Explaining Blockchain Capital’s Big Bet on an Eyeball-Scanning Orb

This week, Worldcoin, an outfit that aims to serve as proof of personhood in a world where it’s harder by the day to distinguish a human from a bot, raised $115 million in Series C funding.
Led by the 10-year-old venture firm Blockchain Capital, whose bets have included Coinbase, Kraken and OpenSea, the investment brings Worldcoin’s funding to at least $240 million, even as the controversial organization — founded in 2019 by OpenAI CEO Sam Altman — has much to prove.
Yesterday, we talked with Blockchain Capital General Partner Spencer Bogart about what gave him confidence in Worldcoin, which aims to create a …