OpenAL Raises $100 Million in the Worldcoin Crypto Project

Sam Altman, who is the SEO of the OpenAL IT organization, began negotiations to receive a $100 million infusion of funds. They are needed for the Worldcoin crypto project. This information was published by the Financial Times with reference to its sources.

Learn more about investments and the project

According to the publication, possible investors will be venture capital organizations that were engaged in financing the crypto project.

Two years ago, when there was a $25 million investment round, large organizations such as Coinbase Ventures, Andreessen Horowitz, etc. invested in the crypto project.

According to insiders, in 2022 the project was able to sell coins worth $ 100 million. Along with this, the total stock of the company is about $ 3 billion. Along with this, a bear market and the bankruptcy of large organizations could cause a deterioration in the financial condition of the project.

The source also drew attention to the fact that despite the crypto-winter, the crypto project was able to get a huge amount of infusions of funds.

Note that the key product of Worldcoin is the World ID algorithm. It is based on a zero-disclosure proof. Thanks to this, users can verify their account using biometric data. At the same time, you will not have to disclose anonymity and confidentiality.

The GRIN4 ecosystem

We have created a bot to make money on crypto exchanges. You set the settings, and he trades 24/7. Manage all assets from one service: with your own hands or with the help of algorithmic trading. Anonymously. Simply. Stress-free.