Odaily Planet Daily News Justin Bons, founder of encryption fund Cyber Capital, tweeted that Worldcoin's token economy is very bad, with only 1% of the total supply being traded in circulation. This is a predatory design designed to benefit venture capital (VCs) rather than retail investors or users. This will inevitably lead to a massive price drop, hurting countless people and exposing their privacy.
Historically, such token distributions have always resulted in massive price crashes, and these VCs must have understood that, as ZEC, ICP, and MAPS are prime examples of this. Most retail investors were unaware of this and bought WLD tokens, creating demand on a very small supply, causing the price to skyrocket now and most likely lead to a subsequent massive crash.