ChatgPT creator plans to attract $100 Milln for its crypto project – Bits Media

CEO of OpenAI Sam Altman plans to attract funding in the amount of about $100 Milln to finance its cryptocurrency project Worldcoin.

According to three people, aware of the transaction, Sam Altman (Sam Altman) conducts preliminary negotiations on raising funds, since it is preparing to launch Worldcoin in the next few weeks.

The group includes existing, so new investors, said one of the sources. Previous investors of the company were Khosla Ventures and the Andreessen Horowitz cryptonfield, as well as the founder of FTX Sam Bankman-Fried (Sam Bankman-Fried) and Internet entrepreneur raid Hoffman (Reid Hoffman).

Altman plans to use the technology of scanning the eyeball to create a global identification system, which can be applied to obtain free access to its own global currency Worldcoin.

Worldcoin was criticized by a number of questions, First of all due to that, that biometric scanning creates risks for confidentiality. The company's website is approved, that the company will not store scans of the rainbow shell of the eye and that the device will not hurt users' eyes.

Previously, the WorldSoin introduced the Cryptochene application with the same name. The wallet will initially support the World Coin and Ethereum ecosystems. The World App for the wallet is already available for downloading in the App Store and Google Play. World Coin is available in more than 80 countries.

Recently owned by the American company PayPal Payment Service Venmo, the number of customers of which only in the US exceeds 60 million people, stated, which will add the possibility of translating in cryptocurrency.