#wld World Coin is a good project, but the downside is that it raised over $200 million in early stages and issued over 1 billion tokens, causing institutions that invested in 2021 and 2022 to have costs below $0.1. The $115 million invested in 2023 is now higher than the current price(, so the proportion of tokens given relative to unlocked tokens is not high). Especially in Series A, bankrupt Three Arrows Capital and FTX were early investors (Three Arrows sold daily tokens immediately, FTX sold at unified market price discounts). Their cost is estimated at $0.01-$0.02, with $25 million issuing approximately 1.25 billion tokens. Meanwhile, the project's free tokens are nearly 1 billion, continuously being sold at OTC discounts with 50% haircuts being common.

So basically, before 2028 when unlocking completes, it's difficult to pull prices much higher.

If you buy this token, you need to hold it until 2029-2030 to see if there's hope to make some profit.

This is a typical VC token where project teams and institutions exit first. Whether retail investors get any upside depends on project development. Most likely scenario is that project teams and VCs complete their exit.

The project is separated from the crypto industry, and the risk of raising funds, developing itself, and then running away is large.

High risk, potentially very high returns.