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Reading: Worldcoin rebrands to World after lacking eyeball goal by 99.4%
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Michigan Post > Blog > Crypto & Web 3 > Worldcoin rebrands to World after lacking eyeball goal by 99.4%
Crypto & Web 3

Worldcoin rebrands to World after lacking eyeball goal by 99.4%

By Editorial Board Last updated: October 18, 2024 1 Min Read
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Worldcoin rebrands to World after lacking eyeball goal by 99.4%

Sam Altman’s nightmare gasoline crypto mission Worldcoin is rebranding to World Community, or World for brief, lower than a 12 months after lacking its 2023 sign-up goal by a whopping 99.4%.

Altman introduced the branding shift on Thursday together with a brand new model of World’s controversial iris-scanning ‘orb’ machine. Powered by the Nvidia Jetson chip, this new technology of biometric boohockey is outwardly “five times” extra highly effective and guarantees enhanced privateness and safety features.

In a weblog submit, World mentioned that it rebranded as a result of “the name ‘Worldcoin’ no longer encapsulates the mission of the project—to accelerate every human.”

In October 2021, Worldcoin introduced that it aimed to onboard one billion customers by the tip of 2023. Nonetheless, the mission solely managed to scrounge up six million pairs of eyeballs, marking a 99.4% miss.

On Thursday, Altman mentioned that quantity had risen to fifteen million — nonetheless 98.5% wanting its 2023 goal.

Worldcoin additionally unveiled World ID Deep Face, which claims to acknowledge AI and get rid of the issue of deepfakes.

World Community is at the moment banned in Spain and Portugal and beneath overview in Argentina and the UK.

TAGGED:eyeballmissingRebrandstargetWorldWorldcoin
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