Sam Altman’s Blockchain Project project has raised $ 135 million in a private token for WLD token.
The sale was to be ventilation giants A16Z and Capital Crypto bath and will be used to finance the expansion of the network, shared the team.
WLD is 14% higher on news.
The funding comes as the group behind the blockchain announced that the integrated project features as well as the WLD token have become available earlier this month for American users.
“To meet the growing demand for world identifies Verified and support the expansion of the global network in the United States and beyond, World Assets, Ltd. (A subsidiary of the World Foundation) sold $ 135 million in market prices at two of the first donors of the project, Andreessen Horowitz and Bain Capital Crypto. The WLD circulation offer has increased accordingly, ”wrote the team in a blog.
The WLD token was created during the launch in July 2023, and it currently has a market capitalization of $ 1.87 billion and increased by 55% last month, according to CoinmarketCap. WLD, however, is down approximately 75% of its top of all time.
Until earlier this month, American users were unable to use the main product in the world, their orbs, a ball-shaped device that scans a person’s eyeballs to confirm their identity. Once they have scanned, users can access the global application and receive an Air Card from the WLD token, which can then be used in the MiniAPPS ecosystem.
During the announcement earlier this month, Altman shared that the project hoped to have to give 180 million Americans access to the Orb, more than half of the country’s population, by the end of the year.
Read more: The World Crypto project by Sam Altman is launching
