$WLD Worldcoin ($WLD) has sparked criticism for its tokenomics, privacy concerns, and sustainability.
š§Ø A large portion of $WLD tokens is allocated to insiders and investors, raising fears of centralization and potential sell-offs that could harm retail investors. The reliance on biometric data, like iris scans, has triggered privacy concerns, with skeptics questioning how this sensitive data is stored and used.
š§Ø Sam Altmanās involvement has also drawn scrutiny, with critics arguing the project leans more toward Silicon Valley profit motives than decentralization.
Additionally, the ambitious goal of creating a universal basic income through crypto faces significant adoption and sustainability challenges.
š§Ø These factors cast doubt on $WLDās long-term viability, warranting caution for potential investors.
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