This Crypto Profits From Your Fear

TL;DR

• $WLD, the crypto designed to digitally prove a person’s humanity, has grown ~$600M since OpenAI announced its (scarily accurate) text-to-video generator.

Full Story

We know, we know — weird headline to put under ‘💅 This is cool.‘

But (for now) we don’t have a ‘💀 This is dystopian‘ section, so stories like this are going to have to live here in the meantime…

ICYMI last week: OpenAI created Sora, “the ChatGPT of video” (text goes in → video comes out).

And turns out, the mix of excitement and fear it drummed up online was not only palpable, but profitable.

Here’s how:

Remember Worldcoin?

It’s the cryptocurrency designed to weed out bots and prove a person’s humanity online, by requiring a one-time iris scan from a sci-fi lookin’ orb.

(No, seriously 👇).

Well — because of this dystopian onboarding process, much of the crypto community has rejected Worldcoin.

That was; up until now…

It appears investors’ fears of sharing their biological data with Worldcoin is far outweighed by that of Sora’s text-to-video functionality (and its capacity for digital imitation).

As a result, WLD’s market cap has grown ~$600M, briefly cracking the $1B mark — all in the past week since Sora was announced.

What’s spookier?

Both the problem (Sora) and the solution (Worldcoin) are being developed by the same dude.

Yikes!