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3 weeks after WorldCoin launched, it's already down 44% even though only 1% of its max supply has been unlocked so far. Current WLD token price means that people who scanned their eyes basically sold their biometric data and privacy for whooping price of

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by COINS NEWS 89 Views

So this dystopian project by Sam Altman (OpenAi CEO) that has no space in crypto space has been launched around 3 weeks ago. Price at the launch stayed at around $2.7, and later on it settled down at prices around $2.3-$2.6. But now only 3 weeks later price is very sharply down to $1.51 at this given moment.

They have already scanned millions of people all around the world under pretenses of just verifying their digital ID and verifying their humanity, whatever that means. Most of the places that they've scanned people, or better said the locations they preyed on, were mostly rural areas in poorer parts of the world, parts of the world where people are more desperate and few dollars means a lot more to them than others. Most of their orb scans have come from Africa, South America and India.

Kenya already suspended it after hundreds of thousands of people were standing up in lines to receive scan of their eyes and receive 25 of WLD tokens that at the time were worth about $60, but now only $38. It has to be taken into consideration that they only unlocked exactly 1.26% of the supply of the token and fully diluted market cap of this token is still abnormally high at more than 15 billion which would very easily put it into top 5 non-stablecoins (just behind XRP).

People that scanned their irises basically sold their biometrical data and privacy that Sam Altman can sell to whomever or use it however he wants with multiple projects in his AI companies like OpenAI, and all for meager $38, and if they hold for longer, that amount will soon be maybe $20 or $10. Worth it?

submitted by /u/mbdtf95
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