18 million people scanned their eyeballs. Not a single bank bought in.
10/18, Money20/20 in Las Vegas
Sam Altman's World unveiled a banking version of World ID
The three-part package: an identity wallet, Zoom video deepfake detection, and AI agent authorization
The Zoom feature, tested for six months, is now officially live
Deloitte's numbers are striking: AI fraud losses in the U.S. are projected to hit $40 billion in 2027, up from just $12.3 billion in 2023
Banks are genuinely concerned about deepfake fraud. The demand is real.
But the firms named in the announcement, including Bain Capital and VanEck, are all just "exploring"
Not a single bank that's actually integrated it was named
The price isn't buying it either:
$WLD is hovering around $0.49 today, up about 1% over 24 hours. The market barely reacted.
The story is being pitched to banks, but the money isn't in the market
Without banks on board, no matter how many people verify, it's just a number
Just my personal opinion. This is not investment advice.
#WorldID $WLD