Treating WLD as a business, its profit model currently does not seem clear. The Worldcoin project verifies user identities using iris scanning technology and distributes a certain amount of WLD tokens as rewards. However, this model has not generated direct operating revenue; the project has a market value of $24 billion, but its operations seem primarily reliant on token sales. The sustainability of this model is indeed questionable, especially considering the significant token unlock pressure, such as 3 million WLD being unlocked daily for 1460 consecutive days, which will undoubtedly put pressure on the market.
Additionally, the token economics model of Worldcoin shows that most tokens will be allocated to users, while those allocated to ecological funds and network operations are used to support the project's ongoing development. However, without clear profit channels and sources of income, this model may be difficult to sustain in the long term. Particularly considering the high volatility and uncertainty of the cryptocurrency market, as well as the regulatory risks and technical challenges faced by the Worldcoin project, all of these could pose threats to the project's long-term success.
Therefore, for investors considering investing in WLD spot, it is crucial to carefully assess the project's fundamentals, market trends, potential risks, and future profitability. In the current market environment, investors should closely monitor the project's progress, market dynamics, and any factors that could affect token prices and project sustainability.