Sam Altman's World Launches in US with Eye-Scanning Orbs and Cryptocurrency

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On Thu, 1 May, 8:03 AM UTC

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World, co-founded by OpenAI CEO Sam Altman, debuts in the US with iris-scanning technology for digital identity verification and a cryptocurrency token, amid regulatory changes and partnerships with major companies.

World Launches in the US with Eye-Scanning Technology

Tools for Humanity, the startup behind the World human verification project co-founded by OpenAI CEO Sam Altman, has officially launched its services in the United States. The company, which aims to create digital "proof of human" tools, unveiled a series of initiatives during its "At Last" event in San Francisco 12.

The Orb and Orb Mini: Verifying Human Identity

At the core of World's technology is the Orb, a silver metal device designed to scan users' eyeballs and create a unique identifier on the blockchain. The company has now introduced the Orb Mini, a portable version that resembles a smartphone 1. Thomas Meyerhoff, a former Apple designer, contributed to the Orb Mini's design 1.

World claims that 26 million people have signed up globally, with 12 million already verified 1. The company aims to expand its presence in the US market with this launch.

US Expansion and Partnerships

World is opening brick-and-mortar storefronts in six US cities: Austin, Atlanta, Los Angeles, Miami, Nashville, and San Francisco 12. These "Apple-like stores" will allow people to have their eyeballs scanned by the Orbs 2.

The company has also announced partnerships with major corporations:

  1. Visa: Collaborating on a debit card that will convert World's cryptocurrency (WLD) to fiat currency at checkout 4.
  2. Match Group: Partnering to verify users on dating apps like Tinder 5.

Cryptocurrency and Financial Aspects

World's cryptocurrency, Worldcoin (WLD), will be available on exchanges like Coinbase 4. Users who scan their eyes at a World orb will receive 16 WLD tokens 4. The price of WLD has been volatile, trading below its 2023 debut price before the US launch event 4.

Regulatory Landscape and Challenges

World's global launch has faced regulatory scrutiny in several countries, including Kenya, Portugal, Spain, Hong Kong, and Brazil 3. Concerns have been raised about data privacy and the collection of biometric information 35.

The company's US launch comes amid a shift in the political landscape, with the Trump administration taking a more favorable stance towards cryptocurrencies 5. This change has given Tools for Humanity the confidence to expand into the US market 4.

Future Vision and AI Connection

Sam Altman and Alex Blania, World's co-founders, argue that a reliable method of distinguishing humans from computers is essential as AI becomes more advanced 5. The implicit goal is to address the societal ramifications of AI technologies, including those developed by OpenAI, Altman's other company 4.

World's technology could potentially be used across various sectors, including government services, community services, and social networks 5. The company aims to make World ID the primary method for verifying humans online, potentially serving as a form of universal basic income in a future where AI may replace many jobs 4.

Expansion Plans and Profitability

World plans to build up to 10,000 orbs for the US market within the next 12 months, significantly increasing its current global supply 5. The company is constructing a new factory in Richardson, Texas, to assemble the orbs 5.

While World has yet to turn a profit, Adrian Ludwig, the chief architect at Tools for Humanity, estimates that the network's operating costs may be offset by generated fees within approximately 18 months 5.

As World continues its expansion and faces ongoing regulatory challenges, the success of its US launch will likely play a crucial role in shaping the future of digital identity verification and the intersection of blockchain technology with AI-driven societal changes.

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