On Monday, OpenAI CEO Sam Altman unveiled Worldcoin, a cryptocurrency project.
The project’s main offering is its World ID, which only real individuals can obtain. To obtain a World ID, a consumer must first sign up for an in-person iris scan utilising Worldcoin’s ‘orb,’ a silver ball about the size of a bowling ball.
When the orb’s iris scan confirms that the individual is a real human, it generates a World ID. Tools for Humanity, based in San Francisco and Berlin, is the business behind Worldcoin.
Since its beta period, the project has gained 2 million users, and with Monday’s debut, Worldcoin is expanding its “orbing” activities to 35 cities in 20 nations.