In the early hours on Monday, Sam Altman, CEO of OpenAI and the driving force behind AI models like ChatGPT, launched his latest venture Worldcoin (WLD).
With OpenAI going from a non-profit private organization, to a for-profit private organization in 2019, some questions bear asking: What is Worldcoin? Is it safe? What is it for? Who is it for?
Some of these answers are going to be in Worldcoin's whitepaper its user guide and we'll compare it to crypto stalwarts like Bitcoin BTC/USD and Ethereum ETH/USD to give you a better idea of exactly what Altman's new coin is all about.
Welcome, Worldcoin: The Worldcoin project aims to solve the global-scale challenge of aligning economic incentives and human identity. A small device, referred to as the Orb," is used to scan people's eyes, generating a unique digital identity for each individual, known as a World ID.
A World ID provides proof of personhood a tool considered essential as AI tech blurs the lines between human and machine creations.
In the words of Altman himself, the journey will be challenging and the outcome is uncertain, yet the growing interest in AI might be a favorable tailwind for the project.
Worldcoin's mission, as mentioned in the whitepaper, is to create a globally-inclusive identity and financial network, increasing economic opportunity and paving the way for global democratic processes and potential AI-funded universal basic income (UBI).
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Comparing Worldcoin Its Predecessors: Worldcoin, much like Bitcoin and Ethereum, is a digital asset powered by blockchain technology, but the similarities largely end there.
Where Bitcoin was primarily designed as a peer-to-peer electronic cash system, and Ethereum was conceived to facilitate decentralized applications and smart contracts, Worldcoin sets its sights on a more ambitious goal: Creating a universally accessible proof of personhood that differentiates humans from AI, while also launching a global financial network.
While Bitcoin is issued to secure the Bitcoin network, and Ethereum facilitates the operation of DApps and smart contracts, Worldcoin is issued with the express intent to grow the Worldcoin network, with security inherited from Ethereum. Its novel biometric approach is aimed at providing a reliable way to issue a global proof of personhood in an era of increasingly powerful AI.
Worldcoin Launches With Imperfections: Despite its promising mission and notable backing, Worldcoins journey hasnt been without hiccups. As the project opened signups, it faced criticism for allegedly deceptive practices in countries including Indonesia, Ghana, and Chile, according to a Monday Bloomberg report.
More to that, the current global regulatory climate for cryptocurrencies, characterized by crackdowns and lawsuits, presents a steep challenge for the nascent project.
As said in the whitepaper, Worldcoin consists of a privacy-preserving digital identity network (World ID) built on proof of personhood and a digital currency. Every human is eligible for a share of Worldcoin simply by being human.
The network has been launched on a blockchain called OP Mainnet, and the initial distribution of the Worldcoin crypto token is currently underway.
Projects Potential: Despite early challenges and ongoing uncertainties, Worldcoin represents a bold experiment in the intersection of AI, identity, and finance. The project has considerable potential, promising to increase economic opportunity, democratize global processes, and even create a potential path to AI-funded UBI.
Despite the long and potentially challenging path towards Altmans ambitious targets, especially considering regulatory hurdles, its worth noting the significant strides made by Altman and OpenAI over the past year. Given the impact AI has had on equity markets, Worldcoin is a project worth keeping an eye on.
WLD Price action: Worldcoin is trading at $2.26 per token, according to data from CoinMarketCap.
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Police sources have told NBC News the identity of a man detained as a “person of interest” after a fatal shooting on the campus of Brown University in Providence, Rhode Island.
Three senior law enforcement officials, briefed on the investigation, told Sky News’s US partner that the suspect is 24-year-old Benjamin Erickson, who had served several years in the US army.
Two people were killed and nine others, all or nearly all of whom are also believed to be students, were injured in the attack at around 4pm (9pm UK time) on Saturday.
Sources told NBC that authorities are looking into what might be an extensive mental health history for Mr Erickson. Any connection with Brown University is also being investigated.
FBI Director Kash Patel posted details of an arrest at a Hampton Inn hotel in Coventry, about 20 miles (32km) from Providence, early on Sunday, “based off a lead” from Providence police.
Image: An operation to arrest a ‘person of interest’ at a hotel in Coventry, Rhode Island. Pic: @FBIDirectorKash/X
Image: Police taping off hotel rooms following the arrest. Pic: AP
According to a statement provided to NBC News from army spokesperson, Lieutenant Colonel Ruth Castro: “Benjamin W Erickson was an Infantryman (11B) in the Regular Army from May 2021 to November 2024. He has no deployments and left the Army in the rank of specialist.”
Public records show he was living in Washington DC in 2024 and had also been resident in Wisconsin in 2020.
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Providence police chief Colonel Oscar Perez told reporters on Sunday that the investigation is “complex” and progressing “extremely fast”, but refused to elaborate.
The shooting happened inside a classroom on the first floor of the Barus & Holley engineering building, a seven-storey structure home to much of the university’s engineering and physics study and research.
Image: Part of the Brown University campus, the right side of the C-shaped block is the engineering building. Pic: Reuters
Brown University provost Frank Doyle confirmed that final exams were taking place in the engineering building when the gunman opened fire.
A police official told the AP news agency that the gunman fired more than 40 9mm rounds. A gun has not been recovered, but officers did seize two loaded 30-round magazines.
A video released by officials shows a suspect walking down a street away from the campus and turning a corner, dressed in dark, loose-fitting clothing.
Image: Pic: AP
Image: Pic: AP
Of those injured, eight people have been described as stable, although one remains critically ill. Another person has left hospital.
Providence mayor Brett Smiley said the order to shelter-in-place for nearby neighbourhoods had been lifted, but some streets remained shut as investigators work at the scene.
“The people of Providence should breathe a little easier this morning,” Mr Smiley added.
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1:17
‘Stay inside’ mayor warns after shooting
Access to parts of the campus remained restricted on Sunday as police maintained a security perimeter around Minden Hall and nearby apartment buildings.
The site has hundreds of buildings, including lecture halls, laboratories and dorms.
Brown is a private university with roughly 7,300 undergraduate students and more than 3,000 graduate students.
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Student Chiang-Heng Chien said he was working in one of the labs with three other students when they received a notification about a shooting nearby.
“We decided to turn the light off and close all the doors and hide under our desks, and wait for the next notification after the shooting,” he told reporters.
The students hid under the desks for about two hours.
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2:23
‘We hid under our desks for two hours’
“I was hoping that no one’s getting hurt and no one’s dead,” he said.
The students left the building when they received another notification, and security personnel moved in to search the facility.
Emma Ferraro, a chemical engineering student, was in the Barus & Holley lobby working on a final project when she heard loud popping sounds coming from the eastern side of the building.
For a moment, everyone paused and looked around, she recalled.
Once Ferraro realised the sounds were gunshots, she rushed to the door and ran to a nearby building, where she had been sheltering for the past few hours.
Image: Pic: AP
Image: Pic: AP
One person who was initially thought to be involved in the shooting was detained but was later determined to have no involvement.
President Donald Trump told reporters at the White House that he had been briefed on the situation, which he called “terrible”.
“All we can do right now is pray for the victims and for those that were very badly hurt,” he added.
A few weeks ago, we talked about some real-world numbers shared by Redditors who added a rooftop solar system to their homes. Not to be outdone, Electrek readers took to the comments to share their own real-world solar numbers. Here are some of the best!
That original post, which you can read here, was inspired by a Reddit user going by DontBuyBitcoin who shared a screenshot on r/Solar indicating that their newly-installed ~11.5 kW system produced over 1,700 kWh of electricity in October. “Pretty surprised by the production of the system I got,” writes DontBuyBitcoin. “11.48KW. I cant wait to see what JUNE-AUGUST [2026] going to look like 😍 I wish SolarEdge will make their app better looking with more functionality.”
Other Redditors were quick to share in the enthusiasm, but our Electrek readers weren’t going to be outdone, and shared their own results in the comments section.
I’ve got a 49 panel, 16.5 kW system just outside Austin, TX, and while it’s expensive ($320/mo), I produce much more power than I use each month. But with 2 EVs, a hot tub, and air conditioning in a Texas summer, I’m not mad I have all this. On a current sunny day, I’m producing about 65 kWh. I top out around 107 kWh on a long but somehow not hot day.l in late spring or early fall (whatever that means in Texas).
Another reader, Craig Morrow, had a much smaller system at “just” 6.5 kW compared to David’s 16.5 kW deal, but still put up some highly respectable numbers.
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My 6.5 kw PV generates from 16 kwh/day (winter) to 38 kwh/day (late spring). Between the efficiency of my house and my consumption habits, my usage averages 5-6 kwh per day. Went all-in on passive and active solar when I built the house ten years ago, an investment which has long since paid for itself with no heating or utility bills, plus having battery storage means no worries about power outages when the grid goes down. A great feeling to be energy independent!
Craig had the top comment with twenty upvotes, but he wasn’t the only reader to see some big efficiency gains with home solar. Several of you posted about the cost of your system, and when you’d begin to see an ROI with the savings you were seeing.
My ROI on a $42k system ($30k with the IRA tax credit) was calculated to be 15 years assuming a 4% yearly rate increase. Without the tax credit it would likely be 20+ years. It makes no sense financially. Interestingly, Europeans pay a lot less for similar size systems. Why is that?
Another commenter, Leonard Bates, was also seeing great returns – but took things a step further by doing some extra math to compare the cost of fueling up his car with gas vs. topping it off with electrons generated by his home solar system.
It is hard for the average Joe to understand electricity production numbers, so I have reduced our experience into dollars. We have a 8.8 kWh rooftop system and two EVs that (other than a few vacation trips a year) are charged at home. We are retired, so we can charge during the day. Bottom line, we saved over $4,000 by not buying gasoline last year (drove ~41,000 miles). Electric bills, with the load of the EVs, is basically a breakeven. The system cost us about $22,000, so a breakeven on the system of about six years and then free electricity for another 20, until the panels need to be replace. Plus we are “energy independent” for our cars. If there is turmoil in the Middle East, it doesn’t affect our pocket books.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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