Sam Altman Maintains Active Role in Worldcoin Despite OpenAI Departure
While Sam Altman’s abrupt exit from OpenAI made headlines globally, his involvement in Tools for Humanity—the company behind the controversial Worldcoin cryptocurrency project—remains unchanged, according to sources close to the project.
Consistent Leadership in Crypto Venture
A project insider confirmed to TechCrunch that Altman continues his “consistent and valuable” engagement with Tools for Humanity. The former OpenAI CEO remains both chairman and co-founder of the Worldcoin initiative, with his leadership role clearly reflected on the official company website.
Market Impact and Recovery
The initial news of Altman’s OpenAI departure caused significant volatility for Worldcoin’s native token (WLD):
- Dropped to a low of $1.84 on November 18
- Rebounded to $2.40 by November 21 (per CoinMarketCap data)
- Currently trading at pre-announcement levels
Worldcoin’s Growing Ecosystem
The project has demonstrated remarkable growth metrics:
- 2.46 million+ signups since public launch 120 days ago
- 65,200+ new accounts created in past week
- 137,000 daily wallet transactions on average
The Controversial Vision Behind Worldcoin
Worldcoin’s mission centers on developing “proof of personhood” in the AI era through its unique identification system. The Worldcoin Foundation stated:
“We’re building a more human internet and accessible global economy through World ID—a privacy-enhancing way to verify humanness and uniqueness online.”
The Orb Controversy
Worldcoin’s signature iris-scanning Orb hardware has drawn both interest and criticism:
- Technology: Scans irises to create unique digital IDs
- Purpose: Prevents duplicate accounts and verifies identity
- Controversies:
- Kenya banned further scans over data privacy concerns
- Critics accuse project of targeting developing nations
- Offers 25 WLD tokens (~$58.50) for signups in eligible countries
Emerging Market Focus Defended
Tiago Sada, Tools for Humanity’s Head of Product, argues the emerging market focus is justified:
“Most tech projects start in easier-to-operate emerging markets. Our approach is fair and addresses real needs for digital identity.”
With Altman’s continued involvement and the project’s rapid growth, Worldcoin appears poised to remain a significant—if controversial—player in the crypto and digital identity space.
For ongoing coverage of the OpenAI developments:
- Sam Altman’s OpenAI Departure Timeline
- How the OpenAI Situation Benefits Meta
- History of OpenAI’s Board Members
- AI Talent War Escalates
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