Worldcoin is a cryptocurrency that aims to build a worldwide identity and financial network.。The project, created by Tools For Humanity, has already attracted a lot of attention, with reports that it is seeking a huge investment of $50 million.。

According to reports, Sam Altman said at an event that identifying users is important in an AI-dominated world, and more than 2.6 million people have agreed to use Worldcoin's "orb" device to scan their irises, providing participants with digital identification and cryptocurrency rewards.。

Funding and project strategy unveiled

Tools For Humanity is actively seeking a massive $50 million investment to support Worldcoin's growth.。The company's strategy is to sell crypto tokens at a discounted price to attract potential investors.。

After a whirlwind of events at OpenAI, Altman recently returned as the company's CEO.。The drama made headlines across the tech industry as the company went through a roller coaster of CEO changes and board restructurings。

Altman was initially dismissed over alleged confidence issues, and a brief job loss saw him receive an invitation from Microsoft, which coincided with the possible resignation of employees.。However, after intense negotiations, Altman was quickly reinstated as CEO.。

Three days after the initial announcement, his reinstatement marks a swift turnaround.。On top of that, OpenAI's potential valuation is reportedly close to $90 billion, suggesting it plays a vital role in AI.。

Legal compliance and regulatory issues

Despite the ambitious plans announced by OpenAI, there are challenges in adopting the plan globally。In August, Kenya launched an investigation into Worldcoin's regulatory and legal problems.。

While the project's April 2023 Data Control Registration Certificate initially hinted at its compliance, Kenya was quick to clarify that this was not the same as an authorization to operate in the region, and that the world Bitcoin did not become a legal entity.。

Similarly, France, like Britain, has put Worldcoin under intense scrutiny.。The controversial project, known for its unique iris scanning feature, launched its own token on Binance。While taking inspiration from Ethereum's Vitalik Buterin, Worldcoin has run into some hurdles, especially when it comes to privacy issues.。