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Crypto Startup That Wants to Scan Everyone’s Eyeballs Is Having Some Trouble

Sam Altman’s Worldcoin wants to give cryptocurrency to everyone in the world, but the startup has pushed back its launch date and stopped operating in some countries.

The Worldcoin orb

The Worldcoin orb

Source: Worldcoin


Worldcoin — the billion-dollar startup that wants to give cryptocurrency to every living human by imaging their eyes — has recently halted operations in at least seven countries due to a host of logistical hurdles that have prompted it to redraw its launch plans.

Co-founded in 2020 by former Y Combinator chief Sam Altman, Worldcoin aims to photograph the irises of everyone on earth in order to identify them so it can distribute its new digital money fairly. So far, the company has collected images of the eyes of hundreds of thousands of people in about 20 countries. But the process has been bedeviled by problems such as uneven smartphone access, confused users and fraud attempts.