Sam Altman’s Worldcoin secures $115M for decentralized ID

Crypto challenge Worldcoin has reportedly raised $115 million in a Collection C spherical led by Blockchain Capital. Funds will probably be used to help its decentralized World ID and not too long ago launched crypto pockets, World App.

Co-founded by OpenAI’s CEO Sam Altman and constructed by builders of Instruments for Humanity, Worldcoin goals to deal with issues stemming from the rising complexity of synthetic intelligence, equivalent to proof of personhood, within the digital age. Enterprise capital companies Andreessen Horowitz, Bain Capital Crypto, and Distributed World are additionally buyers within the spherical.

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