The tokenomics model is good including the vesting and unlocks.
With that said, expected financial growth for a data center would be between 50% and 100% per year, so I think that's decent growth to maintain the token price over the years as long as 100% of profits goes to the token economy. I do happen to know a data center around that size and they are generating profit margins of about 10% but they have a pretty big debt to carry, in this case I don't know how they will structure their financials but assuming they reach about 20% profit margins and it all go in the token economy, then we are talking about $1M a year of buying volume per year growing at 50% to 100% per year if they reinvest to grow...
All of this means, they should highly implement a staking program to ensure the token price doesn't fluctuate too much. I feel this certainly qualify as a security token, but they are not really following security token offering which could be a problem.
I think it's a good project overall, I would tweak a few things to grow from 3 stars to 4 or 5 stars. Regardless, I'm happy to see more web3 economies built on top of web2 business models. Show Less
