LIDO CO-FOUNDERS SAID TO PLOT COMPETITOR TO SAM ALTMAN'S WORLD NETWORK

Summary from the TLDR Crypto newsletter

The co-founders of Lido are developing “Y,” a blockchain-based digital identity platform that will compete with Sam Altman's World Network by using social and blockchain activity for authentication instead of controversial biometric scans. Y hopes to address privacy and fraud concerns, positioning itself as a more secure and decentralized alternative while leveraging its creators' influence in the crypto space to challenge World's established user base and connections to OpenAI.