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– What to know: World’s WLD token quotes soared on Wednesday after Forbes published information that Sam Altman’s OpenAI is considering creating a biometric social network to counter Internet bots.

The report indicates that OpenAI is exploring the use of Apple’s Face ID or the World Orb iris-scanning device to authenticate users, although there is no official alliance between OpenAI and World.

World Network, which has raised $135 million and claims to verify millions of users, offers its World ID system as an online identity verification solution with a focus on privacy, despite regulatory scrutiny in a number of countries such as Kenya and the UK.

The value of World Network’s WLD token (formerly known as Worldcoin) added more than 27% on Wednesday after a Forbes report linked the high-profile crypto project to OpenAI’s broader initiatives to combat bots online.

OpenAI’s CEO, Sam Altman, aims to create a “biometric social network” that would help online venues authenticate users and screen out AI-generated content, according to Forbes, citing knowledgeable sources. Sources close to the development told Forbes that the OpenAI team is thinking of using either Apple’s Face ID or World Orb, which scans the iris of the eye to provide unique identification.

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World is a crypto project co-founded by OpenAI CEO Sam Altman. Last year, it raised $135 million in token sales to investors such as a16z and Bain Capital Crypto. At the heart of the project is World ID, a decentralized privacy-focused identification method that uses Orb, a specially designed biometric device that scans users’ irises to generate unique identifiers according to privacy regulations.

Soon after the news broke, the token’s value rose, briefly outperforming most leading cryptocurrencies, though it did not confirm any formal collaboration between OpenAI and World.

Since its launch, the World Wide Web has attracted both great interest and skepticism. The project claims to verify millions of people around the world, but has also faced opposition from regulatory bodies, including a temporary suspension in Kenya and inquiries from the UK about the way it handles personal data.