Open AI CEO's Altcoin Extended Lock Opening Date, Price Increased Sharply!

Worldcoin rose after the Tools for Humanity team announced that the unlocking period for its tokens was extended from 3 years to 5 years.

Worldcoin, the human verification-focused crypto project co-founded by OpenAI CEO Sam Altman, announced that it will unlock tokens belonging to investors and team members as of July 24.

The project also announced that the unlocking period for 80% of the tokens held by Tools for Humanity (TFH) team members has been extended from 3 years to 5 years. It was stated that the WLD tokens held by early contributors to Worldcoin will be unlocked starting next week. It was stated that the WLD tokens allocated to TFH's investors and team members will be opened gradually on a daily basis.

It was stated that 7.22 billion WLD remained in the Worldcoin Community Pool managed by the Worldcoin Foundation and its subsidiary World Assets Ltd. It was announced that TFH investor and team member tokens, which will be unlocked starting next week, will be included in the circulating WLD supply.

WLD tokens reserved for verified World ID holders will not be affected, with over 211 million WLD currently claimed, representing 77% of the 275 million WLD currently in circulation.

According to CoinGecko data, WLD price jumped with the announcement of the news. WLD rose 14.4% from $2.14 to $2.45.