Tools for Humanity
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Grayscale Seeks SEC Approval for America’s First Worldcoin ETF
Grayscale has submitted an S-1 registration statement to the SEC for the first US exchange-traded fund backed by Worldcoin's WLD token, aiming to trade on Nasdaq under the ticker GWLD. The proposed passive fund would directly hold WLD and track its price via the CoinDesk Worldcoin Benchmark Rate, minus expenses. While details like management fees are still to be determined, the filing marks a significant step in Grayscale's expansion into single-asset cryptocurrency funds.
Sam Altman's 'human verification' company thinks its eye-scanning orbs could solve ticket scalping
Tools for Humanity, a company founded by Sam Altman, is introducing 'Concert Kit' which uses its World ID eye-scanning verification system to combat ticket scalping. The system creates a 'proof of human' signature to allow artists to designate tickets for verified users, aiming to prevent bots from acquiring them. This initiative is part of broader updates to World ID, which is also being integrated into platforms like Tinder, Zoom, and DocuSign for various verification purposes.