Humanity Protocol Launches The Humanity Foundation

Today, we’re proud to announce the launch of Humanity Foundation, which will serve as the cornerstone for fostering innovation and long-term growth within the ecosystem by establishing ecosystem funds and community growth incentives.

The newly formed Foundation will be helmed by industry veterans, Yat Siu, Chairman of Animoca Brands, Mario Nawfal, Founder of International Blockchain Consulting, and Yeewai Chong, a former investment professional from Morgan Stanley and Ortus Capital. 

What is the Humanity Foundation?

Humanity Foundation was formed to invest in projects that leverage Humanity Protocol’s Proof of Humanity. It will drive innovation on Humanity Protocol by funding research and development and exploring new frontiers in decentralized identity verification and use cases. The Foundation aims to drive global adoption and demonstrate the potential of non-invasive biometrics and decentralized identity solutions.

The core team at Humanity Protocol is building a holistic identity solution that will empower users to enjoy a more seamless, human-centric experience, both online and offline. Besides establishing greater trust and cracking down on bots in online spaces, Proof of Humanity opens doors to new possibilities for users to perform a wide range of tasks in the physical world, such as paying for goods and services and accessing buildings and events, by linking their permissions to their biometrics in a secure, privacy-focused way. Foundation is positioned to build a resilient, vibrant ecosystem that supports a wide range of use cases and global scalability.

Yat Siu, Mario Nawfal, and Yeewai Chong will serve as founding directors of the board, and Chong will simultaneously hold the role of interim CEO of the foundation. Chong is a veteran in the financial services sector with a Ph.D. in economics from Stanford University, and has previously held investment roles at Morgan Stanley and Ortus Capital. 

A Major Milestones in Humanity Protocol’s History

The Humanity Foundation is poised to accelerate the adoption of Proof of Humanity while empowering developers and communities to build impactful applications that solve pervasive digital identity problems. This marks the start of an exciting journey toward shaping a more secure, trusted, and human-centric digital future. We’re gearing up to make big moves in 2025. The launch of the Humanity Foundation is only the first of many major milestones to come.