Sam Altman's plan for Worldcoin domination

As if launching chatGPT was not heady enough, the OpenA founder has been testing another bold idea of creating a 'universal currency and identity standard' with a fresh $115M in his pocket.

Back in 2015, Mr. Altman was one of the founding organizers of the then non-profit OpenAI, along with Elon Musk (the largest donor), CTO Greg Brockman, Reid Hoffman, Jessica Livingston (Y Combinator), Peter Thiel, Amazon Web Services, Infosys, and YC Research who combined pledged over $1 billion to the venture. Sam was the CEO of Y Combinator then, a position he held until he joined OpenAI as CEO in 2020.

The Battle of the Bots

In 2023, OpenAI CEO Sam Altman became the poster boy for AI. OpenAI, the AI lab founded in 2015 with the mission of 'promoting and developing friendly AI,' introduced an AI chatbot called chatGPT that you could ask anything, and a new era was born. 

As if launching generative AI tools is not heady enough, Mr. Altman has been simultaneously brewing another bold idea of creating a 'universal currency and a digital identity and privacy standard,' supported by an iris scanning identification system. Cofounded in 2019 by Mr. Altman and Alex Blania, the CEO of Tools for Humanity, the new crypto project is unabashedly called Worldcoin. Worldcoin's goal is to become 'the world's largest and most inclusive identity and financial network, around a branded ID authentication system, a cryptocurrency, and a crypto wallet, with the eventual goal of becoming a DAO-like entity with decentralized decision-making.

Worldcoin's tokenomics strategy has an equally altruistic bent, as they plan to freely distribute WLD as a universal basic income to everyone 'just for being a unique individual' as a reward to 'establish unique digital identities' to prove 'humanness in an online world populated with increasingly advanced artificial intelligence is possible.'