Worldcoin Token Unlocking Details
On July 24, 2024, the gradual unlocking of 2.38 billion Worldcoin (WLD) tokens will begin. These tokens, currently valued at approximately $5.5 billion, are intended for investors and employees of Tools for Humanity (TFH).
The unlocking process will span four years, with 1.63 million WLD released daily. The Worldcoin team has already started preparations, transferring 990 million tokens to a new address and distributing 494 million WLD to 222 different addresses.
Previously, Worldcoin announced an extension of the token unlocking cycle from 3 to 5 years, ensuring a smoother distribution and minimizing potential market impact. The entire process is now expected to conclude by the end of July 2028, five years after the protocol launch.