The man behind ChatGPT and the CEO of OpenAI, Sam Altman, may be on the verge of raising as much as $100 million for a crypto project called Worldcoin. This is a relatively unknown cryptocurrency which advanced the threat artificial intelligence (AI) should go against, reports the Financial Times.
What is the relationship between ChatGPT and Worldcoin?
Worldcoin was founded in 2019 by Sam Altman and Alex Blania. Since then, Worldcoin has basically continued to operate under the radar, but has been working hard behind the scenes to bring in major investors. Nevertheless, Worldcoin had gigantic ambitions from day one.
The plan is to use revolutionary eye-scanning technology to set up a global identification network. This would then give you access to your own currency that can be used all over the world: Worldcoin.
“Iris biometrics are used to establish a person’s unique personality, then create a digital world ID that can be used pseudonymously in a wide variety of everyday applications without revealing the identity of the user”
This identification system must ensure that a distinction can be made at all times between robots and real people in the online world. This, of course, in the context of a growing fear of ever-advancing AI technology. That the CEO of OpenAI cooperates so closely with this is of course at least interesting.
what a week! From 🌍📱 to ( 🪩_🔴 ), the Worldcoin protocol and its partners have covered a lot of ground in a few short days.
Let’s recap! ⬇️
— Worldcoin (@worldcoin) May 13, 2023
More investors are pouring in
Meanwhile, Worldcoin has already gained support from big names in the financial world, including Digital Currency Group, Coinbaseco-founder of LinkedIn Reid Hoffman and Andreessen Horowitz.
Sam Altman is now in talks to raise another $100 million for Worldcoin, according to the Financial Times. According to the report, these talks are already at an advanced stage. If successful, more than $200 million will have already been invested in the ambitious project.
At the moment, Worldcoin is still in beta, but now the company is gearing up to make it its own blockchain protocol and actually start registering transactions in the next six weeks.
