CoinCodex: Scan Your Iris for Crypto? Worldcoin Comes Out of Stealth, Announces $25 Million Investment
Worldcoin, a project that aims to fairly distribute its cryptocurrency to as many as people as possible, has come out of stealth mode and announced a $25 million investment from backers like Andreessen Horowitz, Coinbase and Sam Bankman-Fried. The company says that it’s valued at $1 billion. The Worldcoin project has devised a unique way of distributing its cryptocurrency. Anyone who wants to claim the coin has to scan their iris with a device called the Orb to verify that they are a person and that they haven’t claimed any Worldcoin yet.
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