Two cryptocurrency projects have recently caught the attention of investors – Worldcoin and Tradecurve. Worldcoin, a crypto project co-founded by OpenAI CEO Sam Altman, raised an impressive $115 million in a Series C investment sponsored by Blockchain Capital. The funds will be used to maintain its decentralized World ID and launch the World App, which is a cryptocurrency wallet. Worldcoin aims to address issues related to evidence of personhood in the digital age, brought on by artificial intelligence’s complicated nature. The WLD cryptocurrency, set to launch in the first half of 2023, is reportedly unavailable in the United States and certain other nations.
Meanwhile, Tradecurve, a hybrid trading platform, is currently raising $20 million in its presale run. With a focus on empowering individuals and prioritizing privacy and user control over multiple asset classes, Tradecurve aims to revolutionize the online trading market. It will be one of the few Ethereum-based trading platforms allowing cryptocurrency to be used as collateral while removing the burdensome sign-up KYC checks that other platforms, such as E-Trade and Robinhood, utilize. The TCRV utility token will be at the center of this platform and its extensive ecosystem, and Tradecurve aims to challenge established platforms like Coinbase and Kraken.
Worldcoin’s co-founder, Sam Altman, is the CEO of OpenAI, a research organization focused on developing artificial intelligence that benefits humanity. Altman has been instrumental in developing and overseeing Worldcoin’s mission to address issues of personhood in the digital age.
The cryptocurrency industry continues to captivate investors with its potential and disruptive innovations. The rise of these two projects reflects investors’ growing interest in cryptocurrency as a legitimate investment vehicle, and its role in shaping the future of finance.
