Worldcoin Refutes Reports of Insufficient Influx of New Users

 

As evidence, one of the startup's executives, Sam Altman, shares a video from Japan showing a long queue at an eye retina scanning machine, claiming that registrations are happening every 8 seconds.

Photos from open sources

It's worth noting that there's an ongoing promotional campaign where every participant who undergoes the scanning procedure receives 25 WLD (approximately $50). Some consider this an unfair exchange of personal data for mere tokens.

Moreover, some experts in the crypto community argue that despite its fantastical appeal and seeming leap towards the metaverse, there could be a backlash following the first instance of personal data fraud.

Meanwhile, Worldcoin has not provided any comments, in response to Cointelegraph's inquiry, regarding the alleged insufficient influx of new registered users.

Considering the current WLD token price (around $2.3), potential investors have decided to hold back their funds and observe how the situation unfolds.

All of this takes place amidst close scrutiny from the British regulator, expressing concerns over the safety of biodata usage.

 

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