elevate by an additional 20 times, resulting in a +1900% increase. It's essential to recognize that the price surge hasn't encountered considerable setbacks, demonstrating the steadfastness of the stakeholders who have faith in the $1B initiative and aren't willing to sell currently.
The World States is home to the global web3 ecosystem and has given rise to $W$C, a utility token. Enthralling and sustaining investor confidence, the staking program offering a 300% APR for $WSC is also contributing remarkably to this project's attention.
When was The World States TWS launched, and who are the founder?
The launch of The World States decentralized global digital platform was announced on the 18 of March, 2023. The launch follows an extensive of more than 2 years of development behind the scenes, with the creation of the initial TWS Constitution, detailing the Laws of the new ecosystem to which everyone can contribute, regardless of race, nationality, religion, background, or gender.
According to the founder, "The project was born from the desire to combine four ideals: to Create, to Influence, to Decide, and to Lead. CIDL. We are all citizens of the world, and we wanted to develop a truly democratic environment where shared goals and ambitions are reached, and where dreams turn into reality. We knew that integrating NFT technologies with web3 was a way in which we could achieve this and help to make the world the way we want it to be. This vision has evolved into The World State."
The founder and team of The World States TWS have decided to keep their identities hidden to prevent any potential outside pressure or influence from governments, politicians, or businesses. One can visit their Github repo and request an invitation to peek into what's happening behind the scenes for security measures.
In conclusion , The World State is an exceptional project that introduces a fresh approach to governance and social order through a democratic decentralized global digital state. Its one-of-a-kind $WSC currency, crowd-driven decision-making procedure, and dedication to sustainability, cultural diversity, and circular economy make it a fascinating project. As the universe becomes more inter-connected and globalized, The World State presents an exhilarating view of an impartial, righteous, and equitable realm where every inhabitant has the chance to access fundamental resources and prospects. It's a venture that warrants both consideration and endorsement.
Care to take a look at what is going on with The World States project? It's worth a try! Please visit the community telegram group or the The World states website worldstate.io.
Attached images were screenshots from The World States website and telegram group.