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"20% of all Worldcoin tokens will be set aside for the development team. In crypto, this used to be known as a “premine” and ranks among the biggest red flags t
by vdddv 5y ago
"20% of all Worldcoin tokens will be set aside for the development team. In crypto, this used to be known as a “premine” and ranks among the biggest red flags that a project is intended to enrich insiders." https://www.coindesk.com/tech/2021/10/25/why-everyone-is-mad-at-sam-altmans-worldcoin/ https://www.coindesk.com/tech/2021/10/25/why-everyone-is-mad...
- dmix 5y agoSo basically XRP but with even worse privacy implications.
- anonporridge 5y agoAlso ethereum.
- optimalsolver 5y agoIndeed, Ethereum not only had a ridiculous premine, but they forked the entire thing after a bunch of insiders were about to lose a ton of money in the DAO hack.