“The men were offering all comers a T-shirt and a voucher for $20 worth of Worldcoin, which one of the men boasted would appreciate 500%.”
Worldcoin traded T-shirts and a token that didn’t exist yet for the irises of people in Africa and Asia. The pitch is ending poverty. The internal documents say the Orb and its biometrics are the actual product. Andreessen Horowitz and Khosla funded a database of eyeballs from people who needed $20.