CEO of OpenAI Launches New Crypto ‘Worldcoin’ Token

Published 24/07/2023, 13:24
CEO of OpenAI Launches New Crypto ‘Worldcoin’ Token

  • Sam Altman, CEO of OpenAI, launched a new cryptocurrency — Worldcoin Tokens — on Monday 24 July.
  • An iris-scanning device is used to verify people’s identities to ensure privacy and uniqueness.
  • Worldcoin Token won’t be available in the United States.

Sam Altman, CEO of OpenAI, launched a cryptocurrency named Worldcoin Token on Monday 24 July. Altman, the American entrepreneur, aims to distribute free Worldcoin tokens (WLD) for everyone through the Worldcoin project in an attempt to solve income inequality according to Semafour.

Altman had raised $115 million to fund Worldcoin, and the project had onboarded nearly two million people on its platform in its beta stage, Binance has already listed the WorldCoin token in its exchange platform.

ChatGPT upscaled the capabilities of artificial intelligence, and in Altman’s new project he aims to create “an inclusive global cryptocurrency that will be available to anyone who verifies their unique personhood with the Orb.”

The Orb, a custom biometric device, scans irises to ensure only one person can sign up and get their free Worldcoin Token. The iris is used to create a unique ID to tell people and …

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