{"id":323440,"date":"2023-05-08T21:46:54","date_gmt":"2023-05-08T20:46:54","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=323440"},"modified":"2025-04-10T18:36:48","modified_gmt":"2025-04-10T17:36:48","slug":"openai-ceos-worldcoin-project-launches-wallet-app","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/openai-ceos-worldcoin-project-launches-wallet-app\/","title":{"rendered":"OpenAI CEO\u2019s Worldcoin project launches wallet app"},"content":{"rendered":"<p>Worldcoin, a cryptocurrency project co-founded by OpenAI CEO Sam Altman, announced the launch of its cryptocurrency wallet on <a href=\"https:\/\/worldcoin.org\/blog\/announcements\/introducing-world-app\">May 8<\/a>.<\/p>\n<h2>Worldcoin wallet now, token later<\/h2>\n<p>The new wallet, titled &#8220;World App,&#8221; supports a beta version of Worldcoin (WLD) as well as third-party cryptocurrencies such as <a href=\"https:\/\/cryptoslate.com\/coins\/weth\/\">Wrapped Ethereum<\/a> (WETH), <a href=\"https:\/\/cryptoslate.com\/coins\/wrapped-bitcoin\/\">Wrapped Bitcoin<\/a> (WBTC), <a href=\"https:\/\/cryptoslate.com\/coins\/usd-coin\/\">USD Coin<\/a> (USDC), and Maker's <a href=\"https:\/\/cryptoslate.com\/products\/makerdao\/\">DAI<\/a> stablecoin (DAI).<\/p>\n<p>Worldcoin itself is not currently in circulation but will be launched later this year. Users in eligible countries will be able to claim the token on a weekly or monthly basis. Users in the U.S. are not meant to hold the asset, WorldCoin said.<\/p>\n<p>World App and Worldcoin are largely powered by the Ethereum blockchain and related technologies including account abstraction, ENS usernames, and Uniswap. The beta relies on <a href=\"https:\/\/cryptoslate.com\/coins\/polygon\/\">Polygon<\/a> while the final version will run on Ethereum rollups.<\/p>\n<p>The project also relies on Ramp and MoonPay for fiat withdrawals and deposits.<\/p>\n<h2>Worldcoin focuses on AI, ID<\/h2>\n<p>Worldcoin <a href=\"https:\/\/cryptoslate.com\/worldcoin-wants-to-scan-your-eyeballs-but-its-founder-says-thats-the-future-of-privacy\/\">attracted controversy<\/a> beginning in 2021 due to its reliance on retina-scanning ID technology, which was frequently called &#8220;dystopian.&#8221;<\/p>\n<p>The project addressed that concern today as it noted that World App integrates its World ID product, but on an optional basis. It said that the app does not &#8220;require any personal information&#8221; and said that users can delete their data instantly. It said that World ID keys are self-custodied, though users can back up those keys on cloud services.<\/p>\n<p>Worldcoin also hinted at its artificial intelligence (AI) plans, noting that it aims to &#8220;empower individuals in the Age of AI&#8221; by providing &#8220;AI-funded UBI.&#8221;<\/p>\n<p>Worldcoin is not directly related to OpenAI beyond the fact that <a href=\"https:\/\/cryptoslate.com\/people\/sam-altman\/\">Sam Altman<\/a> has been involved in both firms. Altman has also held other roles in the tech industry, including various positions at the startup accelerator YCombinator between 2011 and 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Worldcoin, a cryptocurrency project co-founded by OpenAI CEO Sam Altman, announced the launch of its cryptocurrency wallet on May 8. Worldcoin wallet now, token later The new wallet, titled &#8220;World App,&#8221; supports a beta version of Worldcoin (WLD) as well as third-party cryptocurrencies such as Wrapped Ethereum (WETH), Wrapped Bitcoin (WBTC), USD Coin (USDC), and [&hellip;]<\/p>\n","protected":false},"author":1403,"featured_media":323582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78326,77968,76736,60206],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OpenAI CEO\u2019s Worldcoin project launches wallet app<\/title>\n<meta name=\"description\" content=\"Worldcoin, a cryptocurrency project co-founded by OpenAI CEO Sam Altman, announced the launch of its cryptocurrency wallet on May 8.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/openai-ceos-worldcoin-project-launches-wallet-app\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OpenAI CEO\u2019s Worldcoin project launches wallet app\" \/>\n<meta property=\"og:description\" content=\"Worldcoin, a cryptocurrency project co-founded by OpenAI CEO Sam Altman, announced the launch of its cryptocurrency wallet on May 8.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/openai-ceos-worldcoin-project-launches-wallet-app\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-08T20:46:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-10T17:36:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/05\/worldcoin-iris.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mike Dalton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mike Dalton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/openai-ceos-worldcoin-project-launches-wallet-app\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/openai-ceos-worldcoin-project-launches-wallet-app\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#person\",\"name\":\"Mike Dalton\",\"url\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/mike-dalton\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/mike-dalton-author-300x300.jpg\",\"caption\":\"Mike Dalton\"},\"jobTitle\":\"Former Journalist\",\"description\":\"Before transitioning to crypto writing in 2018, Mike studied library and information sciences. 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