• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The Worldcoin team strives to attract investments

The Worldcoin team strives to attract investments

user avatar

by Max Nevskyi

2 years ago


The company Tools For Humanity is actively seeking financing. The main developer of Worldcoin, a cryptocurrency project in partnership with Sam Altman, is in talks with various companies to attract investments into the project. The financing is planned to be carried out through the sale of WLD tokens.

Over the past few weeks, TFH has been actively engaging with investors regarding a possible over-the-counter sale of cryptocurrency WLD. According to information from two sources familiar with the situation, the company intends to raise up to $50 million, offering tokens at a price reaching $1, which is significantly below the current market value of around $2.5. The current terms of the deal have not been disclosed yet.

According to another informant with connections in this matter, the investment bank FT Partners from San Francisco, specializing in financial technology, is being considered as one of the potential participants in this deal. Another source familiar with the company's internal processes emphasized that demand from potential investors has been high since the token's launch and continues to grow.

Representatives of Worldcoin declined to comment. This crypto project is focused on identification and uses spherical devices to scan the iris of the eye to help people verify their identity online. Co-founder Sam Altman is also the CEO of OpenAI, the company that created ChatGPT.

The WLD token is actively used as an incentive to attract users to the protocol. A distinctive feature is rewarding users for scanning their irises. The official launch of this crypto asset took place on July 24, 2023, and currently, the project has more than 2.5 million participants. The project has faced criticism from many experts, including the founder of Ethereum, Vitalik Buterin. He expressed concerns about the danger and risks of this technology.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

XRP: Mathematical Model Suggests $100 by 2036

chest

Analysis indicates that with a steady 3% monthly growth, XRP could reach $100 by 2036.

user avatarGiorgi Kostiuk

Israel and Iran: Potential Military Action and Its Consequences

chest

Recent Israeli statements about potential military action against Iran highlight increasing tensions in the region.

user avatarGiorgi Kostiuk

Nicholas Truglia Receives 12-Year Sentence for Refusal to Repay $20 Million

chest

Nicholas Truglia was sentenced to 12 years for refusing to repay over $20 million acquired from SIM-swapping scheme.

user avatarGiorgi Kostiuk

Robinhood Offers Ethereum and Solana Staking for US Users

chest

Robinhood now provides ETH and SOL staking services for American users starting from just $1.

user avatarGiorgi Kostiuk

Keyrock Report Shows Minimal Influence of Corporate Treasuries on Bitcoin Price

chest

A new study reveals that corporate treasuries do not significantly affect Bitcoin price movements.

user avatarGiorgi Kostiuk

Cryptocurrency Market: Potential Threats and Turns

chest

Recent shifts in the cryptocurrency market may herald possible downturns due to short position liquidations.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.