The crypto startup Worldcoin of the millionaire Sam Altman has raised $25 million
According to the results of the financing round, the project is valued at $1 billion
23.10.2021 - 09:05
520
1 min
0
.
What's new? The Worldcoin startup of Sam Altman, ex-president of the Y Combinator venture fund, has raised $25 million during a funding round. The project is valued at $1 billion, informs CoinDesk.
Material on the CoinDesk website
Who participated in the project’s financing? The round was led by the Andreessen Horowitz venture fund. It was also attended by Coinbase Ventures, Digital Currency Group and a group of business angels, including FTX founder Sam Bankman-Fried and LinkedIn co-founder Reid Hoffman.
What is known about the project? WorldCoin collects biometric data of customers. The idea of the startup is based on the distribution of free cryptocurrency to everyone. To combat spam and bots, the organization has developed a device called Orb. It scans the retina of the eye, converting the result into a short numeric code. It is applied to register the user and issue free virtual currencies.
The official cryptocurrency of the startup was presented on October 21. It is designed as a second-level solution for the Ethereum blockchain. The token is not yet listed on exchanges: it has been tested.
What are the WorldCoin's plans? The project has already registered more than 100,000 users. It is assumed that by 2023, the startup's customer base will increase to 1 billion.
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$98 083
BTC
+0.8%
-
Ethereum
$3 317.8
ETH
-0.85%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.44
XRP
+27.34%
-
Dogecoin
$0.401002
DOGE
+3.25%
-
Cardano
$0.898825
ADA
+12.71%
-
Bitcoin Cash
$480.85
BCH
-2.56%
-
Polkadot
$6.1
DOT
+2.7%
-
Stellar XLM
$0.291802
XLM
+19.94%
-
Litecoin
$90.34
LTC
+0.44%