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Middlemen abused the Worldcoin airdrop by bringing in people for 60-70% cut

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Middlemen abused the Worldcoin airdrop by bringing in people for 60-70% cut

Last week, Worldcoin had more than 10 locations in India where people could get their iris scanned and get verified to receive 25 $WLD coins. But as of now, all their New Delhi and other city locations aren't available to get verified. As of now, only Bangalore location is showing up on their website. What might have happened? Why are no news websites covering this issue?

As far as I can analyze the situation, India has low crypto literacy, and those who have some knowledge about cryptocurrency might have abused the airdrop. People were bringing hundreds of illiterate people with them with the Worldcoin app to get them verified and receive the 25 $WLD airdrop. As you can see in the image below, school students were standing in line to get their iris scanned. The one who brought these students would give 1K–2K INR (Roughly 10–20 USD) to these students, transfer the airdropped crypto to their wallets, and sell it on Binance for approximately 5K INR (50–60 USD).

As of now, Bangalore is the only location in India with Worldcoin ORB

There were complaints about New Delhi locations, where the ORB host asked $10–$20 to skip the queue and get verified more quickly than those who were waiting in line. Most probably, the Worldcoin team has received complaints about these fraudulent activities and revoked their authority. But they haven't leaked the news anywhere, which could hurt their reputation. In third-world countries, people queue up for anything free, and Worldcoin has managed to get enough people, in the millions, to show the numbers to investors, at least.

Who wins here? People from third-world countries who got free money, or Worldcoin, which got people's iris data? Or those middlemen who brought those people and received a cut from every airdrop?

submitted by /u/pythonskynet
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