I came across a youtube vidoe explaining a cryptocurrency called Worldcoin that is supposedly coming to address Universal Basic Income. The proposition of the creators of this coin is to reward humanity with cryptocurrency in  exchange for scanning their eyes in a device they are building alongside the crypto, as a form of digital ID.  

As interesting as this idea may sound, a lot of things are still not clear and hence leaving many skepticism. Some of the grey areas are:

1. Is this just a cryptocurrency or there is more to it?
2. What will the founders use such data that is projected to capture the entire human population for?
3. Most of the people being used to test this project are children who might not even know what they are doing, what does this show?
4. Is the money given in the for the worldcoin crypto worth the data they are taking?


Here is the source of a review of the worldcoin: https://youtu.be/Ynmz6Voy378

Kindly watch the video and give your opinion.