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Dan Ives Begins Global Tour To Promote World Network — Meanwhile, Eightco Shares Rise After-Hours - NVIDIA (NASDAQ:NVDA)
Benzinga· 2025-10-08 04:15
Core Insights - Dan Ives, Chairman of Eightco Holdings Inc. (NASDAQ:ORBS), is promoting the identity verification project through a global tour, starting with a visit to the World Network flagship store in San Francisco [1][2] - Ives aims to acquire 800 million WLD tokens and verify 8 billion humans as part of Eightco's "Power of 8" initiative [3][4] - The projected valuation for Eightco is $8 billion, based on a target price of $10 per WLD token, while the company's current market capitalization is $2.16 billion [4] Company Developments - Eightco shares experienced a rise of 1.68% in after-hours trading, closing at $11.31 during the regular session [5] - The World project, co-founded by OpenAI CEO Sam Altman, focuses on identity verification through iris scanning technology, which is seen as a future standard for distinguishing humans from bots [4][5] Market Performance - At the time of reporting, WLD tokens were trading at $1.19, reflecting a decrease of 9.31% in the last 24 hours [5] - The stock of Eightco is ranked strongest in the Value category according to Benzinga's proprietary Edge Rankings [6]
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]