Worldcoin Unveils $5 Million 'Wave0' Grant Program for Tech Innovators
Worldcoin (WLD) has introduced a $5 million grant program named "Wave0" with the goal of supporting innovators working on resilient technology and more equitable systems. This initiative, backed by OpenAI CEO Sam Altman, will provide grants through the Worldcoin Foundation, a nonprofit organization dedicated to supporting WLD's initiatives.
As per a blog post dated December 6th, these grants will be distributed in the form of WLD tokens, with 2 million coins allocated across three tracks within the Worldcoin Tech Tree.
The first track, known as community grants, will allocate up to 5,000 WLD tokens for sponsorships, hackathons, and similar initiatives. The second track, project grants, aims to support larger-scale projects with grants of up to 25,000 WLD tokens.
The Open Track Grants will focus on the most significant and
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