Worldcoin (WLD), a new cryptocurrency, has sparked debate with its 'predatory' tokenomics model, aimed at distributing tokens globally but drawing criticism from the crypto community. Leading traders have labeled WLD a 'fake $60B AI coin' and criticized the plan to sell community tokens to 'adversarial parties' to benefit the foundation. The project initially proposed scanning the world's eyeballs to establish proof-of-personhood, but due to backlash, it has shifted to vein scans. Additionally, Worldcoin and Taceo have published a breakthrough in SMPC cryptography, eliminating the need to store legacy iris codes.