Sam Altman Officially Launches Worldcoin Crypto Project

Crypto News

OpenAI’s Sam Altman officially launches the iris-scanning project on Monday.

OpenAI CEO Sam Altman has officially launched Worldcoin. The project, founded by Altman himself, introduces its core offering called World App, a crypto wallet built on the Ethereum sidechain Polygon.

This wallet aims to serve as a minimalist crypto wallet and a passport in the AI era, providing users with a secure and convenient way to manage their digital assets.

Worldcoin gained attention last year with its controversial vision for a universal basic income (UBI), proposing a crypto token that could be distributed equally to every individual worldwide. However, the project has since redefined itself with a focus on “proof of personhood,” aiming to address the challenges of distinguishing between bots and humans in an increasingly AI-driven world.

The launch of World App marks a significant step forward for Worldcoin, as it aims to establish itself as a consumer-friendly platform with a tangible product that anyone can download and use.

The Worldcoin token (WLD) is currently trading at around $2.83 on Binance and KuCoin, among others.

With Sam Altman’s expertise and the backing of OpenAI, it will be interesting to see how Worldcoin’s innovative approach to digital currency and its focus on human verification will shape the future of cryptocurrencies.

Read more: What Is Worldcoin? Iris-Scanning Crypto Project

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