this post was submitted on 05 Aug 2023
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Technology
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@morry040
@jarfil
Worldcoin's latest funding round was back in the fall, it raised USD 115m from the venture fund Blockchain Capital as lead investor, other investors included a16z crypto, Bain Capital Crypto, and Distributed Global.
In 2021 and 2022, there have been at least 3 other funding rounds with a total volume of at least USD 215m.
Those are investments in the "project", meaning the marketing with the hardware, websites, more marketing, and so on.
The WLD cryptocurrency had a $240M ICO in July 2023... which is cute, but means pretty much nothing, since there have been plenty of cryptocoins (shitcoins) that pocketed the ICO and disappeared, leaving the coin at $0.