Humanity Protocol raises $30M in a Seed funding round

#HumanityProtocol secures $30M in a Seed funding round led by Kingsway Capital with participation from Animoca Brands, Blockchain Cоm, and Shima Capital. Raised funds will be used to accelerate the development and deployment of the Humanity Protocol, enhancing its scalability, efficiency, and user accessibility.

Humanity Protocol is a network aimed at providing sybil-resistant blockchain solutions to authenticate the first billion users on the web. Previously, the project closed a Strategic funding round backed by Hashed, Mechanism Capital, Cypher Capital, Foresight Ventures, and others.

👉 medium.com/@humanityprot/humanity-protocol-raises-30m-at-a-1-billion-valuation-to-build-zero-knowledge-worldcoin-fdf79ad2192e

​​LayerZero announces a partnership with Humanity Protocol

#LayerZero partners with #HumanityProtocol , a network aimed at providing sybil-resistant blockchain solutions. Through this partnership, LayerZero will join Humanity Protocol's Verifier Node Network to authenticate credentials using ZK proofs, ensuring privacy.

LayerZero is an interoperability protocol linking various blockchains, enabling developers to create cohesive omnichain applications, tokens, and experiences. The project raised $263.3M in 5 funding rounds with participation from Binance Labs, a16z, Coinbase Ventures, OKX Ventures, Sequoia Capital, Multicoin Capital, and others.

Humanity Protocol, a decentralized identity solution, has raised $30 million, raising its valuation to $1 billion.

The $30 million Seed Round, led by Kingsway Capital, will be used to expand its product development unit.

#HumanityProtocol #humanity #MicroStrategy #buythedip