Humanity Protocol

28 Feb 2024 - 28 Jan 2025
Easy High Reward Hot Epic Limited Visit Website

Humanity protocol is a purpose-built Ethereum L2 blockchain built around human identity verification purposes. It implements a pioneering Proof of human consensus mechanism and palm scanning protocol to achieve more private, and secure user identity verification. It is powered by the native $H token, the main utility of which is to pay rewards to zkProofers. 

Since its launch in 2023, the Humanity Protocol has raised over $50M from multiple top-tier investors including Pantera Capital, Shima Capital, Jump Crypto, and others.link

CoinLaunch Score: Very High
Last update: 07 Nov 2023

Humanity Protocol - WAITLIST Overview

Ticker: (H)
Start Date: 28 Feb 2024
End Date: 28 Feb 2024
Country: +1
Whitelist: No
KYC: No
Bounty: Yes
MVP: Yes
Security Audit: No
Raise Fund: $50,000,000

Humanity Protocol - Review

Humanity Protocol is a Sybil-resistant Ethereum L2 blockchain built upon Polygon CDK and powered by Zero-Knowledge technology. 

It simplifies the process of verifying the humanness of users across various web2 and web3 platforms for people without the need to ask users for any vulnerable or personal information such as ID card, home address, etc. This way the platform aims to create a more robust and trustful foundation and mechanism for companies to more effectively, cheaper, and faster get rid of the bots and sybils and validate the identity of the specific user.

Designed with privacy in mind, the Humanity Protocol has two main concepts:

  • Palm scanning: Precise and private method of verifying the identity of the user, taking advantage of every human’s anatomical uniqueness;
  • Proof of humanity (PoH): A consensus mechanism tailored specifically for effective, fast, and cheap humanity verifications. It is powered by node runners called zkProofers, who verify human identities using the ZK proofs model and earn rewards in $H tokens for each successful validation.

Learn more about the Humanity protocol crypto network on its website page.

Humanity protocol token ($H): According to the website of the project, $H will be the main Humanity protocol coin used for paying rewards to node validators. While the other token utilities haven’t been mentioned yet, the CoinLaunch team assumes, there is going to be an added staking functionality to secure the consensus mechanism of the platform and a governance feature to enable decentralized voting among its community.

As of January 27th, 2025, the Humanity protocol crypto project running a public testnet, suggesting a Humanity protocol airdrop to its participants, yet the share of the total supply that will be allocated for airdrop remains unknown.

 

Considering the rising interest among Web3 users, the CoinLaunch team conducted a research on the Humanity Protocol app and prepared a comprehensive list of pros and cons of the project:

✅ Humanity protocol pros:

  • Interesting concept and design of the product with potential in a real-world economy;
  • The project, being experts in Sybil protection, is most likely to distribute more fair airdrop compared to the other L2 networks
  • Very high PR performance;
  • High SEO, Growth Marketing, and Marketing Infrastructure scores;
  • Above the average SMM, and Influencer Marketing performance;
  • A diverse network of top-tier backers and angel investors;
  • Decent network of partners collaborating with the project;
  • One of the team members has work experience in EA games.

❌ Humanity protocol cons:

  • No security audits;
  • No tokenomics;
  • No roadmap;
  • No docs/whitepaper;
  • Lack of work experience in top-tier crypto companies among other core team members.

Humanity Protocol - Team

Rahul Sharma

João Machado

RoadMap