Close Menu
Crypto Chain Post
    Trending

    Ethereum Long-Term Holders are Selling – Is ETH About to Drop?

    June 21, 2025

    UK Trails EU, US in Crypto Regulation, Think Tank Warns

    June 21, 2025

    “HODL BTC, ETH,” Fundstrat’s Tom Lee Urges, Here’s Why

    June 21, 2025

    Unit Zero Integrates Asterizm for Seamless Cross-Chain Messaging

    June 21, 2025

    Crescendo Hard Fork Leads Major Updates

    June 21, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Saturday, June 21
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » This Altcoin-Related Company Could Sign a Major Deal with Reddit, One of the Largest Social Media Platforms
    Analysis

    This Altcoin-Related Company Could Sign a Major Deal with Reddit, One of the Largest Social Media Platforms

    News RoomBy News RoomJune 21, 2025No Comments2 Mins Read

    Reddit, one of the largest social media platforms in the world, may open a new page in its user verification processes.

    It has emerged that the company is considering using the eye-scan-based World ID system developed by Tools for Humanity, co-founded by OpenAI CEO Sam Altman. This is also a system that is linked to the World (WLD) altcoin.

    The ongoing talks between Reddit and Tools for Humanity could pave the way for users on the platform to both remain anonymous and prove they are human, according to two sources familiar with the matter. The talks have gained momentum amid the rise of fake content generated by artificial intelligence online and the emergence of age-verification laws for social media in several countries.

    Reddit CEO Steve Huffman said last month that due to AI-based threats and age verification regulations, the company will have to determine whether users are human and of a certain age. Huffman said that they will work with third-party providers to avoid collecting user data: “We will work to preserve both the humanity and anonymity of Reddit.”

    The World ID is created with unique biometric data obtained from a user’s iris. This data is fragmented and stored on secret servers in different parts of the world. The system allows users to prove that they are a unique individual without revealing their identity. The identity verification process is completed with a World ID stored encrypted on the user’s phone. As a reward, users are given WLD tokens.

    *This is not investment advice.

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    Analyst Warns Of XRP Trap — „You’re Being Played”

    June 21, 2025

    Connecticut teen admits role in $245 million Bitcoin heist

    June 21, 2025

    Dogecoin Breaks Free—Could Soar 60%, Analyst Says

    June 21, 2025

    Major Scam Involving 32 Different Altcoins Uncovered – Significant Losses Reported

    June 21, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    UK Trails EU, US in Crypto Regulation, Think Tank Warns

    June 21, 2025

    “HODL BTC, ETH,” Fundstrat’s Tom Lee Urges, Here’s Why

    June 21, 2025

    Unit Zero Integrates Asterizm for Seamless Cross-Chain Messaging

    June 21, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.