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

Crypto project Worldcoin has reportedly raised $115 million in a Series C round led by Blockchain Capital. Funds will be used to support its decentralized World ID and the recently released crypto wallet World App.

Co-founded by OpenAI’s CEO Sam Altman and built by developers of Tools for Humanity, Worldcoin aims to tackle problems stemming from the growing complexity of artificial intelligence, such as proof of personhood in the digital age. Venture capital firms Andreessen Horowitz, Bain Capital Crypto, and Distributed Global are also investors in the round.

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