Blockchain Capital Leads $115M Fundraise for Sam Altman's Worldcoin Crypto Project

Worldcoin, a decentralized open source protocol co-founded by OpenAI CEO Sam Altman, has raised $115 million in a Series C funding round led by Blockchain Capital with participation from a16z, Bain Capital Crypto and Distributed Global. The capital will help accelerate research and development and growth efforts on the Worldcoin project and the World App, the first crypto wallet for the Worldcoin ecosystem. Worldcoin has attracted controversy with its use of a biometric imaging device called the Orb, which verifies a person is a unique person and not a bot.