A few days after the mainnet was released, Humanity Protocol's H-Token made a full dilution rating (FDV) of nearly 400% per week, spiked $1 billion.
Humanity, a distributed identity protocol, uses Palm Scans to verify identity with extremely high accuracy. Initially, this can be done in the app using your smartphone's camera. However, in later stages, humans use infrared technology to scan palm veins and deploy special scanners for even more accurate results. These are suitable for business and other public uses.
Humanity claims that 800,000 users have signed up for human IDs with palm scans. H-tokens have skyrocketed 40% over the past 24 hours.
H Market Cap
Fairdrop
Humanity, a Layer 2 blockchain built on polygons, utilizes a palm scan-based humanity consensus mechanism. This uses zero knowledge proofs to protect your personal information, allowing you to make sure you are not a bot or a con man. Only users have full access to personal information.
The launch of the token on June 26th came just after early users and supporters were able to use humanity's scanning technology to assert H-tokens via “fairdrops,” which ensure that only humans received the token without receiving bots, people with multiple false identities, or sybils.
“Most airdrops are cultivated with bots. Most tokens go to the wrong people. We're fixing that,” Humanity Protocol said in X.
