2023-12-17 13:01:00
The CEO of OpenAI, Sam Altman, promotes the cryptocurrency project Worldcoin, following information that the company wants to attract a financing of 50 million dollars, reports Archyde.com and News.ro.
Sam Altman, CEO of OpenAIFoto: Steve Jennings / Getty images / Profimedia
Worldcoin says it aims to create a global identity and financial network.
More than 2.6 million people have signed up to have their irises scanned by Worldcoin’s “blind” devices in exchange for a digital ID and free cryptocurrency.
Altman appeared at a virtual Q&A session hosted by fintech investment bank FT Partners on Thursday, a week following crypto news outlet The Block reported that Tools For Humanity, the company behind Worldcoin, wants to raise $50 million from investors.
The company is raising funds by selling the project’s crypto tokens at a discounted price, according to The Block.
“In a world with a lot of AI, knowing who is human matters more and more. The belief was and is that as AI becomes an increasingly important part of our lives (…), the ability to identify unique people will be increasingly important,” Altman said Thursday.
A spokesperson for Worldcoin did not immediately respond to a request for comment on the information published by The Block.
The firm previously raised $115 million in a Series C funding round led by Blockchain Capital, alongside a16z crypto and Bain Capital Crypto.
Various regulators, including those in the UK and Germany, said they were looking into Worldcoin following it launched in July.
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