The decentralized identity identity protocol closed a financing cycle of $ 20 million, bringing its evaluation to $ 1.1 billion.
The financing tour was co-directed by Pantera Capital and Jump Crypto, according to an announcement by email.
The project raised $ 30 million to a billion dollars assessment in May 2024
Humanity plans to use the new capital to accelerate the development of its consensus mechanism for proof of humanity and integrate it into the main web 3 platforms.
The protocol, which uses palm analyzes to verify identity, aims to compete with the WorldCoin project of the founder of Openai, Sam Altman, which is built around the digitization of user IRIS.
Read more: The co-founders of Lido said they trace the competitor of the global network of Sam Altman
