The eyeball-scanning cryptocurrency launches with a $1B valuation despite privacy concerns

The eyeball-scanning cryptocurrency launches with a $1B valuation despite privacy concerns

A platform that awards users free crypto in exchange for eyeball scanning launched Thursday with a $1B valuation.

The project has been disputed by privacy experts who claim it violates user privacy by collecting highly sensitive information.

In June, tech investor Sam Altman proposed a way to improve the universal basic income and transition into virtual currencies through a cryptocurrency called Worldcoin. With co-founders Altman (former president of Y Combinator), Alexander Blania, Max Novendstern, Worldcoin has now launched with $1 billion in valuation. $25 million of this funding came from investors Andreesen Horowitz of Coinbase Global, Reid […]

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