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Worldcoin Foundation Launches Global Identity Technology & Token Services

In The News

Worldcoin Foundation, a crypto startup founded by Sam Altman, has announced the launch of its services in 20 countries. The startup aims to increase economic opportunity by providing identity technology and its own token to individuals around the world.

Worldcoin Foundation is rolling out its identity technology and token internationally. Users can download the World App, the startup’s wallet software, and visit an Orb, which is a physical device that helps authenticate users’ identities.

The startup plans to distribute its token to individuals in developing countries, with the goal of reaching billions of people who currently lack access to financial services. The token will be used to incentivize users to participate in the Worldcoin network and to reward them for their contributions.

Worldcoin Foundation has raised $25 million in funding from investors such as Andreessen Horowitz, Coinbase Ventures, and Polychain Capital. The startup plans to use the funding to expand its operations and reach more users around the world.

Top things to Know

– Worldcoin Foundation, a crypto startup founded by Sam Altman, is launching its services in 20 countries.
– The startup aims to increase economic opportunity by providing identity technology and its own token to individuals around the world.
– Users can download the World App, the startup’s wallet software, and visit an Orb, a physical device that helps authenticate users’ identities.
– The startup plans to distribute its token to individuals in developing countries, with the goal of reaching billions of people who currently lack access to financial services.
– Worldcoin Foundation has raised $25 million in funding from investors such as Andreessen Horowitz, Coinbase Ventures, and Polychain Capital.

Original article: https://techcrunch.com/2023/07/24/worldcoin-launch-sam-altman/

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