Despite facing regulatory scrutiny in the UK and Germany, Altman remains optimistic about Worldcoin's future. The company, which previously raised $115 million in a Series C funding round, is raising funds by selling its crypto tokens at a discounted rate. Worldcoin launched its biometric orb technology in 35 cities across 20 nations in July and has since faced investigations by data regulators in the UK and France, and a suspension of operations in Kenya.
Key takeaways:
- Sam Altman, CEO of OpenAI, has expressed his support for the cryptocurrency project Worldcoin, emphasizing the importance of identifying unique humans in an AI-driven world.
- Worldcoin is reportedly seeking $50 million in funding and aims to create a global identity and financial network, with over 2.6 million people already signed up to have their irises scanned for a digital ID and free cryptocurrency.
- Despite regulatory scrutiny in the UK and Germany, Altman remains optimistic about Worldcoin's future. The company previously raised $115 million in a Series C funding round.
- Worldcoin has launched the World App, a digital wallet designed to expand the availability of digital identity and global finance, and its biometric orb technology in 35 cities across 20 nations to provide users with a "proof of personhood".