$52.5 Million Raised by World Project as It Expands PoH Verification
The World project celebrated its three-year anniversary in 2022 by raising $52.5 million from prominent investors, including Pantera Capital and Bain Capital Crypto.
This significant investment was made through a direct purchase of market-priced WLD tokens, subject to a one-year lockup period.
The funding will support the launch of Phase 3 of World's Simple Plan, which aims to integrate proof-of-human (PoH) verification into various consumer platforms, enterprises, and AI agents.
This phase is expected to expand the reach of World ID, a biometric iris-scanning identity layer, within popular services such as Zoom meetings, Tinder matches, Shopify storefronts, and concert ticketing flows.