🎉 Humanode has just secured $10.00M in its latest funding round! 🎉
🔹About: Humanode is a project that integrates human biometrics with blockchain technology to create a decentralized and egalitarian financial system. Unlike traditional Proof-of-Work (PoW) or Proof-of-Stake (PoS) systems, Humanode uses Proof-of-Uniqueness and Proof-of-Existence, ensuring that each node is operated by a unique, living human being. This approach aims to eliminate the centralization and inequality often seen in other blockchain networks. By leveraging the Substrate framework, Humanode provides a secure and scalable platform for decentralized applications and collaborative organizations. The project emphasizes privacy through advanced biometric verification and liveness detection algorithms, ensuring that personal data remains secure. Humanode’s governance model is based on the principle of “one human, one node, one vote,” promoting true decentralization and democratic decision-making. Founded by Dato Kavazi and Victor Smirnov, the project has grown significantly since its inception in 2020, now boasting a diverse team of experts from around the world. With its innovative approach, Humanode aims to set a new standard in blockchain technology, focusing on inclusivity, security, and sustainability. 🚀🌐
🔹 Lead Investors: Shima Capital, Sandeep Nailwal, GenBlock Capital, Republic, Wintermute and many more.
🔹 Total Raised: $21.64M.
🔹 Project Category: Digital Identity, Layer-1.
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