“The whole point is that we’re not a quick scam," Nathan
    Gudmunson, the chairman of the Worldcoin Foundation, told
    Ars. "Our coin is clearly not that, and we’re trying to
    build up a payment system around it.

...well that didn't turn out too well. Gudmunson and several other (now former) Worldcoin Foundation board members started an exchange/payment system called Scharmbeck. Scharmbeck took large amount of investor money by selling "fee shares." Scharmbeck shut down shortly after. Gudmunson and several other members were removed from the Worldcoin Foundation board, the cryptocurrency collapsed and has never recovered. Investors holding Scharmbeck "fee shares" will likely never see a return and have lost almost all of their initial investments