Sam Altman’s Worldcoin Biometric Project Faces Uncertainty Amid Leadership Changes
As OpenAI and Microsoft finalizes their employment arrangement, Worldcoin, the biometric project co-founded by Sam Altman, is facing uncertainty. The WLD token, launched six months ago, has seen an 11% drop, trading at $2.22 per token. The price has been fluctuating due to Altman’s abrupt departure from OpenAI, reaching as low as $1.84 and as high as $2.65 within 24 hours.
Worldcoin has not responded to the inquiries about the leadership changes. However, it reiterated its mission in a Twitter post, emphasizing its commitment to creating a more human internet and a more accessible global economy in the age of AI.
Worldcoin’s iris-scanning biometric cryptocurrency project was developed by Tools for Humanity and received significant funding from venture capital firm Andreessen Horowitz. Despite its ambitious goals of creating a biometric database for distinguishing humans and AIs, the project has faced opposition from countries like Kenya, the U.K, Germany, and France.
Despite allocating 75% of its 10 billion tokens to its community and facing some setbacks, the future of Worldcoin remains uncertain following Altman’s sudden departure from OpenAI and new affiliation with Microsoft.
Hot Take: Uncertain Future for Worldcoin Following Sam Altman’s Departure from OpenAI
The Worldcoin biometric project, co-founded by Sam Altman, is facing an uncertain future in the wake of his departure from OpenAI. The project, which aims to create a more accessible global economy, has seen fluctuation in its WLD token and faced opposition from various countries. As Altman’s role with Microsoft and the leadership changes at OpenAI unfold, the future of Worldcoin remains uncertain.
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