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Chain Reaction

Bonus Episode: Worldcoin is going on a race to billions of users “as fast” as it can (w/ Alex Blania)

Jan 29, 2024
18:49

This is a bonus episode, where Jacquelyn interviewed Alex Blania, CEO and co-founder of Tools for Humanity, in a fireside chat at a StrictlyVC event in San Francisco. 

The startup was co-founded by Alex, OpenAI’s Sam Altman and Max Novendstern. To date, it has raised about $250 million from investors like a16z, Bain Capital Crypto and others. It is also the entity that created a crypto-focused project called Worldcoin. 

The startup is well-known across the venture capital, AI and crypto spaces for its futuristic-looking Orb device, which scans peoples’ irises then assigns them a “World ID” that lets users access Worldcoin’s application and a digital passport. The verification process aims to prove individuals’ identities and stop anyone from making multiple accounts.

They discussed how Alex got involved in Tools for Humanity over four years ago, how World ID could help improve digital verification during the rise of AI and more. 

Jacquelyn and Alex also talked about: 

  • Worldcoin’s plans to generate revenue 
  • How World ID could help with elections 
  • A new “more friendly” Orb model 
  • AI’s effect on society 
  • When Worldcoin will have a “ChatGPT moment”

Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.

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