Not all countries around the world are preparing for the arrival of Worldcoin, the cryptocurrency created by the founder of ChatGPT. With legal restrictions on the use of cryptocurrencies, people prefer to sell their iris of the eye, in exchange for US dollars, for prices higher than those offered directly with the company, creating a clandestine market.
The situation was brought to light by a Twitter user, claiming to be from Cambodia, who stated that companies collect the irises of farm workers. After the collection, the sale of information takes place in the parallel market of people who may lose access to their cryptocurrencies in the future.
It is worth remembering that the WorldCoin project, coupled with OpenAI founder Sam Altman, is bringing universal basic income to everyone in the world. Altman thinks that in the future people will be able to focus on other activities and stop doing simple tasks.
Chinese Analyst Warns Of Selling Iris Data In Underground Market For Cryptocurrency Account Linked To ChatGPT
Even though it hasn’t been officially launched yet, the Worldcoin solution has already gone through several countries, including Brazil, collecting information about people’s irises. In exchange for the data, people get cryptocurrencies.
According to Chinese observer BlockBeats, some people in Cambodia offer $30 to buy the iris. It is worth remembering that Worldcoin promises a US$20.00 reward to anyone who goes through the process.
In other words, there is an ongoing mass iris buying campaign, paying even more than the company itself, so that people provide their unique and personal information.
“Worldcoin goes viral especially in mainland China, although the region cannot register the app, crypto users find a new way: buy “iris” ($30 or less) to register the worldcoin app and get the reward ($20). These irises come from the village of Cambodia、Africa…”
Worldcoin is going viral, especially in mainland China, even though the region cannot register the app
crypto users find a new way: buying “iris”($30 or cheaper) to register the worldcoin app and get the reward ($20). This iris is from the village of Cambodia、Africa… pic.twitter.com/BQlGCpob1W
— BlockBeats|We’re hiring! (@BlockBeatsAsia) May 18, 2023
Cryptocurrency users are hoarding as much Worldcoin as they can, believing in future bullishness?
Because Worldcoin offers value and the Chinese cryptocurrency community pays more, data is collected by third parties. And such third parties collect much more coins than people around the world, i.e. they could be future cryptocurrency whales associated with ChatGPT.
Anyway, the situation indicates that they might believe in the future of the project. Despite this, there is not much public information about cryptocurrencies, even though iris scanning continues at full speed in the world.
In Brazil, for example, several people have already had their iris scanned and the company claims to already have the data of more than 1.7 million people, a number that is still low, but that should increase in the coming months.
Source: Live Coins

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.