Sam Altman, the chief executive of OpenAI, is closing in on landing $100 million in funding to create a new crypto asset, according to a new Financial Times report.
Altman’s crypto project, Worldcoin, which plans to use a custom biometric imaging device known as “the Orb” to scan peoples’ eyeballs and verify their unique identity, is currently in beta.
Once their unique identity is verified, the Orb creates a “digital World ID” that the project says “can be used pseudonymously in a wide variety of everyday applications without revealing the user’s identity.”
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Participants in the project will receive Worldcoin, which the project says will be the “first token to be globally and freely distributed to people just for being a unique individual.”
Explains the Worldcoin
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