# What in the WORLDcoin?!

By [hiens](https://paragraph.com/@hiens) · 2023-07-28

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### What in the WORLDcoin?!

Despite what we might think of Worldcoin it has generated managed to capture a lot of noise and controversy with over 2 million initial sign-ups and almost 900,000 wallets. 

As you can imagine, the USA is geofenced from the WLD token which didn’t stop savvy-minded investors from developing countries who took advantage of the airdrop, and fair play to them!

[https://twitter.com/DefiIgnas/status/1683410405186494464?s=20](https://twitter.com/DefiIgnas/status/1683410405186494464?s=20)

And to celebrate such an event, Worldcoin is commemorating the day with a free NFT collectable on [Zora](https://zora.co/collect/eth:0x6e60bcdf52078a250932cf9fec174c5f67348845).

Now let’s flip reverse it

[Zachxbt](https://twitter.com/zachxbt/status/1683512389105229825?s=20) is one of crypto Twitter’s best detectives and it’s no surprise that a project like Worldcoin comes with some controversy. After all, they are scanning our eyeballs and gained 9 figures of investment.

According to Zachxbt’s findings, “the team exploited people in developing countries” and “increased the amount allocated to insiders from 20% to 25% according to Coindesk.” You can check the full thread [here](https://twitter.com/zachxbt/status/1683512389105229825?s=20).

Judgement will be cast based on price action at the end of the day.

Up only = legitimate top 10 Coingecko project

Down only = scam

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*Originally published on [hiens](https://paragraph.com/@hiens/what-in-the-worldcoin)*