Mined with CoinFund
There’s so much noise across the echo chamber of crypto culture. What’s something people aren’t talking enough about?
Mined with CoinFund is a weekly show that explores the unearthed narratives within the crypto space. As a team of early stage investors and operators, our business is built on idea-spotting: catching a glimmer of one intriguing idea that could become a market-shaping opportunity.
Mining is a cryptographic process, but in the physical world, it is digging through boulders to find gems. We aim to uncover unpopular truths and unspoken perspectives that deserve to be debated.
Mined with CoinFund
The New World Needs Proof of Personhood
Since 2020, CoinFund’s investment thesis in World – formerly Worldcoin – has been driven by the idea that biometric proof of personhood is critical for identity verification.
While World was met with criticism in the summer of 2023 for its iris-scanning orbs, today, it’s become clear that amid the rapid expansion of AI, identifying who’s human and who’s not will play an important role in payments, social media, elections, and more.
Alex Blania, CEO of Tools for Humanity – the company behind World – sat down with CoinFund CEO Jake Brukhman to discuss World’s approach to proof of personhood, its emerging ecosystem of projects, and why identity verification is an urgent problem to address. They discuss:
- From Worldcoin to World (2:45)
- Building on World Chain (7:36)
- Distributing identity (24:08)
- Why proof of personhood (28:55)
- The underlying rails for adoption (41:58)
Tune into the latest episode of Mined with CoinFund, available on YouTube.