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.”
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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