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§ Private Profile · Hong Kong, Hong Kong Island, Hong Kong
zk-powered Layer 2 blockchain for decentralized identity verification, combating AI fraud with biometrics for web3 applications.
Humanity Protocol, founded in early 2024 by Terence Kwok, who serves as interim foundation CEO alongside Yeewai Chong, develops a zk-powered Layer 2 blockchain for decentralized identity verification. This innovative platform leverages palm scan biometrics to authenticate unique human users, directly combating the growing threats of AI-driven fraud and deepfakes across the web3 ecosystem. The company has successfully raised $30 million in funding, achieving a notable $1 billion valuation, despite its undisclosed location. Humanity Protocol enables verifiable credentials for various attributes, supporting critical web3 applications such as airdrops, governance, and user-controlled data ecosystems. While approximately 9 million Human IDs have been created, fewer than 1 million are verifiably human due to widespread bot activity, a significant challenge acknowledged by the founder following a token launch in June 2024 that saw prices plummet. This highlights the ongoing effort to ensure genuine human participation.
Humanity Protocol has raised $50.0M across 2 funding rounds.
Humanity Protocol has raised $50.0M in total across 2 funding rounds.
Humanity Protocol has raised $50.0M across 2 funding rounds. Most recently, it raised $20.0M Other Equity in January 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 27, 2025 | $20M Venture Round | Jump Crypto, Pantera Capital | — | Announced |
| May 15, 2024 | $30M Seed | Kingsway Capital | — | Announced |
Humanity Protocol has raised $50.0M in total across 2 funding rounds.
Humanity Protocol's investors include Jump Crypto, Pantera Capital, Kingsway Capital.