Sam Altman's Worldcoin Launches Global Crypto Project with Eye-Scanning Technology

1 min read
Source: TechCrunch
Sam Altman's Worldcoin Launches Global Crypto Project with Eye-Scanning Technology
Photo: TechCrunch
TL;DR Summary

Worldcoin, the eyeball-scanning crypto startup founded by Sam Altman, has launched its services globally to build a reliable solution for distinguishing humans from AI online, enable global democratic processes, and increase economic opportunity. The startup has raised $250 million in funding and is backed by prominent investors. Users can download the World App and visit an Orb, an eyeball-scanning verification device, to receive their World ID. However, the project has faced criticism for exploitative practices in poor countries. Worldcoin aims to fortify incentive strategies, combat bots, and facilitate global democratic governance. The startup is holding 20% of its tokens and has capped the total supply at 10 billion. The maximum circulating supply at launch is 143 million tokens.

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