Crypto Startup Co-Founded by Sam Altman Raises $115 Million

Tools for Humanity has a plan to scan a lot of eyeballs. 

Alex Blania and Sam Altman

Source: Tools for Humanity

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A crypto startup co-founded by OpenAI Chief Executive Officer Sam Altman has raised new funding to further its mission of providing a digital ID for everyone on the planet.

Tools for Humanity, the company behind the cryptocurrency project Worldcoin, said Thursday that it had raised $115 million from investors. The startup aims to create separate IDs for every living person in part by scanning their eyes. The scanning device is a small orb that reads a user’s irises, creating unique digital identities based on blockchain.