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International Business Times
International Business Times
Business
Marvie Basilan

Permissionless Funding: Marc Andreessen Gives Bitcoin Grant To AI Bot On X

Marc Andreessen is known for being a pioneer of the internet industry. Marc Andreessen on Building Netscape & the Birth of the Browser | YouTube (Credit: a16z YouTube Channel/Screenshot)

KEY POINTS

  • Andreessen sent in $50,000 in Bitcoin to the AI bot's wallet to help fund its projects, including a token launch
  • Truth Terminal's creator confirmed that Andreessen sent in the promised grant
  • Coinbase's Conor Grogan has also offered to help Truth Terminal generate a secure wallet

Bitcoin has been used in many transactions since it was first introduced to the financial world, and this time, it's been used by a renowned billionaire to provide funding for an artificial intelligence bot on X (formerly Twitter).

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