The cryptocurrency project Worldcoin, founded by OpenAI CEO Sam Altman behind ChatGPT in 2020, has been in constant motion recently. It first announced on the 8th the launch of the ecosystem wallet World App, which is open to global users for download . Last week, the official announced that it will cooperate with Layer2 Solution Optimism has established a cooperation to migrate the World App from Polygon to the Optimism Mainnet.
Further reading: Countdown to 2 days" Worldcoin commemorates NFT "free casting" teaching, ecology moves from Polygon to Optimism
Ex-Ethereum Foundation member questioned
Although Worldcoin is quite powerful, and even the rumor of raising 100 million at a valuation of 3 billion US dollars has ignited the attention of market investors, it still faces quite a lot of doubts.
Among them, Hudson Jameson, a former member of the Ethereum Foundation, said that the WorldCoin team's plan is unrealistic and terrible. He is not worried that the top zk technology is being established, but he is skeptical about the launch of his project. Jameson explained:
Some team members talk about tens of millions of people joining the program by 2025, but there's no indication they have public plans to address huge socioeconomic issues that vary by region.
In addition, Hudson Jameson also questioned the token economics of Worldcoin, because only 80% of the tokens are provided to the public, 10% to investors, and another 10% to the team. How does this create a fair global currency? Do they have any analysis to prevent wealth disparity in certain regions? Other than building cool technology, Jameson said he couldn't see why WorldCoin would be successful.
BlockTower Capital founder criticizes WorldCoin for stealing personal data
In addition, Ari Paul, founder of BlockTower Capital, also criticized WorldCoin's core business model of stealing data from the world's poorest people, exploiting the poor to test it, and monetizing it in violation of a large number of laws. He pointed out:
Venture capital firms often invest in "disruptive" technologies that violate regulations, and in this case, often hurt the most vulnerable.
We all draw a different moral line, but I don't see how anyone could draw it below that line and sit back and relax. It's just a criminal act of stealing data from the poor through fraud.
Further reading: "OpenAI Founder Project" Worldcoin Orb Operator "Password Hacked"! Spokesperson: No outflow of personal information
Founding Members Respond
Under the question of Ari Paul, Saturnin Pugnet, the founding member of Worldcoin expressed his hope to hold a debate on this, and use it to adjust the specific actions of Worldcoin:
I'm sorry you have such a negative impression of Worldcoin, if you talk to us about your concerns and engage in the debate then I would be happy to hear feedback on what made you come to this conclusion and adjust our actions accordingly.
