All Articles

OpenAI Founder Sam Altman’s Next Big Idea Is Crypto

July 25, 2023
x min read

OpenAI founder Sam Altman, who has been highly praised and critiqued for his ambitions in artificial intelligence, has launched his next big venture: a crypto token called Worldcoin.

What Is It:

  • Worldcoin is self described as “the ambition of creating a new identity and financial network owned by everyone"
  • In order to receive Worldcoin, you need to visit an Orb- which is a biometric verification device- and scan your iris
  • Worldcoin has stated a large part of their mission is to prepare for a future where distinguishing between being a human and being AI will be a concern

Who Is Behind It:

  • The founders are Alex Blania, who is the co founder of Tools For Humanity and Sam Altman, founder of OpenAI
  • Worldcoin last raised $115M in a Series C round which included investors such as Blockchain Capital, a16z and Bain Capital

Market Reaction:

  • Worldcoin in it’s first few hours of trading is up +30%
  • Trading volume has already exceeded over $300M USD

Discover what’s next. The world’s biggest ideas, disruptive trends, most exciting early stage companies and groundbreaking entrepreneurs.

By clicking Subscribe you're confirming that you agree with our Privacy Policy.
Thanks for subscribing!
Keep an eye out for a welcome email shortly.
Oops! Something went wrong while submitting the form.