Tag: Worldcoin

OpenAI and LinkedIn co-founders, Sam Altman and Reid Hoffman, have launched the new Worldcoin cryptocurrency project, backed by a $115m investment from Andreessen Horowitz and Coinbase Ventures. The project focuses on using biometric scans to create a secure global financial system with a spherical device called an "orb." Raising concerns over potential security and scalability issues, the Worldcoin co-founder Alexander Blania is confident the project is heading in the right direction.

OpenAI-backed cryptocurrency Worldcoin is being developed by Sam Altman and On Point Strategic Systems using iris scanning tech. With $3B tokens already generated, users get free Worldcoins without disclosing their identity. Bitcoin peaked at $27k recently but saw lethargy thereafter. Be the first to know how this emerging currency plays out.

Worldcoin is providing free cryptocurrency tokens for users who agree to have their irises scanned. However, some have voiced concerns about the start-up's use of biometric data and its implementation in different countries. Worldcoin claims it will have millions of users by 2025, but users should be mindful of potential risks to their privacy before signing up.

OpenAI, founded in 2015, has secured $100 million in funding for their iris-scanning technology to launch a global cryptocurrency called Worldcoin. This technology is developed to identify individuals on a large scale. Protecting users privacy and rewarding users for agreeing with terms is the added advantage of this cryptocurrency. TechCrunch security research has unveiled the vulnerability of OpenAI devices to password-stealing malware. OpenAI's primary objective is to promote human advancement with better AI technology, and Sam Altman, the CEO is now leading this venture.

Discover Worldcoin - the groundbreaking cryptocurrency project co-founded by OpenAI CEO Sam Altman! The app provides a beta version of WLD and supports third-party cryptos like WETH, WBTC, USDC, and Maker's DAI. Claim your weekly or monthly tokens, but keep in mind US citizens have been excluded from this offer. World App allows users to delete their personal data and integrates retina-scan ID technology, empowering individuals with its AI-driven Universal Basic Income.