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$WLD Worldcoin ($WLD) has sparked criticism for its tokenomics, privacy concerns, and sustainability.
🧨 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.
🧨 Sam Altman’s 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.
🧨 These factors cast doubt on $WLD’s long-term viability, warranting caution for potential investors.