Worldcoin: Eye-scanning cryptocurrency launches with $1 billion valuation

    OpenAI CEO and former Y Combinator President Sam Altman has announced Worldcoin, a project designed to equitably distribute free cryptocurrency to as many people as possible. Obtaining that crypto, however, involves a discomforting concession – an iris scan, which has raised privacy concerns amongst critics. According to Global Findex, over 31% of the global population…

    OpenAI and Y Combinator co-founder wants to share Worldcoin in exchange for eye scanning

    Sam Altman, the former president of Y Combinator, is working on a new cryptocurrency project. The token called Worldcoin will be distributed to everyone on Earth in exchange for their eye scans. The futuristic idea already has attracted many backers in Silicon Valley, including VC investment firms Andreessen Horowitz, Day One Ventures, and LinkedIn co-founder…