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#Tokenomics

In my opinion, Worldcoin's tokenomics presents significant concerns despite its utopian vision.

The biggest issue for me is regarding the one-year lockup period for the team and investors. Considering the project's ambitious plan to operate for 15 years, this short lockup duration seems inadequate. With full token vesting by year 3, there is a risk of losing the team's long-term commitment and attention to the project beyond that point. Moreover, this abrupt unlocking of tokens may lead to significant dumping pressure, affecting token holders, which amounts to 23.3% of the total supply painting a worrying picture to their long-term sustainability.

Furthermore, the token lacks true utilities, despite being touted as a governance + utilities token. Presently, governance rights are completely held with the foundation. Even as they "decentralize" in the future, this still gives them an unfair advantage as to how the process would roll out. Moreover, building genuine utilities beyond governance faces significant challenges, particularly concerning in-app transactions which was mentioned in the white paper. Legal complexities arising from varying user locations create potential risks that could harm the project. Show Less

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