Tokens distributed to Tools for Humanity investors and team members will begin entering the circulating supply of WLD tokens next week.
Worldcoin, the human-verification crypto project co-founded by Open AI CEO Sam Altman , has announced that early contributors to its efforts will begin to see their WLD tokens unlock starting next week."WLD tokens allocated to the investors and team members of Tools for Humanity , early contributors to the Worldcoin project, are scheduled to begin unlocking daily in a linear fashion," the project said in a blog post.
Investors and those working for Tools for Humanity have been allocated locked WLD tokens for "their respective contributions," the post said. Worldcoin said, "WLD grants for verified World ID holders are not affected," adding that "more than 211 million WLD have been claimed by World ID holders, representing more than 77% of the 275 million WLD currently in circulation."
The project stated that "7.22 billion WLD remaining in the Worldcoin Community pool, which is administered by the Worldcoin Foundation and its affiliate entity World Assets Ltd for the purpose of supporting the long-term sustainability of the Worldcoin project." Tools for Humanity investor and team member tokens, which start unlocking next week, "will begin to enter the circulating supply of WLD," Tuesday's blog post also said.Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures.
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