The company, which has raised about $250 million from investors, is known for its Orb device that aims to verify individuals' identities and prevent the creation of multiple accounts. Despite some skepticism, the device has been used by a significant number of people, with more than 190,000 new accounts created in the past seven days and about 3.13 million people total signed up for Worldcoin. The project has focused on adoption in Buenos Aires, Nairobi, Lisbon, and Bangalore, and has also toured major cities like Tokyo, Miami, New York City, and San Francisco to expand its presence.
Key takeaways:
- Worldcoin's Orb device, which scans people's irises to assign them a unique World ID, is getting an upgrade that will make it look more like an Apple product, according to CEO Alex Blania.
- The new Orb will have alternative colors and form factors, and is expected to roll out in the first half of this year.
- Worldcoin, a crypto project co-founded by Blania, Sam Altman and Max Novendstern, has raised about $250 million from investors like a16z and Bain Capital Crypto.
- Over the past seven days, more than 190,000 new accounts were created and about 3.13 million people total have signed up for Worldcoin, according to its website.