From a Bold Idea to 2M Human IDs Created: Humanity Protocol's 2024 in Review
Humanity Protocol laid the foundation for success this year — but the real work begins now.
Dec 31, 2024
Company
What a year it’s been for Humanity Protocol!
From numerous major milestones to being on the precipice of global adoption, 2024 has truly been a defining chapter in our journey to reshape digital identity and trust. From more secure payments to unprecedented control over our personal data, this year was a testament to the demand for Proof of Humanity.
Here’s a look back at the incredible strides we’ve made this year:
Emerging from Stealth with a Bold Vision
In February, Humanity Protocol emerged from stealth mode with the view to solve some of the most pervasive issues in digital identity management.
Founded by tech entrepreneur Terence Kwok, and guided by a council of high accomplished Founding Humans including Yat Siu of Animoca Brands and Sandeep Nailwal of Polygon Labs, the protocol was set to redefine how we manage our personal data and identity on a daily basis using palm recognition technology.
Humanity Protocol aimed to solve the identity problem for billions of people by putting control over their personal data back in their hands, addressing the widespread bot problem online, and providing a seamless identity verification experience both online and offline to perform any daily task — from accessing buildings to making payments with a wave of their hand.
$30M Raised to Power the Future
In April, we reached a monumental milestone — securing $30 million in funding at a $1B valuation. With investors such as Kingsway Capital, Animoca Brands, and Polygon Labs backing Humanity Protocol's bold mission to solve the digital identity problem, this raise not only cemented confidence in our vision but also equipped us with the resources to accelerate development and scale our infrastructure.
With this support, we got to work to bring Humanity Protocol’s potential closer to reality.
Humanity Protocol's very first integration
In May, LayerZero integrated with Humanity Protocol, joining its zkProofer Network.
LayerZero Labs is the leading software development company that built LayerZero, an interoperability protocol that empowers developers with essential tools to facilitate smooth data movement, token issuance, and dApp development across multiple blockchains.
Scalability and interoperability are ingrained in both Humanity Protocol and LayerZero Labs' DNA, reflecting our shared commitment to advancing decentralized ecosystems.
Testnet Waitlist Surpasses 1 Million
By mid-year, the anticipation for Humanity Protocol’s Testnet was palpable.
Just before the launch of our highly-anticipated testnet, our waitlist surpassed an astonishing 1 million sign-ups, highlighting the global demand for a secure, decentralized identity solution. This surge of interest validated the need for our innovative approach to tackling Sybils, bots, and identity challenges in Web3.
Testnet Launches and Experiences Explosive Growth
September marked the much-anticipated launch of our testnet. Within just three months, over 2 million Human IDs were created. The rollout was split across three phases — reserving unique Human IDs, enrolling to the platform by scanning your palm using the mobile app, and finally palm vein scans for added protection.
This phenomenal adoption rate underscored the trust and enthusiasm for our unique blend of privacy, decentralization, and user-centric design. Participants across the globe began reserving their Human IDs, ready to fully enrol onto Humanity Protocol by scanning their palms in Phase 2 of the rollout.
Palm Scanners Go Global
One of our most exciting rollouts this year was the global deployment of Humanity Protocol’s palm scanners. These devices debuted at Humanity Protocol's booth at TOKEN2049 Singapore and showcased the tangible intersection of PoH's advanced technology and everyday usability.
From unlocking secure digital identities to enabling sybil-resistant mechanisms, users have embraced the range of possibilities these scanners offer. Stay tuned for updates on when the scanners will make their way to a city near you.
Looking Ahead: $H and Mainnet Launch
That's right, the ticker's $H. We're gearing up for the launch of our token in 2025.
We're also thrilled to tease the upcoming launch of our mainnet. These launches will mark the next phase in unlocking the full potential of Humanity Protocol, enabling decentralized governance and further empowering our community.
Thank You to Our Community
None of this would have been possible without you — our passionate community and supporters. Together, we’re building a future where identity is secure, decentralized, and human-centric.
Stay tuned for more updates as we continue this incredible journey into 2025!