Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Worldcoin [WLD] fell by over 4% just in the last 24 hours as reports of Elon Musk suing the OpenAI coin came to light.

The lawsuit was filed on the 29th of February, alleging that the platform has “deviated” away from its original mission of developing artificial intelligence for the benefit of humanity and not for profit.

Musk claims that there has been a breach of contract stating that Altman and his co-dounder Greg Brockman approached him to establish an open-source, non-profit company initially.

The project has received complaints about data privacy from regulators in various countries across the world. The UK, France, Germany, Kenya, and Argentina are taking action against the blockchain project.

However, before I dive deeper into what ChatGPT thinks, let me quickly give a rundown of what Worldcoin entails.

Although Worldcoin was recently launched, the project was in development for three years. But what exactly is so important that it took three solid years to go public?

Well, you’d hardly find a project in crypto with an eye for preserving digital identity while solving identity-based challenges. But that is what Worldcoin has come to add to the ever-growing crypto industry.

Additionally, Worldcoin uses an eye-scanning technology called the “Orb” to differentiate between a human and a bot. With its WLD token, users can make payments, transfers, and purchases.

Does ChatGPT support its sister project?

Inter

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Author: AMBCrypto Team

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