Worldcoin token jumps over 20% with unlock for early contributors starting next week, period extended | Headlines | News | CoinMarketCap

07/16/2024 21:27
Worldcoin token jumps over 20% with unlock for early contributors starting next week, period extended | Headlines | News | CoinMarketCap

Worldcoin, the human-verification crypto project co-founded by Open AI CEO Sam Altman, has announced that early contributors to its efforts will …

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.

The project said the unlocking schedule for those tokens has also been extended.

"WLD tokens allocated to the investors and team members of Tools for Humanity (TFH), early contributors to the Worldcoin project, are scheduled to begin unlocking daily in a linear fashion," the project said in a blog post. "This week, TFH informed the Worldcoin Foundation that—in a move aligned with the long-term nature of Worldcoin’s mission— the unlock schedule for 80% of the WLD held by TFH’s team members and investors is being extended from 3 to 5 years."

The WLD token was up more than 22% to $2.44 at …

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