Worldcoin (WLD) Surges 20% on Sam Altman’s Reinstatement Demands

• According to reports, OpenAI’s top investors have been pushing to have Altman reinstated.
• At the time of writing WLD token has increased by 19.86% in the previous 24 hours.

There has been a massive uproar and intense discussion among the board members after the whole ordeal that happened this past Friday with the departure of OpenAI co-founder Sam Altman. According to reports, OpenAI’s top investors have been pushing to have Sam Altman reinstated as the company’s chief executive officer.

Sam Altman was abruptly removed from his position as CEO of OpenAI; nevertheless, investors including Microsoft Corp., Thrive Capital, and Tiger Global Management have reportedly been lobbying for his reinstatement. The prominent investors who control a combined $10 billion are working together to reinstate Altman.

Strong Backing for Sam Altman

Moreover, a push has been made for a board revamp, and new members have been discussed as part of this effort. Reportedly, there have been discussions about replacing the present board, but no decisions have been taken as of yet. Ex-Salesforce Inc. co-CEO Bret Taylor is a name that has been mentioned as a possible new board member.

Both investors and Altman were taken aback by the board of OpenAI’s sudden decision to fire him. By developing improvements in tools that have altered a variety of jobs, Altman was instrumental in changing the organization from a non-nonprofit into a lucrative enterprise.

After the news of Worldcoin co-founder Sam Altman’s departure from OpenAI became public, the value of the WLD token, which is associated with the project, plummeted. Mira Murati, formerly the chief technology officer, has been appointed to the role of temporary chief executive officer. However, with the announcement of demand for reinstatement the WLD token has increased by 19.86% in the previous 24 hours as per statistics from CoinMarketCap.

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