Dan Ives Draws Parallels Between Sam Altman's World Network and Early Tesla, Nvidia, Palantir: 'A Convergence of AI and Crypto'

Dan Ives on World Network's Potential: Wall Street tech analyst Dan Ives believes the World Network (WLD) could become a leading authentication technology in the AI revolution, viewing it as an infrastructure tech play rather than a cryptocurrency. He predicts it will serve as the "single sign-on for AI."

Privacy and Data Control: Ives defends World Network against privacy concerns, stating it is a privacy-driven solution that allows users to control their data through a decentralized system, where iris scans are temporarily stored and then transferred to users' devices.

Investment and Market Performance: Eightco Holdings, where Ives is chairman, has adopted WLD as its primary reserve asset, and Bitmine Immersion Technologies has invested $20 million in the company. Despite a recent dip in share prices, WLD has seen a 37% increase over the past month.

Regulatory Challenges: The identity verification project, which captures irises to create digital IDs, faces personal data privacy concerns and is currently banned in Hong Kong, Kenya, and Spain.