OpenAI's CEO SamAltman's strategic move on Worldcoin (WLD)

OpenAI's CEO SamAltman's strategic move on Worldcoin (WLD)


Dear Readers,

We all know that how OpenAI's free to use AI System, ChatGPT has changed the entire ecosystems towards the usage of AI into the daily life of common man. 

Everyone around the world loved to test and work with ChatGPI and embedded various plug ins into their work flow to make their work easy. 

We have witnessed that with the usage of ChatGPT and its popularism made Microsoft had taken an upper hand than Google in the AI arena. Google's BARD also critically remarked after its failure to share accurate information which made a loss to Google's parent company Alphabet over USD 100B in a single day in the market value. 

During the recent coup in ChatGPI when Sam Altman sacked from the CEO of Open AI, he joined in Microsoft which showed the close networks with OpenAI and Microsoft. But later it is an interesting story that Sam Altman was re-instated as CEO of Open AI and the recommended board were fired. 

Now Sam Altman hit the headlines again. He has double down his vision on the Crypto coin Project- Worldcoin after the reports that Worldcoin seeks funding for USD 50 millions. 

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This strategic move and commitment by Sam Altman made the hike of price of Worldcoin over 50% in the 24 hours. At the time of writing this article, Worldcoin - WLT trades at $3.90 with an increase of 52% in the last 24 hr. 

Worldcoin says it aims to create a global identity and financial network. We can come to know that the project is getting wide interest among the people that over 2.6 million people have signed up Worldcoin's device- orb and their irises scanned in for in exchange of digital ID and free cryptocurrency.

The project got interested among the public as they get 25 WLD coins for free - while they do their retina scan by downloading their app- went to the nearest orb center. While the demand for this World coin raises among the public, it also came down with scrutiny issues by the regulators over the data protection. 

Interestingly, Worldcoin is an IRIS Biometric cryptocurrency project developed by San Francisco and Berlin based Tools for Humanity. Founded in 2019 by OpenAI Chief Executive Sam Altman, Max Novendstern and Alex Blania, it is backed by VC Andreessen Horowitz. 

Tools for Humanity Corporation doing business as Worldcoin- WLT, is a decentralized digital currency and serves customers across the globe. The Company distributes cryptocurrency by scanning people's eyes through volleyball-sized chrome spheres. 

 

 

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