The token has been controversial in Silicon Valley for its ambitious and unorthodox approach to trying to solve two vexing problems: Online identity authentication and income inequality.
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The token economics — a breakdown of how the tokens will be distributed — will be made public Monday, the people said.
Tools for Humanity has offered people around the world free Worldcoin tokens, called “WLD,” in exchange for scanning their irises with a device called “The Orb.” The iris scans ensure that each person can have only one Worldcoin ID.
Only the nerds in Silicon Valley could come up with a technical solution to such massive problems as income inequality. How can supposedly intelligent people spend more than 1 second thinking that makes any sense?
What’s next, are we going to make an app to answer vexing questions like “why does evil exist”?!