Original author: 0xAlpha

Original editor: GaryMa Wu talks about blockchain

Recently, we watched the "movie" "The Master of AI," a three-part drama produced by Silicon Valley's big VCs and tech giants with more than $10 billion invested, including "The Master of AI," "The Two Stars," The Road” and three episodes of “The Return of the King.” Many people applauded Sam Altman's return to the "throne", and some even compared it to Steve Jobs' return to Apple.

However, the two are simply not comparable. Masters of AI is a completely different story, one about a battle to choose between two paths: to pursue profit, or not to pursue it? this is the key of the problem!

Worldcoin is trying to raise capital of 50 million USD through the issuance of WLD tokens. And got support from a bank based in San Francisco.Worldcoin wants to raise more capital by selling WLD tokenAccording to information from The Block, Tools For Humanity (TFH) is the main development organization of Worldcoin (WLD) - a cryptocurrency project founded by Sam Altman. Currently in the process of negotiating with investors to raise additional capital through the sale of WLD tokens.Notably, this capital mobilization plan is receiving support from Financial Technology Partners. It is  an investment bank focusing on the FinTech sector. Headquartered in San Francisco, USA.According to the source, Tools For Humanity (TFH) has been continuously conducting negotiations with investors about plans to sell WLD tokens. In the form of OTC (over-the-counter) to mobilize capital up to 50 million USD. In this proposal, the price per token is only 1 USD. About 2.5 times lower than the current market price of 2.5 USD. However, this deal has not yet reached an agreement on specific terms.Information from rumored sources said that FT Partners bank is supporting TFH's capital mobilization. If the terms are accepted. Conditions regarding the WLD token allocation and lockup process will apply. To ensure economic value for the project. Currently, the relevant units have not yet made an official statement about this information. However, it is worth noting that this information appeared after the Worldcoin Foundation announcement. About the establishment of a 5 million USD funding fund called "Wave0". To support initiatives and ideas focused on technology development. Or the equality system for Worldcoin. For example, privacy or biometric applications use solutions from Worldcoin and World ID.As previously reported, Worldcoin is a cryptocurrency project focused on identity authentication. Use an orb device to scan a user's iris and help them prove their identity online. In mid-2023, TFH conducted a capital raising campaign in the amount of 115 million USD and issued WLD tokens.However, the project has encountered many difficulties related to legal issues in many countries. Worldcoin co-founder Sam Altman has faced many difficulties. As in the relationship with OpenAI company in November 2023.#WLDToken #dyor