Humanity Protocol is a decentralized, Web3-based identity verification platform that allows users to maintain full control over their biometric and identity data. Unlike centralized government databases, it stores user information transparently and securely on the blockchain. Beyond being a biometric ID layer, Humanity functions as an open identity graph for verifiable data like education, employment, and event participation—while preserving user privacy.
With a 51.48% increase in the last 24 hours, H is among the top-performing assets of the day.
Despite a 35 million H token transfer to exchanges by Jump Trading, which sparked concerns of a potential sell-off, the token price continued to rise. The transfer, valued at $2.7 million, combined with the fact that H is a proxy contract (giving the team significant control over token functions), introduces risks that investors should be aware of. Nonetheless, market interest appears strong, possibly contributing to the recent price surge.
