Only 10 Worldcoin wallets control 98% of total WLD supply
Worldcoin (WLD) is a blockchain-based digital project co-created by Sam Altman, the CEO of OpenAI. Here are the key points:
– The top 10 addresses holding Worldcoin ERC-20 tokens own 98.63% of its total supply.
– The top two holders are smart contract addresses, holding 52.5% of all coins.
– The top 2 contracts, belonging to the Worldcoin Foundation, are set as “Community Tokens Unlock Contracts” and are not yet in circulation.
– Wallets 1 and 2, set as “TFH Team/Investors/Reserve Vesting/Unlock”, hold 13.41% and 10% of the supply respectively. TFH is the company in charge of Worldcoin’s creation.
– There is an address, unknown to etherscan.io and the whitepaper, that belongs to Three Arrows Capital and holds 0.75% of all WLD.
– Binance, the cryptocurrency exchange, holds around 0.31% of the supply.
The Worldcoin project has raised concerns about privacy due to its Proof of Personhood distribution method.