The Chief Executive Officer of OpenAI, Sam Altman, has raised $115 million in a Series C funding round for a cryptocurrency project.
Blockchain Capital led the funding round and attracted the participation of other investors such as a16z, Bain Capital Crypto, and Distributed Global.Worldcoin is a decentralized open-source protocol that was co-founded by the CEO of OpenAI.
The project is currently in the beta phase and being created around the Worldcoin token and the decentralized World ID.The Worldcoin project has already attracted almost two million people, showing that it is fast attracting interest across the cryptocurrency industry.
The capital raised by the company in the recent funding round will go towards boosting research, growth, and development efforts for the Worldcoin project and the World App.
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