Elon Musk blocked OpenAI’s ICO idea because ‘crypto damages credibility’

Elon Musk killed OpenAI’s plan to launch an initial coin offering (ICO) in 2018. The billionaire said it would destroy the company’s reputation, according to court filings submitted on Nov. 14. Elon’s decision blocked co-founders Sam Altman and Greg Brockman, who wanted to sell tokens to raise funds for the nonprofit AI startup. “It would

Source: Cryptopolitan