"Cybergibbons" from PentestPartners has done a teardown of W3W in 2021 on twitter. It was very spicy and the takeaway was not that it is just ugly implementation as some here suggest, but flawed by design:
What3Words – The Algorithm https://cybergibbons.com/security-2/what3words-the-algorithm...
Why What3Words is not suitable for safety critical applications https://cybergibbons.com/security-2/why-what3words-is-not-su...