Sam Altman's Tools for Humanity has achieved less than 2% of its target to onboard one billion users with its eye-scanning Orb technology, as of late 2025.
The project's slow progress suggests challenges in gaining mass adoption despite significant funding and partnerships, raising questions about the future of biometric identification in cryptocurrency.
Privacy Concerns Loom Over Worldcoin's Biometric Data Use
Worldcoin’s approach raises privacy concerns, with some privacy commissioners skeptical about the system's biometric data use. The project's success may hinge on addressing privacy and security debates within the crypto community.
Privacy is not a static concept; it is a dynamic, contested space. The implementation of biometric data collection, even for laudable goals like universal basic income or preventing AI dominance, necessitates robust public discourse and stringent regulatory frameworks. The potential for misuse, data breaches, and unauthorized surveillance is ever-present, demanding a cautious and transparent approach from all stakeholders involved.
Worldcoin's Unique Approach to Identity Verification Analyzed
No similar biometric-driven identity systems have achieved mass adoption in crypto, unlike Worldcoin's ambitious scope. Previous projects struggled with scaling and Sybil resistance, lacking hardware-based verification and significant capital.
Analytics indicate potential breakthroughs in the identity sector, driven by Worldcoin's unique proposition. Historical data suggests digital ID systems could transform online authentication, but the path is fraught with technical and regulatory hurdles.
We needed some way for identifying, authenticating humans in the age of AGI. We wanted a way to make sure that humans stayed special and central.