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

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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.

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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

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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

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. Thomas Meyerhoff, a former Apple designer, contributed to the Orb Mini's design

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World claims that 26 million people have signed up globally, with 12 million already verified

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. 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

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. These "Apple-like stores" will allow people to have their eyeballs scanned by the Orbs

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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

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  2. Match Group: Partnering to verify users on dating apps like Tinder

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Cryptocurrency and Financial Aspects

World's cryptocurrency, Worldcoin (WLD), will be available on exchanges like Coinbase

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. Users who scan their eyes at a World orb will receive 16 WLD tokens

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. The price of WLD has been volatile, trading below its 2023 debut price before the US launch event

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Regulatory Landscape and Challenges

World's global launch has faced regulatory scrutiny in several countries, including Kenya, Portugal, Spain, Hong Kong, and Brazil

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. Concerns have been raised about data privacy and the collection of biometric information

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The company's US launch comes amid a shift in the political landscape, with the Trump administration taking a more favorable stance towards cryptocurrencies

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. This change has given Tools for Humanity the confidence to expand into the US market

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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

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. The implicit goal is to address the societal ramifications of AI technologies, including those developed by OpenAI, Altman's other company

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World's technology could potentially be used across various sectors, including government services, community services, and social networks

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. 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

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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

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. The company is constructing a new factory in Richardson, Texas, to assemble the orbs

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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

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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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