OpenAI CEO Sam Altman secures $100M for eye-scanning Worldcoin crypto project.

1 min read
Source: Fox Business
OpenAI CEO Sam Altman secures $100M for eye-scanning Worldcoin crypto project.
Photo: Fox Business
TL;DR Summary

OpenAI CEO Sam Altman has raised nearly $100 million for his new cryptocurrency project, Worldcoin, which will use an imaging device called the "Orb" to scan users' iris patterns for biometric verification. Worldcoin aims to distribute its crypto token globally and freely to users who sign up for a wallet, with the hope of incentivizing adoption by giving away free coins. The Orb will prevent users from holding multiple World IDs, and users are not required to share personal information other than their iris scans. Worldcoin plans to launch in several weeks and begin recording transactions in the next six weeks.

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