In a world where digital identities are the new currency, Humanity Protocol has emerged from the shadows, boasting a staggering valuation of $1.1 billion after a mere $20 million funding round. Led by the titans of finance, Pantera Capital and Jump Crypto, this venture is set to revolutionize the very fabric of our online existence. Who knew a few million could buy you a ticket to the digital identity revolution? 💸
Terence Kwok, the mastermind behind this audacious endeavor, has declared that Humanity Protocol will soon unveil its own crypto token. Yes, you heard it right! A token to rival the infamous WLD token. Because why not add more chaos to the crypto circus? 🎪
Humanity Protocol Vs Worldcoin
Humanity Protocol, a digital identity firm, has positioned itself as the David to World Network’s Goliath (formerly known as Worldcoin). With a fully diluted valuation of $1.1 billion, it seems the slingshot is well-funded. 💪
This impressive valuation is a direct result of the recent fundraising round, courtesy of Jump Crypto and Pantera Capital. Who knew that a few investors could turn a startup into a billion-dollar behemoth overnight? 🤑
“At Humanity Protocol, we’re committed to empowering individuals with digital identities that are truly their own. This investment from Jump Crypto and Pantera Capital brings us one step closer to realizing a future where trustless, decentralized identity solutions are the norm,” proclaimed Terence Kwok, the visionary founder of Humanity Protocol. Sounds like a utopia, doesn’t it? 🌈
Before this, Humanity Protocol had already made waves, achieving a $1 billion valuation last May. Their secret weapon? Palm scans for identity verification—because who needs invasive iris data when you can just scan your hand? 🙌
Meanwhile, World (formerly Worldcoin) has been busy dodging legal bullets, as a German court recently ordered it to delete biometric data of EU users. Talk about a digital identity crisis! ⚖️
In a recent tête-à-tête with Reuters, Kwok reiterated the imminent launch of their own token, a strategic move to compete with World Network on yet another front. Because why not throw more tokens into the mix? 🎉
World Network’s WLD token saw a spike after Trump’s announcement of a major US AI investment, but like a rollercoaster, its price has been anything but stable. 🎢
Humanity Protocol has laid out a few grand plans for utilizing this newfound funding. With Pantera Capital’s unwavering bullish outlook on the crypto market, Humanity is poised to scale its operations and expand its global reach. Who knew that a little cash could lead to world domination? 🌍
The announcement also hinted at outreach efforts, including partnerships and developer grants. Kwok even shared a delightful tidbit: both Humanity Protocol and World Network are optimistic about a Trump presidency. Because nothing says innovation like a political figure known for his tweets! 🐦
Kwok expressed his excitement for the new innovations that will flourish under this administration. After all, Sam Altman, the founder of Worldcoin and OpenAI, is already cozying up to the new regime. What could possibly go wrong? 🤔
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2025-01-27 21:55