As per sources, the fresh funds will help Worldcoin scale the project to other parts of the world.
Worldcoin has assured that it will take the utmost care with securing user privacy in exchange for their biometrics.
Eye scanning cryptocurrency project Worldcoin is getting major prominence in a very short time. Launched last year in October 2021, Worldcoin is preparing for another $100 million fundraise which could push its valuation to $3 billion.
Citing anonymous sources, The Information reported that the funding round involves top venture capital firms like Andreessen Horowitz (a16z) and Khosla Ventures. The project led by Sam Altman came to life last October 2021 with its Series A funding round led by a16z and other players such as Coinbase Ventures, Digital Currency Group, and Multicoin.
Some of the industry’s famous personalities like LinkedIn co-founder Reid Hoffman and FTX founder Sam Bankman-Fried have also participated in the funding.
Understanding in simple terms, the W
