Deception, exploited workers, and cash handouts: How Worldcoin recruited its first half a million test users - 2022-04-06

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F0.png Deception, exploited workers, and cash handouts: How Worldcoin recruited its first half a million test users April 6, 2022, Eileen Guo, MIT Technology Review

The company's website described Worldcoin as an Ethereum-based "new, collectively owned global currency that will be distributed fairly to as many people as possible." Everyone in the world would get a free share, the company suggested—if they agreed to an iris scan with a specially designed device that resembles a decapitated robot head, which the company refers to as the "chrome orb."

The orb was necessary, the website continued, because of Worldcoin's commitment to fairness: each person should get his or her allotted share of the digital currency—and no more. To ensure there was no double-dipping, the chrome orb would scan participants' irises and several other biometric data points and then, using a proprietary algorithm that the company was still developing, cryptographically confirm that they were human and unique in Worldcoin's database.

"I've been very interested in things like universal basic income and what's going to happen to global wealth redistribution," Sam Altman, Worldcoin's cofounder and the former President of Silicon Valley accelerator Y Combinator, told Bloomberg, which first reported on the company last summer. Worldcoin was intended, he explained, to answer the question "Is there a way we can use technology to do that at a global scale?"

Wikipedia cite:
{{cite news | first = Eileen | last = Guo | author2 = Adi Renaldi | title = Deception, exploited workers, and cash handouts: How Worldcoin recruited its first half a million test users | url = https://www.technologyreview.com/2022/04/06/1048981/worldcoin-cryptocurrency-biometrics-web3/ | work = MIT Technology Review | date = April 6, 2022 | accessdate = March 22, 2023 }}