Decentralized identity verification

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Dan Ives Announces International Tour To Promote World Network, Eightco Chair Targets $992 Million WLD Acquisition - NVIDIA (NASDAQ:NVDA), (OCTO)
Benzinga· 2025-10-01 05:05
Group 1 - Eightco Holdings Inc. plans to acquire 800 million World Network (WLD) tokens as part of its "Power of 8" initiative, which is currently valued at $992 million [1][2] - The World Network has added 1.9 million verified humans since launching its treasury strategy, bringing the total to 16.9 million, with a goal of authenticating 100 million within the next 12 months [3] - Ives describes the World project as a significant intersection of AI and crypto, emphasizing the potential of iris scanning technology for human identification [4][6] Group 2 - The World Network, co-founded by OpenAI CEO Sam Altman, is focused on identity verification through iris scanning, but faces privacy concerns that have led to bans in regions like Hong Kong, Kenya, and Spain [5] - Ives compares the potential of the World project to early-stage Tesla and NVIDIA, highlighting its privacy-driven approach where users control their data [6] - As of the latest data, WLD is trading at $1.24, having increased by 44% over the past month [6] Group 3 - Eightco shares experienced a 2.51% rise in after-hours trading following a regular session decline of 18.45% [7] - The company's total assets as of May 31, 2024, are reported at $23.55 million, with total liabilities at $6.89 million, resulting in stockholders' equity of $16.66 million [8]
Sam Altman-Founded Worldcoin Network Beats Bitcoin, Ethereum With 11% Rally Amid Visa Partnership Reports
Benzinga· 2025-03-25 04:01
Group 1 - World Network's WLD/USD experienced a significant price increase of over 11%, making it the fifth-most successful cryptocurrency in the last 24 hours, with a trading volume that nearly tripled to $234 million [1][4] - The price surge was attributed to speculation regarding a potential partnership with Visa Inc. to develop a stablecoin wallet, which would leverage Visa's extensive customer base [3] - In contrast, major cryptocurrencies like Bitcoin and Ethereum saw modest gains of 0.74% and 2.79%, respectively, during the same period [2] Group 2 - World Network's project involves collecting people's irises for digital identity verification, allowing users to receive free WLD tokens, although it has faced privacy concerns and has been banned in several regions including Hong Kong, Kenya, and Spain [4] - As of the latest data, WLD was trading at $0.9146, reflecting an 11.58% increase in the last 24 hours, but it has seen a year-to-date decline of 56% [4] - Visa's shares closed at $343.87, down 2.45% during the regular session, indicating a lack of growth momentum despite high trading activity [5]