- Worldcoin, co-founded by OpenAI CEO Sam Altman, secures $115 million from investors.
- The innovative crypto project relies on iris scanning technology for internet IDs.
- Worldcoin’s approach has encountered significant criticism from privacy advocates.
Worldcoin’s eye-scanning technology is raising eyebrows among the public, with many citing privacy concerns. These concerns are not shared by investors, which poured $115 million into Sam Altman’s company.
On Thursday, May 26, Spencer Bogart, CFA at Blockchain Capital, explained why his company led the $115 million funding round. He claimed that he was initially skeptical of the project, but has since changed his perspective.
