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.

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.

66 points

Babe wake up, new scam for idiots just dropped

permalink
report
reply
47 points

Universal Basic Income is not a technical problem but a political decision. This new coin does not solve social or economical inequality. Its just a new comtetitor in the field of cryptoscam.

permalink
report
reply
14 points

Very much so.

If this coin’s math and mechanics actually work in transferring wealth from rich to poor … it’ll be swamped in poor people wanting their cut, and rich people will want nothing to do with a shitcoin that’s explicitly going to take their money and give it to other people.

permalink
report
parent
reply
14 points

It’s 2023 and these tech bozos are still pushing crypto… lol

permalink
report
reply
6 points

It’s web 3!!! /s

permalink
report
parent
reply
33 points

New surveillance capitalism just dropped.

permalink
report
reply
7 points

I guess this is the endgame for tracking every user in the world but they added “universal basic income” in the title so that its not so obvious what they are up to?

permalink
report
parent
reply
13 points

Renknowned con artist announces newest con. Wow I never saw this coming.

permalink
report
reply

Technology

!technology@beehaw.org

Create post

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Community stats

  • 2.8K

    Monthly active users

  • 3.4K

    Posts

  • 78K

    Comments