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The second group of startups awarded funding by Worldcoin to work on extensions and applications of its digital identity and iris biometric technologies.
Wave1 of the Worldcoin Community Grants Program consists of 17 projects. One of them, Taceo, was awarded a grant as part of Wave0 to apply multi-party computation to iris code comparison. This led Worldcoin to adopt the new system for iris codes, and Taceo has received another grant to continue its work.
Grant recipients include Axiom, Proof of Passport, Farcaster Humaniser, Alphaday, Agora, Only Dust and BBB & Company.
Encode Club is getting a grant to create a series of live workshops and YouTube videos to educate people about Worldcoin. Wormhole will bring WorldID verification to Solana, and zkSnap provides a secure voting protocol for system governance. Cometh will create a mobile native library for World Chain wallets to integrate passkeys and other tools.
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WORLDCOIN: SAM ALTMAN’S CRYPTO TOOL FOR TECHNOCRACY?
More than a sketchy cash for biometrics scheme, OpenAI CEO Sam Altman and friends’ Worldcoin project is positioning itself as a one-stop shop for identity and financial infrastructure that could upend traditional finance and governance structures as we know them.
EYEBALL-SCANNING COMPANY WORLDCOIN CAPITALIZES ON ARGENTINA’S INFLATION CRISIS
Amid soaring inflation, Worldcoin leverages Argentina's economic crisis, offering $50 in cryptocurrency for biometric data from financially vulnerable citizens. Here’s news that at this point, in and of itself, is no news – Argentina is experiencing another wave of huge inflation. However, this time a new player is involved in the crisis – Sam Altman’s Worldcoin.
WORLDCOIN ISN’T AS BAD AS IT SOUNDS: IT’S WORSE
Worldcoin — a new financial system connected to sensitive biometric information, mostly harvested from poor people — sure sounds like a terrible idea.
“Terrible” doesn’t do it justice.
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