OpenAI CEO's Worldcoin Crypto Project Raises $115M
Worldcoin, a crypto coin project co-founded by OpenAI CEO Sam Altman, has raised $115 million in Series C funding for its "World ID" system that involves scanning users' eyeballs to establish their unique personhood. The funding was led by Blockchain Capital, Andreessen Horowitz's crypto fund, Bain Capital Crypto, and Distributed Global. Worldcoin's World ID system aims to become the world's largest and most inclusive identity and financial network, built around the Worldcoin token. The company offers a World app for iOS and Android, which allows users to set up their Worldcoin account and access a digital wallet connected to various digital and traditional currencies.
