Bitcoin

Worldcoin

Claim Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.Lol</a>The WLD Coin team has postponed the token unlocking period from 3 years to 5 years. Meanwhile, Bitcoin (BTC) has seen a V-shaped recovery, trading above $63,500. Despite earlier doubts, investors are now setting their sights on a price target of $70,000.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/60de73968c734b9eb1f9ee895fb25190.png" />Cryptocurrencies are on the rebound, and a key positive sign for an altcoin is a delay in token unlocking. The WLD Coin team has just announced that they will push back the <a href="https://cryptosheadlines.com/27-altcoins-set-for-token-unlock-events-in-the-coming-week-see-the-list/" rel="noopener noreferrer nofollow">token unlocking</a> period. This news caused the price to rise as <a href="https://cryptosheadlines.com/cardano-ada-investors-anticipate-upward-movement-ripple-xrp-sees-temporary-surge-furrever-token-captivates-with-15x-potential/" rel="noopener noreferrer nofollow">investors anticipate that a large number of tokens</a> will not be entering circulation right away. Let’s look at the details of this postponement.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/7bc6a929e1034a19ba676315a69c8834.png" /><h3 id="wld-coin-delays-token-unlocking-from-3-to-5-years">WLD Coin Delays Token Unlocking from 3 to 5 Years</h3>Bitcoin (BTC) is trading above $63,500, showing a V-shaped recovery despite recent concerns over MTGOX transfers. While some investors remain cautious about the sustainability of this upward trend, there are strong indicators suggesting a potential target of $70,000. In this positive market environment, the WLD Coin team, known as Tools for Humanity (TFH), has announced a delay in the unlocking of <a href="https://cryptosheadlines.com/non-verified-users-can-reserve-worldcoin-wld-tokens/" rel="noopener noreferrer nofollow">WLD tokens</a> allocated to investors and team members.Initially set to unlock over three years, the release of 80% of these tokens has now been extended to five years. This decision aligns with the long-term goals of Worldcoin’s mission. According to TFH, starting from July 24, 2024, WLD tokens allocated to TFH investors and team members will begin to unlock gradually each day. TFH, which played a key role in developing Worldcoin and later transferred governance to the Worldcoin Foundation, continues to support the project by operating the World App, the first wallet compatible with Worldcoin.<h3 id="wld-coin-unlocking-extended-to-5-years">WLD Coin Unlocking Extended to 5 Years</h3>The announcement from Tools for Humanity (TFH) outlined that starting July 24, 2024, the WLD tokens allocated to TFH investors and team members will begin unlocking daily in a linear fashion. This update extends the original three-year unlocking schedule to five years.<a href="https://cryptosheadlines.com/bonk-surpasses-wif-to-become-fourth-largest-memecoin/" rel="noopener noreferrer nofollow">Also Read: Bonk Surpasses WIF to Become Fourth-Largest Memecoin</a>This decision aligns with Worldcoin’s long-term vision and is aimed at maintaining stability. TFH, which was instrumental in the initial development of Worldcoin, had previously transferred governance to the independent Worldcoin Foundation prior to the <a href="https://cryptosheadlines.com/runes-protocol-launch-expert-flags-bearish-factors/" rel="noopener noreferrer nofollow">protocol’s launch</a>. Currently, TFH continues to <a href="https://cryptosheadlines.com/web3-foundation-supports-storagehub-gavin-wood-launches-podcast/" rel="noopener noreferrer nofollow">support the Worldcoin Foundation</a> and operates the World App, the first wallet compatible with Worldcoin.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/5eaacfb711394e57b354445e70b3c9ce.png" />Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

WLD Coin Team Postpones Token Unlock

Table of Contents

CryptosHeadlines.com

Andre artikler udgivet 17. jul. 2024

Catsaidmeow's MEOW Skyrockets 36.83% - Will It Hit $0.01 Soon?

Shiba Inu Soars with 2.6 Billion SHIB Traded in 24 Hours

Knockout Move: UFC Champion Alex Pereira Joins BlockDAG as Ambassador, Stealing Focus From Uniswa...

Solana (SOL) & Toncoin (TON) Price Overshadowed by MOONHOP’s Explosive Presale After Inching Clos...

Hop onto the MOONHOP Express: Blast Off for a 4900% ROI Ahead of the Bonk Surge and Popcat Chatter

PepeCoin Set to Explode: Major Partnership Rumors Swirl!

Join our free newsletter for daily crypto updates!