can but even by doing that you can start to see why this is problematic so in in their documentation they say the operators are tasked with explaining world coin to new users so there's this this process explain cryptocurrency explain world coin and the shell here is would you like some free cash that's it and we'll get on to how much free cash it actually is but that's basically the shill so orb operators get a one month contract so they have a month to prove that they're good at running the orb and then after the the end of that month they have to re-bid for the contract now can you start to see the problems with this there's a pilot program running at the moment in five different countries we'll look at which ones those are and so people are kind of running these things and they're starting to see the data about how many people you can sign up but there are incentives for signing people up so you get a small reward in world coin for doing so the more users you sign up obviously the more you get but those rewards decay over time so the earlier you are the more rewards you will get at the end of the month when you have to re-bid for the contract uh bids will be given to those who bid higher and obviously the more successful you are at signing people up the more collateral you will have to bid higher and maintain the contract starting to see where this gets problematic again so you have this front loaded mechanism whereby those who are successful early will start to monopolize the franchises around the orbs and it will then become yeah they'll become incumbents and be able to to lock up more and more orbs now this is encouraging people to become entrepreneurs and to um run businesses around these franchises and that in itself isn't necessarily bad but you keep stumbling across these things with this project where you're like did they have to do it like this and i don't know if they did so this is what the sign up process looks like in the field so we run these field tests with the orbs there's always this shiny chrome thing it reflects everything around it it looks futuristic it looks sci-fi it looks it looks like it doesn't belong in the environment that it's in it's dystopian now there is a reason for this it's the magpie effect they want people to come and have a look at this shiny thing because they believe people are fundamentally drawn to shiny things and you know i think that i'm just making this up but alex blenier who's one of the co-founders actually said this actually said this so they're running pilots in chile kenya indonesia sudan and france anything strike you about those particular countries yes these are almost all emerging countries sudan has just had a coup indonesia kenya chile france is obviously the exception here in france they're running specifically with students so they're running a student program there to to test that out but you can see here uh the kenyan one there in the street uh the indonesian one it's a bunch of old women can you see it are you there are you there with this if you saw this on the street would you walk over and wonder what was going on i suspect you probably would it just looks weird right so this is what's happening these people are
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