Former Ethereum Foundation developer skeptical of crypto project
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On May 16th, Hudson Jameson, a former developer of the Ethereum Foundation, questioned the encryption project WorldCoin in a tweet yesterday: "The plans of the WorldCoin team are unrealistic and terrible. I am not too worried about the cutting-edge zk technology being built. , but I'm skeptical about the rollout of the program. Some team members talk about tens of millions of people joining the program in 2025, but there's no indication that they have a public plan to deal with huge socioeconomic issues that vary by region, They also don't have a working group to bring in experts on the subject. Worldcoin token economics is also questionable as only 80% of the tokens are for the public, with another 10% for investors and 10% for the team. How this will create a Fair global currency? Have they analyzed how to prevent the gap between rich and poor in certain regions? WorldCoin seems to be a VC invention to solve global problems, but they have nothing to solve the problem other than developing cool technology Known. I don’t think WorldCoin will be successful.”
As previously reported, the OpenAI CEO is seeking nearly $100 million in financing for his encryption project Worldcoin, which plans to launch in the next few weeks.
On May 16th, Hudson Jameson, a former developer of the Ethereum Foundation, questioned the encryption project WorldCoin in a tweet yesterday: "The plans of the WorldCoin team are unrealistic and terrible. I am not too worried about the cutting-edge zk technology being built. , but I'm skeptical about the rollout of the program. Some team members talk about tens of millions of people joining the program in 2025, but there's no indication that they have a public plan to deal with huge socioeconomic issues that vary by region, They also don't have a working group to bring in experts on the subject. Worldcoin token economics is also questionable as only 80% of the tokens are for the public, with another 10% for investors and 10% for the team. How this will create a Fair global currency? Have they analyzed how to prevent the gap between rich and poor in certain regions? WorldCoin seems to be a VC invention to solve global problems, but they have nothing to solve the problem other than developing cool technology Known. I don’t think WorldCoin will be successful.”
As previously reported, the OpenAI CEO is seeking nearly $100 million in financing for his encryption project Worldcoin, which plans to launch in the next few weeks.
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