The anti-witch blockchain network Humanity Protocol has completed a new round of financing of $30 million at a valuation of $1 billion, led by Kingsway Capital
ChainCatcher news, according to Bloomberg, the anti-witch blockchain network Humanity Protocol announced the completion of a new funding round of $30 million at a valuation of $1 billion, led by Kingsway Capital, with participation from Animoca Brands, Blockchain.com, and Shima Capital. Founder Terence Kwok stated that the company also raised about $1.5 million from influential crypto figures in the "KOL" space. Kwok mentioned that the startup plans to launch its test network in the second quarter, with a waiting list of approximately 500,000 people. When launching its technology, it plans to first release an application that can use smartphone cameras to scan people's palm prints to verify their identity.Additionally, the Web3 asset data platform RootData shows that Humanity Protocol is an anti-witch blockchain network that provides developers with a unique human verification mechanism and offers users complete ownership of their data and identity.