Worldcoin Reveals 1.3 Billion WLD Tokens Circulating, 13% of Total Supply

Worldcoin has recently disclosed details regarding the circulation of its WLD token. As of April 28, the circulating supply of WLD stands at approximately 1.3 billion tokens, which represents 13% of the total supply. This information was shared through the official Worldcoin blog, highlighting the distribution strategy of the WLD token.

The WLD token is primarily distributed through a process of human uniqueness verification, where individuals complete an Orb verification to receive the tokens. To date, over 12 million people have successfully completed this verification process. This method ensures that the distribution of WLD tokens is equitable and accessible to a broad audience.

The portion of WLD tokens held by the team and investors will be unlocked linearly over a period of up to five years. This phased unlocking is expected to be completed by 2028, ensuring a gradual release of tokens into the market. This approach aims to maintain stability and prevent sudden fluctuations in the token's value.

The announcement by Worldcoin provides transparency into the circulation and distribution of the WLD token. By disclosing the current circulating supply and the distribution method, Worldcoin aims to build trust with its community and stakeholders. The phased unlocking of tokens held by the team and investors further demonstrates a commitment to long-term sustainability and stability.