🍪 WTF is WorldCoin?
Happy Barbie week, friends.
a girl at the cinema didn’t wear pink for barbie and I saw them take her out back and heard gunshots
— Luc (@ellkay_)
Jul 23, 2023
Pretty much sums up the week.
Let’s get to the good stuff.
In the oven this week:
👁️ Why everyone’s buzzing about WorldCoin
🗳️ Poll of the week: are you a WorldCoin believer?
🍪 Cookie crumbs: 5 bite-sized headlines
🍫 Chocolate chips: 3 of our favorite finds
😂 Snickerdoodles: Thursday memes
WORLDCOIN IS HERE
There’s a new DMV in town.
Except instead of waiting 4 hours at the mustiest place on earth, you’re making an appointment at an Orb.
You heard me.
One of these:
And instead of a driver's license, you scan your eyeballs and get a “privacy-preserving digital identity” called a World ID.
If you’re confused, you ain’t alone.
Let me explain.
Our boy Sama launched a new project this week, and it’s called Worldcoin.
It’s been in the works for over 3 years now and it’s raised over $250M from pretty big names like a16z and Khosla Ventures.
They've got over 150 Orbs in 35 cities globally which issue World IDs. This World ID is basically a digital passport that confirms that you’re a human… sorta like a captcha.
Except it’s stored on the blockchain, which lets Worldcoin verify your human status while keeping your identity private.
Once you’ve got a World ID, you can download the World App wallet and claim $WLD tokens as your reward.
Oops, did we mention this is a crypto thing?
And what do the people really wanna see with crypto projects?
Say it with me - USE CASES!!
So, the million dollar question: what’s the point of all this mumbo jumbo?
Give us the use case!!
WorldCoin claims that having proof of personhood like World ID could do things like let social networks filter out bots, enable equitable distribution of universal basic income, and prevent fraud in loyalty and referral programs.
….We read as we referred ourselves to Doordash for the 3rd time today 👀
Sounds great and all, but the crypto community is pretty down on the whole thing:
Vitalik (founder of Ethereum): Worldcoin’s way too centralized. It’ll lead to unavoidable privacy leaks and erode people’s ability to navigate the internet anonymously. Oh, and what about authoritarian governments getting their grubby hands all over this data??!
Jack (Twitter co-founder): “cute.”
"Worldcoin is an attempt at global scale alignment..."
— jack (@jack)
Jul 24, 2023
We got a lotta faith in Sam, but think we’ll be stayin’ away from the Orbs for now…
POLL OF THE WEEK
ARE YOU A WORLDCOIN BELIEVER?
Let’s see them hands - are you a WorldCoin believer?
Sound off 👇🏽
BITE SIZED HEADLINES
Elon went rogue and rebranded Twitter to “X” (x.com). Pretty half baked execution, since half the site still references Twitter or tweets. Come on man, tweet was already a verb!! The marketing holy grail!
Hilariously, Meta and Microsoft also own trademarks to X, which could cause Elon some more legal headaches. Who’s Elon’s lawyer?? Give the guy a raise!!
OUR FAVORITE FINDS
There should be a list of the 30 under 30 winners that make it to 40 without an indictment. "Free over Forty" or something.
— TJ Parker⚡️ (@tjparker)
Jul 20, 2023
That's all we got for ya this week, folks. See ya next Thursday!
If you enjoyed this, we'd love it if you'd fwd to a friend! We don't gate keep here - spread some of these sweet treats. 🙏🏾
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