Worldcoin and Venture Capital (VC) callback to the “cheap money” era.

To recap, Worldcoin’s pitch is essentially two-fold. At its core is The Orb, a device that scans users’ retinas so they can later confirm their identity online. The Worldcoin token, in turn, is intended to be distributed as a form of “universal basic income” (UBI) and is currently being offered as an incentive for early volunteers with eyeball scans.