Originally set to unlock over three years, the tokens will now become accessible for early contributors and investors over five years, beginning on July 24, 2024.
Tools for Humanity (TFH), the developer behind the Worldcoin project, has announced changes to its native token unlock schedule.
According to a July 16 blog post, TFH is extending the unlock schedule for 80% of Worldcoin (WLD) tokens held by its team members and investors. Originally set to unlock over a period of three years, the tokens will now become accessible over a five-year span, starting on July 24, 2024.
With this change, the affected tokens will unlock progressively over the following four years, concluding by the end of July 2028. Tools for Humanity disclosed the decision to the Worldcoin Foundation on July 15, citing the protocol’s long-term vision.