🎉 Holonym has just secured $5.50M in its latest funding round! 🎉
🔹About: Holonym Crypto Project is an innovative initiative focused on enhancing digital identity security for the decentralized web. Founded by the Holonym Foundation, it recently secured $5.5 million in seed funding led by Finality Capital and Paper Ventures. Holonym aims to provide a global digital personhood through its unique “Human Keys” technology, which transforms biometric data into cryptographic keys. This approach shifts the ownership of digital assets from random seed phrases to human biometrics, ensuring a more secure and user-friendly experience. The project includes three core protocols: Mishti Network, Zeronym, and an Actively Validated Service (AVS) on Eigenlayer. These protocols leverage advanced cryptographic solutions to offer robust data privacy and security. Holonym’s vision is to empower individuals with self-sovereign identity, enabling them to own, govern, and selectively share their data with strong privacy guarantees. By integrating these principles, Holonym aims to bridge the gap between Web2 and Web3, making decentralized applications more accessible and secure. This project represents a significant step towards a more decentralized and privacy-focused internet. 🚀
🔹 Lead Investors: Arrigngton XRP Capital, Draper Dragon, Daedalus, Paper Ventures, WAGMI Ventures and many more.
🔹 Total Raised: $5.50M.
🔹 Project Category: Web3, Digital Identity.
🌟If You find this post useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻
#web3 #ArtificialInteligence #digitalcrypto #Binance #bitcoin $EDU
