🥊🆚👊PROJECT WORLD▸$WLD ▸SPURS A DISPUTE OVER R$ 20 MILLION IN BRAZIL˗ˋˏ🤼♂️$ˎˊ˗
A furniture factory in Indaiatuba went to court after taking part in Brazil’s expansion of the World ▸$WLD ▸formerly Worldcoin project.
Artgetto says it reorganized its operations to manufacture structures used at the points where the Orbs carried out iris verifications.
According to the company 👇
🏭 there was an expectation to produce more than 2,000 structures
💰 each unit could reach R$ 22 thousand
🔧 around R$ 500 thousand had been invested in the adaptation
📦 the final order ended up at just 100 units
Now, Artgetto is asking for approximately:
R$ 20 MILLION IN COURT
The lawsuit includes Tools for Humanity, OpenAI Brazil, and Morgan Stanley.
The context matters.
⤷In January 2025, the ANPD determined that TFH would suspend the financial compensation linked to the creation of World ID through iris data collection in Brazil. The agency understood that the incentive could compromise the freedom of consent for the use of biometric data. The decision was upheld after an appeal.
Artgetto argues that, after the regulatory change, orders and expected commitments did not move forward.
⚠️ These are claims by the manufacturer and still need to be decided by the courts.
Another essential detail 👉 OpenAI and Tools for Humanity are different companies. Sam Altman is connected to both, but the direct operational link to World is with TFH.
☝️ $WLD 👀 💭WHO TAKES THE RISK WHEN A CRYPTO EXPANSION IS INTERRUPTED BY REGULATION?
#WorldCoin. #WLD #cripto
A furniture factory in Indaiatuba went to court after taking part in Brazil’s expansion of the World ▸$WLD ▸formerly Worldcoin project.
Artgetto says it reorganized its operations to manufacture structures used at the points where the Orbs carried out iris verifications.
According to the company 👇
🏭 there was an expectation to produce more than 2,000 structures
💰 each unit could reach R$ 22 thousand
🔧 around R$ 500 thousand had been invested in the adaptation
📦 the final order ended up at just 100 units
Now, Artgetto is asking for approximately:
R$ 20 MILLION IN COURT
The lawsuit includes Tools for Humanity, OpenAI Brazil, and Morgan Stanley.
The context matters.
⤷In January 2025, the ANPD determined that TFH would suspend the financial compensation linked to the creation of World ID through iris data collection in Brazil. The agency understood that the incentive could compromise the freedom of consent for the use of biometric data. The decision was upheld after an appeal.
Artgetto argues that, after the regulatory change, orders and expected commitments did not move forward.
⚠️ These are claims by the manufacturer and still need to be decided by the courts.
Another essential detail 👉 OpenAI and Tools for Humanity are different companies. Sam Altman is connected to both, but the direct operational link to World is with TFH.
☝️ $WLD 👀 💭WHO TAKES THE RISK WHEN A CRYPTO EXPANSION IS INTERRUPTED BY REGULATION?
#WorldCoin. #WLD #cripto
