Max Novendstern Biography
Max Novendstern is an American entrepreneur known for being a co-founder and former CEO of Worldcoin, an iris biometric cryptocurrency project developed by San Francisco and Berlin-based Tools for Humanity.
Max Novendstern Age
His age is not known. He was born in the United States of America.
Max Novendstern Wife
Mr Blania who is also the Chief Executive Officer (CEO) of Tools for Humanity is a very private person when it comes to his personal life. It is not known if he is married, single, or dating. We are still investigating his marital status and will update you as soon as we find relevant information.
Max Novendstern Net Worth
His estimated net worth stands at an impressive $250 million.
Max Novendstern Worldcoin
According to sources, regulatory papers, and an investor presentation seen by TechCrunch, Novendstern, co-founder and former CEO of Worldcoin, is working on a new company. A Worldcoin representative acknowledged that Novendstern left the company last year, which had not previously been revealed, but that he continues to advise the company. Novendstern did not respond to a tweet sent to him on Wednesday.
According to the investor deck, his new company, Mana, is creating a “AI venture capitalist that will run autonomously on-chain” or “Blackrock for the new economy.” According to people familiar with the subject, the startup is working with Tribe Capital, Multicoin Capital, Dragonfly, and Variant to raise financing.
Worldcoin, an Ethereum-based Layer 2 cryptocurrency, intends to build a unified and egalitarian global economy powered by the internet economy. The token, which was issued in October 2021, is worth $3 billion. However, according to an MIT Technology Review study, Worldcoin is exploiting students and targeting low-income neighborhoods. Hackers obtained login credentials from Worldcoin operators’ personal devices, including their passwords to the Worldcoin operator app, according to TechCrunch in May 2023. According to a Worldcoin spokesman, no personal user data was compromised because the software does not access user data.
$115 million was announced in May 2023 for bot detection, research, and development. Worldcoin became live on July 24, 2023, with 11 orb sites in the United States and ambitions for 35 cities in 20 nations. Kenya banned enrollment in August 2023 owing to security, privacy, and budgetary issues. The Kenyan Office of the Data Protection Commissioner earlier ordered Worldcoin to stop collecting personal data, but it did not comply.
