Hello Stephen, I would like to point out a few misconceptions about your article. First of all, you referenced the wrong token in CoinMarketCap as WorldCoin (WDC), whereas the actuall token of Sam Altman's project is Worldcoin (WLD), which value by the time I am writing this is approximately US$ 1,46. It is important to keep in mind that WDC and WLD are two completely different criptocurrencies from different projects that do not share any particular actor. Second, your biometric data privacy concerns are irrational and profoundly alarmist , much like the whole media strategy to attract reader's attention through "shocking sentences" and poorly researched information of what the project is really about. Paraphrasing the official Worldcoin whitepaper at the "Orb Privacy" section, you can read: "The Orb checks that you are real and that you have not signed up before. It does this by capturing and processing images of you and your unique iris pattern.
Since no two people have the same iris pattern and these patterns are very hard to fake, the Orb can accurately tell you apart from everyone else without having to collect any other information about you — not even your name.
Importantly, the images of you and your iris pattern are permanently deleted as soon as you have signed up, unless you opt in to Data Custody to reduce the number of times you may need to go back to an Orb. Either way, the images are not connected to your Worldcoin tokens, transactions, or World ID."
Further in the document some essential information that is rarely covered by the mainstream media about this topic, including your own article, appears as:
"Biometric data never leaves the orb. Once you’ve signed up, it’s permanently deleted.
Your biometric data is first processed locally on the Orb and then permanently deleted. The only data that remains is your iris code. This iris code is a set of numbers generated by the Orb and is not linked to your wallet or any of your personal information. As a result, it really tells us — and everyone else — nothing about you. All it does is stop you from being able to sign up again.
Since you are not required to provide personal information like your name, email address, physical address or phone number, this means that you can easily sign up without us ever knowing anything about you."
Furthermore, worldcoin is not about giving your iris data in exchange for 25 WLD. This is merely a functionality to provide an incentive for new users to get to know the project, and obviously, validate the technology in real world situations. Users that downloaded the World App can reserve some amount of WLD that is distributed in a regressively quantity, as described at the Tokenomics section in the Worldcoin whitepaper. Surely nobody can assure that this project is 100% accurate and that the actors involved actually have the objectives described by the whitepaper in mind. I am not in any way related to the Worldcoin project and do not possess substantial amounts of WLD. Everyone considering buying this token or getting involved in this project should be cautious and skeptical, just like with every other crypto endeavour. The purpose of this comment was to clarify some concerns and (for everyone reading this) provide truthful information that can (and you must) be validated by deepening your knowledge at the right sources.
For more information you can access the following links:
Hello Stephen, I would like to point out a few misconceptions about your article. First of all, you referenced the wrong token in CoinMarketCap as WorldCoin (WDC), whereas the actuall token of Sam Altman's project is Worldcoin (WLD), which value by the time I am writing this is approximately US$ 1,46. It is important to keep in mind that WDC and WLD are two completely different criptocurrencies from different projects that do not share any particular actor. Second, your biometric data privacy concerns are irrational and profoundly alarmist , much like the whole media strategy to attract reader's attention through "shocking sentences" and poorly researched information of what the project is really about. Paraphrasing the official Worldcoin whitepaper at the "Orb Privacy" section, you can read: "The Orb checks that you are real and that you have not signed up before. It does this by capturing and processing images of you and your unique iris pattern.
Since no two people have the same iris pattern and these patterns are very hard to fake, the Orb can accurately tell you apart from everyone else without having to collect any other information about you — not even your name.
Importantly, the images of you and your iris pattern are permanently deleted as soon as you have signed up, unless you opt in to Data Custody to reduce the number of times you may need to go back to an Orb. Either way, the images are not connected to your Worldcoin tokens, transactions, or World ID."
Further in the document some essential information that is rarely covered by the mainstream media about this topic, including your own article, appears as:
"Biometric data never leaves the orb. Once you’ve signed up, it’s permanently deleted.
Your biometric data is first processed locally on the Orb and then permanently deleted. The only data that remains is your iris code. This iris code is a set of numbers generated by the Orb and is not linked to your wallet or any of your personal information. As a result, it really tells us — and everyone else — nothing about you. All it does is stop you from being able to sign up again.
Since you are not required to provide personal information like your name, email address, physical address or phone number, this means that you can easily sign up without us ever knowing anything about you."
Furthermore, worldcoin is not about giving your iris data in exchange for 25 WLD. This is merely a functionality to provide an incentive for new users to get to know the project, and obviously, validate the technology in real world situations. Users that downloaded the World App can reserve some amount of WLD that is distributed in a regressively quantity, as described at the Tokenomics section in the Worldcoin whitepaper. Surely nobody can assure that this project is 100% accurate and that the actors involved actually have the objectives described by the whitepaper in mind. I am not in any way related to the Worldcoin project and do not possess substantial amounts of WLD. Everyone considering buying this token or getting involved in this project should be cautious and skeptical, just like with every other crypto endeavour. The purpose of this comment was to clarify some concerns and (for everyone reading this) provide truthful information that can (and you must) be validated by deepening your knowledge at the right sources.
For more information you can access the following links:
-Worldcoin token (WLD) at CoinMarketCap: https://coinmarketcap.com/link/currencies/worldcoin-org
-Worldcoin official website: https://worldcoin.org/
-Worldcoin whitepaper: https://whitepaper.worldcoin.org/
-Infotmations about the Orb and privacy: https://whitepaper.worldcoin.org/technical-implementation#the-orb
https://whitepaper.worldcoin.org/proof-of-personhood
-Worldcoin Tokenomics: https://whitepaper.wo
rldcoin.org/tokenomics