Worldcoin the project that is founded by ChatGPT creator Sam Altman has announced a significant milestone . It now has over 2 million registered users. Through its World ID system the site has about 40,000 new registrations weekly on average. Orbs is a unique iris scanning technique that is used in this protocol to identify users . Each user gets 25 WLD tokens as a reward for completing this verification process.
Pavel Durov’s Telegram has announced that it issued $270 million in bonds this week to fund its growth until it achieves profitability. The move is intended to provide the necessary funding to bring the company closer to the break-even point . With this bond issuance Telegram is aiming to guarantee its development and secure the resources needed for its expansion . Bonds vs. Shares: The Reasoning Behind Telegram’s Choice Telegram’s decision to issue bonds instead of shares is due to the significant rise in interest rates beginning from 2021 . By going for bonds the company can benefit from a different issue price and tap into the pool of interested investors. Bonds offer a promise of repayment of interest and serve as a loan contracted with investors who believe in the companys potential. FOR MORE INFO: https://fincurrency.net/telegram-raises-270-million-in-bonds-for-growth-and-profitability
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