Akanksha Sarma
Akanksha Sarma
The promise of free money has seen youth in some of India’s biggest metros flock to sign up with Worldcoin in the 10 days since its launch. Translating this early momentum into actual staying power, however, will likely prove difficult for the Sam Altman-backed venture.
August 02, 2023
8 MINS READKey Takeaways
With crowds still thronging theatres to watch Hollywood blockbusters Barbie and Oppenheimer, the line snaking through Bengaluru’s Mantri Square Mall on a Tuesday afternoon doesn’t seem out of place. Until you realise that it isn’t for the movie theatre but a makeshift kiosk situated in the mall’s basement.
As the gathering—mostly students from colleges in the area—grew, bouncers were even required to hold the crowd back. Those in line, though, many of whom had waited over two hours, seemed oblivious to the chaos around them. Instead, they were focused on a shiny silver orb that enjoyed pride of place on the kiosk’s lone table.
One by one, the waiting masses sat down at the table and gazed into the orb so it could capture their biometrics. A few QR code scans later, they submitted basic details such as their ages and email addresses.
The reward for their troubles? WorldCoin tokens—the cryptocurrency co-founded by OpenAI CEO Sam Altman.
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