Altman’s Worldcoin Still Safe Despite Controversy, Investor Says

Aug. 1, 2023, 7:12 PM UTC

Worldcoin, the crypto identity system started in part by OpenAI Chief Executive Officer Sam Altman, is going to continue to grow in importance, despite the controversy around the project.

That’s the view of Chris Perkins, president of crypto venture firm CoinFund, which has backed Worldcoin since at least 2021. The project uses a device called an orb to scan users’ eyes in order to generate a unique digital identity that also allows them to receive the Worldcoin crypto tokens that were released last week.

Called World ID, the identity gives holders “proof of personhood” at a time when ...

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