TechFlow reported, on-chain investigator ZachXBT criticized Worldcoin, accusing the project team of boasting about user numbers while exploiting people in developing countries. Currently, Worldcoin appears to only enforce proof-of-personhood during registration, leading to a black market for accounts—on Telegram, each account costs just $1.
Additionally, according to CoinDesk, Worldcoin has increased the token allocation for insiders and investors from 20% to 25%. However, in early promotional videos, Worldcoin claimed that "WLD will be better than BTC because BTC is held by only a small number of wealthy individuals."
ZachXBT also noted that the WLD narrative could shift depending on token performance, as "price going up = good project, price going down = dystopian nightmare."
