Only losers will provide their real retinas. Smart players will obviously game the system and then dump the shitcoin on yet another group of losers.
Have you seen who they are going after?
> In order to test this model and technology, we have onboarded twenty-five Operators that run more than thirty devices in twelve countries across four continents (Africa, South America, Europe and Asia).
> To illustrate the success and potential of these Operators, we will dive deeper into the operations from the following five countries: Chile, Kenya, Indonesia, Sudan and France.
This is sickening.
Unlimited money!
If you control one of their devices, you could always just modify it fake a live input.
Even if they intend to control the scanners themselves, corruption can probably thwart that. This comment (https://news.ycombinator.com/item?id=29001214) makes it sounds like they may be operating in countries with endemic corruption.
The big logic flaw here is the same one as when the Soviet Union collapsed and shares of the state owned enterprises and assets were sold to the general public: poor people sell the assets to the wealthy.
The entire thing is strange, and doesn’t make sense.