There are of course both upside risks and downside risks on the price. But even with a price drop of 5X to 10X, in rural Malawi it could still be a very interesting resource.
They have a very aggressive set of adoption goals, and the vast majority of the world has incomes that are 10X to 100X higher than rural Malawi and many other parts of rural Africa, so to keep the adoption rates high, they will have to keep the adoption incentives significant relative to rural Africa’s very low incomes. This bodes well for the future prospect of the incentive retaining a significant value for rural Africans.
Worldcoin also has produced 1500 Orbs, and obviously will be expanding to many more countries. Of course, part of the whole project for Malawi would include setting up Orb operators in Malawi.
I wouldn’t assume this to be stable. Also, verification is currently only available in 18 countries: https://worldcoin.org/find-orb
There are of course both upside risks and downside risks on the price. But even with a price drop of 5X to 10X, in rural Malawi it could still be a very interesting resource.
I recommend reading the Worldcoin tokenomics white paper: https://whitepaper.worldcoin.org/tokenomics
They have a very aggressive set of adoption goals, and the vast majority of the world has incomes that are 10X to 100X higher than rural Malawi and many other parts of rural Africa, so to keep the adoption rates high, they will have to keep the adoption incentives significant relative to rural Africa’s very low incomes. This bodes well for the future prospect of the incentive retaining a significant value for rural Africans.
Worldcoin also has produced 1500 Orbs, and obviously will be expanding to many more countries. Of course, part of the whole project for Malawi would include setting up Orb operators in Malawi.