Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
Humanity Protocol, the artificial intelligence startup behind the new “Proof of Humanity (PoH)” identity verification technology, teased “several major partnerships” in a Monday interview with Cryptonews.
Founded only last year, Humanity Protocol’s rapid ascent has spread across the A.I. and blockchain sectors for its novel approach slated to radicalize identity verification.
The company’s blockchain-focused Proof of Humanity (PoH) system verifies an individual’s identity via palm scanning technology. It is ready to give OpenAI founder Sam Altman’s Worldcoin a run for its money ahead of its testnet launch, which is scheduled to take place in the months ahead.
“During the testnet, mainnet and for five years beyond that, a portion of our tokens will be set aside for incentivizing new user participation and humanity verification,” Kwok told Cryptonews. “Unlike projects that offer single token rewards, Humanity Protocol aims to offer HP holders and our node operators a diverse range of token rewards from ecosystem projects, such as L3s and dApps.”
Set to announce “several major partnerships in the coming weeks,” the yet-to-be-revealed partnerships will serve as “Verifier Nodes” designed to maintain the system’s integrity as it onboards users later this year.
Just last week, the project announced a $30 million seed funding round that saw the company valued at $1 billion with key Web3 players such as Shima Capital, Animoca Brands, and Kingsway Capital participating.
How do we navigate a world where reality is increasingly blurred by the threat of deepfakes, and where truth and authenticity hang in the balance?
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