Worldcoin, a project by Tools for Humanity, founded by Sam Altman, the creator of OpenAI, has recently raised $115 million in investment funds. Worldcoin offers users WLD crypto tokens in exchange for proof of personhood via an iris scan. The project has been criticised for collecting biometric data and offering useless digital IOUs, whilst profiting from potential returns on investment. Contractors who have participated in Worldcoin’s project complain of mistreatment, shifting pay and regulatory issues.
Sam Altman, founder of OpenAI and Tools for Humanity, is promoting Worldcoin, a project that is exchanging iris scans for WLD crypto tokens. Worldcoin’s aim is to solve problems around digital identity and global basic income, but it has not specified what these problems are. The project has been criticised for collecting biometric data and offering useless digital IOUs, whilst profiting from potential returns on investment. Contractors who have participated in Worldcoin’s project complain of mistreatment, shifting pay and regulatory issues.
Company: Worldcoin, founded by Tools for Humanity and supported by venture capital firms such as Andreessen Horowitz, offers WLD crypto tokens in exchange for an iris scan as proof of personhood. Worldcoin has been criticised for collecting biometric data and offering a useless digital IOU, whilst profiting from potential returns on investment. Contractors who have participated in the project complain of mistreatment, shifting pay and regulatory issues.
Person: Sam Altman, the founder of OpenAI and Tools for Humanity, is promoting Worldcoin, a project that is exchanging iris scans for WLD crypto tokens. Altman has been criticised for promoting Worldcoin’s project that has been collecting biometric data and offering useless digital IOUs, whilst profiting from potential returns on investment.
