« You have beautiful eyes, you know? » And they might even earn you a few bucks! At least, that’s the promise of the Worldcoin and its token the WLDlaunched with great fanfare at the end of July.
Since then, you can see queues of people all over the world waiting to be iris scan for a handful of crypto. Scandal, revolution, heresy, the future of digital identity, scam international, what have we not heard about the Sam Altam !
But beyond the polemic The numbers are impressive and the whole thing is starting to look like a little success story. Review and outlook at the beginning of August.
Worldcoin’s success is confirmed by figures that speak for themselves…
According to the official Worldcointhe project is destined to become « the world’s largest public identification and financial network ». Nothing less. And if we are to believe the figures released in recent days by the blog We’re well on our way! Indeed, in the week following the launch of the WLD token, weekly verifications increased by 100%. The Worldoin team is delighted with these excellent results:
« What’s remarkable here is that the World ID verification rate had already doubled once in 2023. Between January and July, World ID registrations rose from one million to two million. And last week’s doubling demonstrates a sustained increase in global demand for World ID. »
In addition, the number of weekly users of the World App has him triplet at the same time as the number of account creations increased by a factor of two. ten. As a reminder, World App is the portfolio of the network built by Tools for Humanity which inevitably communicates these excellent results:
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…despite widespread criticism of the project
However, this success in terms of numbers went hand in hand with numerous criticisms of both the distribution of the tokens and their launch, but also on the devices used to scan the irises of volunteers and even on the treatment of data collected.
According to some observers, the low percentage of tokens in circulation and the large quantity held by the team and first-time investors would be a problem for the long-term viability of the project and, above all, for its price. Secondly, it’s the machines themselves that raise questions. The « Orb has the ambition to become more democratic, to be decentralized to allow anyone to make them with manufacturing instructions open source. However, this raises the question of the proliferation of poor-quality devices that may not comply with the safety standards.
But the biggest concern is the treatment and the storage data collected worldwide by the project Worldcoin. What happens to the information biometric accumulated? To whom are they given or sold? How are they protected? These are the highly sensitive questions that prompted Kenya to ban iris collection, while at the same time the United Kingdom, Germany and France France are openly asking the question.
Finally, Worldcoin is currently raising more questions than it is solving. L’digital identitywhich is at the heart of this project, is one of the major issues that Web3 intends to resolve in the coming years. Will the ambitions and resources of Sam Altam will this be THE project of the future? While thousands of people queue up to have their irises scanned, others continue to ask questions. and seriously doubt it.
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