What Is Worldcoin. Sam Altman's New Digital ID Project?

Worldcoin is a project aimed at creating a global network of digital identities without revealing personal data. Users scan their eyeballs to create a unique ID and receive digital tokens as a reward. The project has faced controversy over privacy concerns and its focus on developing countries. Despite raising over $500 million, the future remains uncertain. Worldcoin aims to address AI challenges like deepfakes and bots, ensuring human interaction with devices. The project is co-founded by Sam Altman, CEO of OpenAI.

What are the potential benefits and drawbacks of a crypto-based universal basic income as proposed by Worldcoin?

Discuss the implications of Worldcoin's approach to targeting consumers in the developing world.