Sam Altman’s eye-scanning project launches cryptocurrency in the US
Sam Altman’s eye-scanning project launches cryptocurrency in the US
Sam Altman’s eye-scanning project, Worldcoin, is launching its cryptocurrency in the US for the first time, starting this week.
Users who scan their eyes at a World orb will receive 16 units of Worldcoin (WLD), which can be used to purchase goods and services.
Worldcoin will be available on exchanges like Coinbase, allowing users to buy, sell, and trade WLD.
A debit card partnership with Visa is also in the works, set to launch later this year, which will convert WLD to fiat currency at checkout.
The project’s physical “World Space” locations and Razer gaming stores will offer iris scans using metallic orbs, allowing users to verify their identity on a blockchain.
World’s orbs have scanned millions of peoples’ eyes to verify their identity on a blockchain.
Over the past few years, what sounds like an episode of Black Mirror has been unfolding in real life: millions of people around the world have agreed to let metallic orbs scan their eyes in exchange for receiving blockchain-based ID and a cryptocurrency called Worldcoin.
Beginning this week, Worldcoin (WLD) will be available in most of the US for the first time, including via exchanges like Coinbase. Those who scan their eyes at a World orb will receive 16 WLD. The Sam Altman co-founded startup behind the project, Tools for Humanity, is also working with Visa to release a debit card later this year that converts WLD to fiat currency at checkout. Altman, who is currently the chairman of Tools for Humanity, announced the news alongside CEO Alex Blania at a press event in San Francisco on Wednesday, dubbed “At Last.”
World’s orbs will be available for iris scans at physical “World Space” locations in Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, as well as in Razer gaming stores. Tools for Humanity updated the orb’s physical design last year, and now it’s releasing a smaller “orb mini” that’s designed to be more portable.
A. Sam Altman co-founded the startup, Tools for Humanity, which is behind the Worldcoin project.
Q. What is Worldcoin (WLD) and how will it be used?
A. Worldcoin is a cryptocurrency that can be received by scanning one’s eyes at a World orb, and it will also be available on exchanges like Coinbase.
Q. How much WLD will people receive for scanning their eyes?
A. Those who scan their eyes at a World orb will receive 16 WLD.
Q. What is the partnership between Tools for Humanity and Visa?
A. Tools for Humanity is working with Visa to release a debit card later this year that converts WLD to fiat currency at checkout.
Q. Where can people get their eyes scanned by World orbs?
A. Physical “World Space” locations in Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco, as well as in Razer gaming stores will be available for iris scans.
Q. What is the new design of the World orb?
A. The physical design of the World orb was updated last year, and a smaller “orb mini” version has been released that’s designed to be more portable.
Q. Who announced the news alongside CEO Alex Blania at a press event in San Francisco?
A. Sam Altman announced the news alongside CEO Alex Blania at a press event in San Francisco on Wednesday, dubbed “At Last”.
Q. What is the purpose of scanning people’s eyes with World orbs?
A. The purpose of scanning people’s eyes with World orbs is to verify their identity on a blockchain.
Q. How will the WLD be used in everyday life?
A. The WLD can be converted to fiat currency at checkout using the debit card released by Tools for Humanity and Visa.
Q. Is the Worldcoin project related to the concept of Black Mirror?
A. Yes, the Worldcoin project sounds like an episode of Black Mirror, as it involves people agreeing to let their eyes be scanned in exchange for blockchain-based ID and a cryptocurrency.
