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World token jumps 27% as Sam Altman reportedly eyes a biometric social network to kill off bots
['Aoyon Ashraf']
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
World Network (formerly Worldcoin) WLD token surged more than 27% on Wednesday after a Forbes report linked the controversial crypto project to OpenAI’s broader effort to fight bots online.
OpenAI CEO Sam Altman wants to build a “biometric social network” to help online platforms verify users and weed out AI-generated accounts, Forbes reported, citing people familiar with the matter.
World is the crypto project co-founded by OpenAI CEO Sam Altman and raised $135 million in a token sale to a16z and Bain Capital Crypto last year.
WLD token price surge (CoinDesk data)The token spiked shortly after the report, briefly outperforming most major cryptocurrencies, even though it didn’t confirm any formal collaboration between OpenAI and World.
The World Network has drawn both curiosity and criticism since its launch.