Why are people lining up for Worldcoin eyeball scans? “Easy $50”
Worldcoin, a global blockchain project championed by OpenAI CEO Sam Altman, is attracting people in Nairobi, Bengaluru, and Hong Kong to sign up for their services by offering a sign-up bonus of 25 worldcoins, worth roughly $50. The project aims to create a global identity service using a combination of cryptocurrency and biometric registration. The surge of interest in these cities is primarily driven by the sign-up bonuses, with relatively few people familiar with the project's goals or cryptocurrency in general. However, concerns have been raised about whether users fully understand what they are signing up for, as some may be drawn in by the promise of free money without grasping the broader implications. Regulatory actions have been taken in response to the rollout of Worldcoin, with France's privacy regulator and Kenya's data protection commissioner raising doubts about its legality. Nonetheless, many people, particularly in Nairobi, see the bonus as an opportunity to cope with the current cost of living crisis and financial hardships they face.
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