Worldcoin Token Unlock Extended to Five Years
Worldcoin has announced that the unlock schedule for 80% of WLD tokens allocated to investors, Tools for Humanity developers, and early participants has been extended from three to five years. These tokens will begin circulating on July 24th.
Key Highlights:
- Over six million users have verified their identities using the Orb and have a World ID, a secure and anonymous digital passport.
- The project rewards users with WLD tokens for identity verification.
- World ID holders have already claimed approximately 211 million WLD, representing over 77% of the 275 million WLD in circulation.
- The extended unlock schedule will slow down the growth of the coin’s market supply.
- From July 24th, around 2 million WLD will enter the market daily, compared to approximately 3.3 million tokens under the initial plan.
- Following the announcement, the price of WLD has surged over 34% in the past 24 hours and 51% over the past week, trading at $2.9.
- The market capitalization of WLD has reached ~$806 million, ranking it at 101st on CoinGecko.
Worldcoin continues to build momentum, with its recent hiring of high-profile executives from Apple, Google, Meta, Tesla, and X. The Worldcoin Foundation has also launched a preview version of its L2-solution, World Chain, for developers.
You can learn more about Worldcoin at [https://worldcoin.org](https://worldcoin.org).
