Detailed explanation of the Worldcoin whitepaper: How is the distribution and release of WLD tokens done? The distribution and release of WLD tokens in Worldcoin is designed to ensure fairness and encourage widespread participation. Here is a breakdown of how it is done: 1. Initial Distribution: - A portion of the WLD tokens are allocated to the founders, early contributors, and the Worldcoin Foundation for their role in developing the network and initiating the project. - Another portion of the tokens is reserved for partnerships, strategic investors, and advisors who provide support to Worldcoin. 2. Mining Rewards: - Worldcoin adopts a proof-of-work consensus mechanism, where miners contribute computational power to secure the network and validate transactions. - Miners who successfully mine new blocks are rewarded with newly minted WLD tokens as an incentive for their participation and contribution. 3. Vesting Schedule: - To ensure a controlled release of WLD tokens and prevent market manipulation, a vesting schedule is implemented for the tokens allocated to the initial distribution recipients. - This means that these tokens will gradually become accessible over a predetermined period, often in regular intervals, rather than being immediately available for use or sale. 4. Community Airdrops: - A certain amount of WLD tokens are allocated for community airdrops. - Community airdrops are conducted to distribute tokens to users who actively participate in the Worldcoin ecosystem, such as by holding a certain amount of tokens, contributing to the development, or participating in community initiatives. It is important to note that the specific details of the WLD token distribution and release may be subject to change and are outlined in the Worldcoin whitepaper, which provides a comprehensive and up-to-date explanation of the project's approach.