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#wld Today I did a preliminary calculation of the WLD team's and foundation's coin sales, roughly 556 million. Based on the unlock schedule analysis, it indicates that the team and foundation have basically emptied the unlocked tokens. This suggests that outside projects are either burning money to buy users or profits are being divided among the team. This is a garbage scam project that offers no contribution to the crypto space, just bleeding retail investors.
Tens of thousands of dollars just slowly vanish, and 99.999% of coins in the crypto world are garbage.
Even if there are applications or projects, they are all just scams to steal retail investors' money.
Coins that can't generate their own revenue, or give dividends to holders or buy back most of the tokens to share profits, are all scam projects.
Apart from BTC and ETH, the only coins that can generate their own revenue are platform tokens, DeFi, and public chains.
Most of these that don't buy back tokens, once removed, leave only a few coins.
So, choosing coins still requires careful consideration; otherwise, it's better to just buy meme coins.