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Humanity protocol is a pioneering L2 Ethereum chain designed to facilitate personal identity verification in a more private and secure way - via palm scanning and a unique Proof of Humanity consensus mechanism. $H is a native token of the platform, mainly used for paying rewards to the network’s node runners.
On May 15th, 2024, the platform closed a $30M Seed funding round with the participation of Kingsway Capital, Animoca Brands, Blockchain.com, Hashed, Shima Capital, and 20 other industry-leading investors.