Queued for Worldcoin: “25 tokens” valley formed queues

The Worldcoin project, founded by Sam Altman, CEO of OpenAI, the developer of ChatGPT, reportedly aims to create a new “identity and financial network.” The project says its digital identity and, among other things, will allow users to prove online that they are human and not a bot.
As part of the project, which was launched on Monday, eye scans will be carried out in countries such as the UK, Japan and India.
They accept browsing for free tokens
Individuals can download the initiative's protocol-compliant wallet software, the World App, and get their World ID by scanning their eyes on the 'Orb', the initiative's spherical eye scanning and verification device.
At a crypto conference in Tokyo on Tuesday, people queued up in front of a silver globe surrounded by banners that read "The Spheres are here."
Applicants queued up to have their irises scanned by the device before waiting for 25 free Worldcoin tokens, which the company says verified users can claim.
Users speaking to Reuters stated that their curiosity about the project outweighed their concerns about data collection.
A 33-year-old user named Saeki Sasaki said, “There is a risk that the data you see with your own eyes will be collected by a company, but I like to keep up with the latest crypto projects.” said.
Privacy advocates and regulators worried
The Electronic Privacy Information Center, a privacy-focused research center in the US, said Worldcoin's data collection was a "potential privacy nightmare."
The company's website says the project is "totally private" and that biometric data is deleted or users can choose to keep it in encrypted form.
In the lobby of a coworking space in east London on Monday, two Worldcoin representatives handed out free t-shirts and stickers that read "verified person" after showing a small community of people how to download the app and scan it.
Most of the users are not worried about privacy
Christian, a 34-year-old graphic designer, said he joined because he was "interested". “I think it will be difficult to distinguish AI from human in the future, and I think that potentially solves that problem.” He refused to give his full name for reasons of secrecy.
For many users, the valley of financial gains from cryptocurrencies was enough for them to hand over their personal data.
A 22-year-old chemical engineering student named Ali, who invested some of his student loan in crypto, said he calculated that 25 free tokens could be sold for $70 to $80 at current prices.
Both Christian and Ali said they did not read Worldcoin's privacy policy. This policy states that data may be transferred to subcontractors and accessed by governments and authorities. However, it is also stated that it takes steps to reduce the risks and uses encryption to stop unauthorized access.
The project has caught the attention of regulators as well, and the UK's data regulator told Reuters it was reviewing Worldcoin's launch in the UK.
At a mall in Bengaluru, India, Orb operators showed passersby how to sign up on Tuesday.
Most people interviewed by Reuters said they were not worried about privacy.
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