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$52.5M is the amount World raised through a crypto sale, the newest capital infusion for Sam Altman's biometric identity startup.
The project scans human irises and converts the resulting data into unique digital identifiers. World has been characterized as a side project for Altman. World's core mechanism World's product is the iris scan.
The startup scans eyeballs and issues each participant a unique digital identifier based on that biometric data.
The system is built on the premise that a scan of an iris produces a record that cannot be duplicated or shared, making it a potential foundation for distinguishing human users from automated ones online.
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