>"Co-founded by Sam Altman of OpenAI, WorldCoin aims to create a post-AGI world with Universal Basic Income (UBI) based on biometric data. Users must scan their irises using metallic orbs to receive worthless WorldCoins. The project raises privacy concerns, violates data laws in developing countries, and lacks transparency. Backed by crypto investors seeking to recoup losses, WorldCoin's true intentions seem profit-driven rather than genuinely beneficial."