It has experienced a sharp decline in recent weeks after its founder Sam Altman was removed from the project. Worldcoin (WLD) has now announced its new fund.
According to Coindesk, a non-profit organization that supports the development of Worldcoin The Worldcoin Foundation today announced a $5 million grant program called “Wave0.”
According to the news, the grants to be distributed to developers are expected to provide developers with a “focus on building resilient technology and fairer systems” on Worldcoin.
Accordingly, the grant to developers will be distributed through three channels and will include 5 million funds. Also this fund Ethereum (ETH) It will be provided with the WLD token established on it.
Speaking to Coindesk, Worldcoin Foundation protocol head Remco Bloemen stated that the grants do not only target developers; “The grant program also requires a greater community effort. “This fund also has purposes such as raising awareness and educating people.” said.
After the news WLD The price rose above $2.5. WLD continues to trade at $2.45 at the time of writing.
*This is not investment advice.
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