Sam Altman's Involvement In Worldcoin Is 'Not Expected To Change'

An anonymous reader quotes a report from TechCrunch: Sam Altman may have been asked to leave OpenAI, but his involvement in crypto project Tools for Humanity, which is building Worldcoin, remains uninterrupted, a source close to the project told TechCrunch. Altman has "consistent and valuable" engagement with Tools for Humanity and "that is not expected to change," the source said. The source added that Altman is still chairman and co-founder of the project, confirming that the information on the project's website is up to date. News of Altman's ouster sent the Worldcoin token, WLD, plummeting to a low of $1.84 on Saturday, but the token recovered over the weekend and is currently trading on par with previous levels at $2.40, per CoinMarketCap data. Worldcoin raised $115 million in May in a Series C round led by Blockchain Capital. As of March, Altman was on the project's board, but was not involved in day-to-day operations. "Proof of personhood is becoming increasingly important in the rapidly advancing age of AI," The Worldcoin Foundation told TechCrunch late on Monday. The team supporting Worldcoin is still focused on the project's mission, "building a more human internet and a more accessible global economy through World ID, a privacy-enhancing way to verify humanness and uniqueness online," the company said.

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