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TechFlow News, according to The Block, court documents reveal that Tesla CEO Elon Musk in 2018 rejected a proposal by OpenAI to conduct an ICO and issue cryptocurrency. Musk and his legal team claimed that Sam Altman and Greg Brockman, two of OpenAI's co-founders, had hoped at the time to help the company generate profits through token issuance, but Musk believed this would cause OpenAI and its associated individuals to lose credibility.
Court documents reveal that Tesla CEO Elon Musk rejected a proposal for OpenAI to conduct an ICO to issue cryptocurrency in 2018. Musk and his legal team claimed that OpenAI co-founders Sam Altman and Greg Brockman had hoped to issue tokens to help the company generate profits, but Musk believed this would damage the credibility of OpenAI and its personnel.
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