Amid OpenAI chaos, Sam Altman’s involvement in Worldcoin ‘not expected to change’ | TechCrunch

A source close to the project told TechCrunch that Sam Altman may be asked to leave OpenAI, but his participation in Tools for Humanity, the encryption project that is building Worldcoin, remains intact.

The source said Altman has an “ongoing and valuable” collaboration with Tools for Humanity and “does not expect that to change.” The source added that Altman remains chairman and co-founder of the initiative, confirming Information about the project website Already the latest.

The news of Ultraman’s resignation sent World Coin tokens, World LDplummeted to a low of $1.84 on Saturday, but the coin rebounded over the weekend and is currently trading at $2.40, unchanged from previous levels. coin market cap data.

World currency raising $115 million In May, it raised Series C financing led by Blockchain Capital. As of March, Altman was on the project’s board of directors but was not involved in day-to-day operations.

The WorldCoin Foundation told TechCrunch on Monday night: “In the era of rapid development of artificial intelligence, personality proof has become increasingly important.” The team supporting WorldCoin remains focused on the mission of the project, “to build a more humane The Internet and a more accessible global economy “through World ID, a privacy-enhancing way to verify humanity and uniqueness online,” the company said.

world currency with its Controversial sphere hardware, which scans people’s irises and assigns them an ID, giving users access to Worldcoin’s app and digital passport. The verification process is designed to prove an individual’s identity and prevent anyone from creating multiple accounts.

The encryption project faces resistance from some countries, especially Kenya. Disable worldcoin scanning There were additional concerns that the company failed to inform users about the data security and privacy measures it took and how the data collected would be used or processed.

Worldcoin has also faced backlash from critics who claim the company is targeting developing countries with looser privacy rules. The program offers most participants (outside the United States and a few other countries) 25 WLD tokens, worth approximately $58.50, in exchange for signing up. Its critics call it exploitative.

But that didn’t stop individuals from signing up. According to Worldcoin, more than 2.46 million people have signed up for Worldcoin in the 120 days since it was launched to the public. websiteOver 65,200 new accounts have been created in the past seven days, and the project has an average daily wallet transaction volume of 137,000.

Tiago Sada, product lead at Human Tools and a core contributor to WorldCoin, previously told me that focusing on developing countries and offering free tokens is “fair” because most tech projects focus on emerging markets first, Because they’re “easier” to “need to operate in.” Ultraman should be helping out for the foreseeable future.

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