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Sam Altman and Elon Musk are racing to build an ‘everything app’

Sam Altman and Elon Musk are racing to build an ‘everything app’

  • Sam Altman and Elon Musk are racing to build an “everything app” that encompasses finance, social media, gaming, and more.
  • Altman’s plan for his super app was revealed at a recent event space on the northern edge of San Francisco, where he showcased his vision for Tools for Humanity’s World app.
  • The World app is a crypto wallet, social network, and mini-app platform that has already gained 26 million monthly users, with 12 million verified by an orb.
  • Users can message others via a chat interface tied to World IDs, send or receive cryptocurrency, and access dozens of mini apps developed by third-party developers.
  • The World app aims to rival X (formerly Twitter) and is being built using the token from Altman’s cryptocurrency called Worldcoin, which is available in US retail stores.

Sam Altman and Elon Musk aren’t just competing in the AI race; they both have ambitions to build Silicon Valley’s holy grail: an “everything” super app encompassing finance, social media, gaming, and more.

Earlier this week, I got a peek at Altman’s plan from a cavernous event space on the northern edge of San Francisco. He was not there as the CEO of OpenAI, but as the co-founder and chairman of Tools for Humanity, the parent company of a cryptocurrency called Worldcoin that’s now available in the US. Worldcoin is distributed to people who scan their eyes at one of the startup’s orbs, which are rolling out in retail stores across America. At the same time, the token is being used to build a super app to rival X.

Tools for Humanity’s World app is a crypto wallet, social network, and mini-app platform all in one. Its monthly user base has doubled in the last six months to 26 million people, 12 million of whom have been verified by an orb. In the World app, you can message others via a chat interface tied to World IDs – the blockchain-based identifier you get after scanning your eyes – and send or receive cryptocurrency. There are also dozens of mini apps available from developers …

Read the full story at The Verge.

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Q. Who is racing to build an ‘everything app’?
A. Sam Altman and Elon Musk.

Q. What is the goal of the “everything” super app that Sam Altman and Elon Musk are building?
A. To encompass finance, social media, gaming, and more.

Q. What is Worldcoin, according to Tools for Humanity’s parent company?
A. A cryptocurrency that is distributed to people who scan their eyes at one of the startup’s orbs.

Q. How many people have been verified by an orb in the World app?
A. 12 million out of a monthly user base of 26 million.

Q. What can users do on the World app?
A. Message others via a chat interface, send or receive cryptocurrency, and access dozens of mini apps from developers.

Q. Who is the co-founder and chairman of Tools for Humanity?
A. Sam Altman.

Q. What is the name of the parent company of Worldcoin?
A. Tools for Humanity.

Q. How has the monthly user base of the World app doubled in the last six months?
A. It has doubled to 26 million people.

Q. What is the blockchain-based identifier that users get after scanning their eyes on the World app?
A. A World ID.

Q. Who is building a super app to rival X?
A. Sam Altman and Elon Musk (through their respective companies).