On July 24th, Twitter made significant shifts in it branding, mistakenly falling under fire when the Worldcoin token comparatively launched on the very same day. Worldwide, bounty hunters scampered, building phony accounts from the very social platform they retrieved information from, all meant to take advantage of the lucrative opportunity.
Twitter’s adjustment in their checking system -known first since December, said the previous CEO Elon Musk- gave those scammers double advantage since the badge of authenticity offered did mean something. As unethical as it sounds buyers could choose the blue mark for $8USD a month and everything seemed ok.
Unknowingly, Steve Chen made his comebacks by raising aware of any hoax or might be financial gain promoters, setting his official couple of words as a warning to how his heart felt about it:
“Note that there are a lot of scammers out there posing as “worldcoin” And people might have reached out to you promising you cash or even future wealth after investing. Kindly DYOR before interacting with any persons/project posing as Worldcoin — Steve Chen (@stevekimoi)”. @stevekimoi
Uniquely, Worldcoin provided retinal scans for establishing biometric-based accurate authentication to overcome imposter fraud. John Koater-founding cofounder at WC(WorldCoin)—shifted attention towards personal identification certificates as the best counter to anything noticeable or suspicious. Including entities daily it hastened progress
Statics were beneficial small team, given the oc1.2 million people were taken enactive security scans moving forward in the possibility foreve unaccomplished but still somehow reach the initial target of enlisting 2 billion people into this world-dream of shared ownership