{"id":48626,"date":"2023-11-18T09:57:41","date_gmt":"2023-11-18T09:57:41","guid":{"rendered":"https:\/\/prosfunds.com\/markets\/crypto\/sam-altmans-departure-from-openai-triggers-a-sharp-decline-in-worldcoins-value\/"},"modified":"2023-11-18T09:57:42","modified_gmt":"2023-11-18T09:57:42","slug":"sam-altmans-departure-from-openai-triggers-a-sharp-decline-in-worldcoins-value","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=48626","title":{"rendered":"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin&#8217;s Value"},"content":{"rendered":"<div>\n<figure id=\"attachment_133221\" aria-describedby=\"caption-attachment-133221\" style=\"width: 767px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><figcaption id=\"caption-attachment-133221\" class=\"wp-caption-text\">Source: A screenshot, worldcoin.org<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The recent announcement of <strong>Sam Altman<\/strong>\u2018s departure from <strong>OpenAI<\/strong> has triggered a sharp decline in the value of <strong>Worldcoin\u2019s<\/strong> WLD token.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from CoinGecko.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The drop marks a 42% decrease from WLD\u2019s all-time high of $3.30, which was reached when Worldcoin emerged from beta in July.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the past 24 hours, WLD has seen a trading volume of $141 million, with approximately 40% of it coming from the WLD and Tether (USDT) trading pair on Binance.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Altman, who co-founded Worldcoin along with Max Novendstern and Alex Blania in 2019, was removed from his position as CEO of OpenAI due to his alleged lack of candid communication that affected the responsibilities of the board.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cThe board no longer has confidence in his ability to continue leading OpenAI,\u201d the board of directors announced in a\u00a0<\/span><span data-preserver-spaces=\"true\">blog post<\/span><span data-preserver-spaces=\"true\">\u00a0Friday.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Interestingly, the broader AI coins and token category does not seem to have been significantly impacted by Altman\u2019s exit.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the past 24 hours, the AI coin market cap, as defined by CoinGecko, has grown by 30% to reach $5.4 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Worldcoin is a biometric cryptocurrency project developed by Tools for Humanity, based in San Francisco and Berlin.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The project aims to authenticate human identity online through a mechanism called World ID, which helps combat bots and fake identities.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Users join the network by having their iris scanned with an orb-shaped scanner and receive Worldcoin tokens in return, which was inspired by a universal basic income mechanism.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The project\u2019s token, WLD, is based on the Ethereum blockchain.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While it is not available in the U.S., Worldcoin\u2019s iris-scanning orbs have been deployed in several states, including New York, San Francisco, and Atlanta.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Worldcoin Faces Controversy Across the World<\/span><\/h2>\n<p><span class=\"replacer\"><\/span><br \/><span data-preserver-spaces=\"true\">Since its inception, Worldcoin has faced criticism and controversy.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Last year, MIT Technology Review\u00a0<\/span><span data-preserver-spaces=\"true\">published an article<\/span><span data-preserver-spaces=\"true\">\u00a0claiming that the project acquired its first 500,000 users through \u201cdeception, exploited workers, and cash handouts.\u201d\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally, governments, including the U.K., Germany, France, and\u00a0<\/span><span data-preserver-spaces=\"true\">notably Kenya<\/span><span data-preserver-spaces=\"true\">, have raised concerns about privacy, security, and financial implications, with Kenya even suspending Worldcoin\u2019s enrollment.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Back in August, reports surfaced in Nigeria that Nairobi police, in collaboration with officials from various agencies, had\u00a0<\/span><span data-preserver-spaces=\"true\">conducted a raid<\/span><span data-preserver-spaces=\"true\">\u00a0on a Worldcoin warehouse in the capital city of Kenya.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At the time, the country said it aimed to thoroughly investigate the legality of Worldcoin\u2019s activities, safeguarding the data collected and its proposed utilization.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Similarly, the Argentine Agency for Access to Public Information (AAIP) has launched a probe into Worldcoin to determine the legality of its data collection practices within the South American nation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Despite these challenges, Worldcoin officially launched out of beta in July 2023.\u00a0<\/span><\/p>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/sam-altmans-departure-from-openai-triggers-a-sharp-decline-in-worldcoins-value-whats-going-on.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: A screenshot, worldcoin.org The recent announcement of Sam Altman\u2018s departure from OpenAI has triggered a sharp decline in the value of Worldcoin\u2019s WLD token.\u00a0 At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from CoinGecko. The drop marks a 42% decrease [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[35],"tags":[],"class_list":{"0":"post-48626","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin&#039;s Value | Prosfunds<\/title>\n<meta name=\"description\" content=\"Source: A screenshot, worldcoin.org The recent announcement of Sam Altman\u2018s departure from OpenAI has triggered a sharp decline in the value of\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prosfunds.com\/?p=48626\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin&#039;s Value | Prosfunds\" \/>\n<meta property=\"og:description\" content=\"Source: A screenshot, worldcoin.org The recent announcement of Sam Altman\u2018s departure from OpenAI has triggered a sharp decline in the value of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prosfunds.com\/?p=48626\" \/>\n<meta property=\"og:site_name\" content=\"Prosfunds\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-18T09:57:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-18T09:57:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/11\/1700289624-screenshot-2022-03-23-at-___media_library_original_767_512.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"767\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/prosfunds.com\/?p=48626#article\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/?p=48626\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\"},\"headline\":\"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin&#8217;s Value\",\"datePublished\":\"2023-11-18T09:57:41+00:00\",\"dateModified\":\"2023-11-18T09:57:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/prosfunds.com\/?p=48626\"},\"wordCount\":497,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"articleSection\":[\"Crypto\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/prosfunds.com\/?p=48626#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/prosfunds.com\/?p=48626\",\"url\":\"https:\/\/prosfunds.com\/?p=48626\",\"name\":\"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin's Value | Prosfunds\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/#website\"},\"datePublished\":\"2023-11-18T09:57:41+00:00\",\"dateModified\":\"2023-11-18T09:57:42+00:00\",\"description\":\"Source: A screenshot, worldcoin.org The recent announcement of Sam Altman\u2018s departure from OpenAI has triggered a sharp decline in the value of\",\"breadcrumb\":{\"@id\":\"https:\/\/prosfunds.com\/?p=48626#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/prosfunds.com\/?p=48626\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/prosfunds.com\/?p=48626#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/prosfunds.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin&#8217;s Value\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/prosfunds.com\/#website\",\"url\":\"https:\/\/prosfunds.com\/\",\"name\":\"Funding Factories\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/prosfunds.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/prosfunds.com\/#organization\",\"name\":\"Funding Factories\",\"url\":\"https:\/\/prosfunds.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"width\":780,\"height\":140,\"caption\":\"Funding Factories\"},\"image\":{\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/prosfunds.com\"],\"url\":\"https:\/\/prosfunds.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin's Value | Prosfunds","description":"Source: A screenshot, worldcoin.org The recent announcement of Sam Altman\u2018s departure from OpenAI has triggered a sharp decline in the value of","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prosfunds.com\/?p=48626","og_locale":"en_US","og_type":"article","og_title":"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin's Value | Prosfunds","og_description":"Source: A screenshot, worldcoin.org The recent announcement of Sam Altman\u2018s departure from OpenAI has triggered a sharp decline in the value of","og_url":"https:\/\/prosfunds.com\/?p=48626","og_site_name":"Prosfunds","article_published_time":"2023-11-18T09:57:41+00:00","article_modified_time":"2023-11-18T09:57:42+00:00","og_image":[{"width":767,"height":512,"url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/11\/1700289624-screenshot-2022-03-23-at-___media_library_original_767_512.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/prosfunds.com\/?p=48626#article","isPartOf":{"@id":"https:\/\/prosfunds.com\/?p=48626"},"author":{"name":"News Room","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6"},"headline":"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin&#8217;s Value","datePublished":"2023-11-18T09:57:41+00:00","dateModified":"2023-11-18T09:57:42+00:00","mainEntityOfPage":{"@id":"https:\/\/prosfunds.com\/?p=48626"},"wordCount":497,"commentCount":0,"publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"articleSection":["Crypto"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/prosfunds.com\/?p=48626#respond"]}]},{"@type":"WebPage","@id":"https:\/\/prosfunds.com\/?p=48626","url":"https:\/\/prosfunds.com\/?p=48626","name":"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin's Value | Prosfunds","isPartOf":{"@id":"https:\/\/prosfunds.com\/#website"},"datePublished":"2023-11-18T09:57:41+00:00","dateModified":"2023-11-18T09:57:42+00:00","description":"Source: A screenshot, worldcoin.org The recent announcement of Sam Altman\u2018s departure from OpenAI has triggered a sharp decline in the value of","breadcrumb":{"@id":"https:\/\/prosfunds.com\/?p=48626#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prosfunds.com\/?p=48626"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/prosfunds.com\/?p=48626#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prosfunds.com\/"},{"@type":"ListItem","position":2,"name":"Sam Altman\u2019s Departure from OpenAI Triggers a Sharp Decline in Worldcoin&#8217;s Value"}]},{"@type":"WebSite","@id":"https:\/\/prosfunds.com\/#website","url":"https:\/\/prosfunds.com\/","name":"Funding Factories","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prosfunds.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/prosfunds.com\/#organization","name":"Funding Factories","url":"https:\/\/prosfunds.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","width":780,"height":140,"caption":"Funding Factories"},"image":{"@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","caption":"News Room"},"sameAs":["https:\/\/prosfunds.com"],"url":"https:\/\/prosfunds.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/48626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48626"}],"version-history":[{"count":1,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/48626\/revisions"}],"predecessor-version":[{"id":48628,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/48626\/revisions\/48628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/media\/48627"}],"wp:attachment":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}