Humanity Protocol (also styled "Humanity"; token ticker H) is a proof-of-humanity identity and Sybil-resistance protocol that issues decentralized identifiers (DIDs) and verifiable credentials to distinguish human users from bots.
Founded in early 2024 by Terence Kwok, the project's H token trades primarily on Ethereum (ERC-20), with a parallel implementation on BNB Smart Chain. Humanity Protocol also plans its own "Humanity Mainnet" L1/L2 network that would use H as its native gas token.
Humanity Protocol differentiates itself by tying token distribution directly to verified personhood rather than capital or hashpower, aiming to reduce Sybil attacks across airdrops, governance, and identity-gated applications.
Its initial "Fairdrop" allocated H only to addresses that completed proof-of-humanity verification, alongside early contributors and community participants. On-chain trading activity remains thin, with roughly $790,300 in seven-day volume as of 2026-09-01, reflecting a still-narrow active user base for the identity use case.
H functions as both a utility and, prospectively, a governance token within Humanity Protocol's identity network.
Holders use H to pay transaction fees, stake to help secure the network, and incentivize zkProofer Nodes that process identity verifications, with validator payments planned as the network matures.
H has a fixed maximum supply of 10,000,000,000 tokens, with circulating supply of approximately 1.99 billion as of 2026-09-01.
On-chain supply metrics show a slightly negative inflation signal, indicating a disinflationary emission trend.
H launched via an initial "Fairdrop" restricted to proof-of-humanity-verified addresses, supplemented by allocations to early community contributors, Kaito stakers, Discord members, and ecosystem builders.
Humanity Protocol raised $30 million in a 2024 seed round (Kingsway Capital, Pantera Capital, Jump Crypto) at a $1 billion valuation, followed by an additional $20 million from Pantera Capital and Jump Crypto in January 2025 at a $1.1 billion valuation, for $50 million raised total. The current Ethereum contract was deployed 2026-06-10, after the project's 2024 founding, following a full token migration.
H is an ERC-20 token issued on Ethereum, its canonical and current deployment, with a parallel implementation on BNB Smart Chain.
The underlying Humanity Protocol network uses a Proof-of-Humanity consensus mechanism, verifying real human participants via decentralized identifiers and credentials. Humanity Protocol also plans to relaunch its own "Humanity Mainnet" L1/L2 network, which would use H as its native gas token, though Ethereum remains the token's primary live deployment.
Humanity Protocol was founded by Terence Kwok in early 2024, who serves as Founder and interim CEO of the Humanity Foundation.
Yeewai Chong is named alongside Kwok as interim Foundation CEO. Yat Siu, co-founder of Animoca Brands, and Sandeep Nailwal, co-founder of Polygon Labs, are cited as advisors to the project.
Humanity Protocol is maintained by the Humanity Foundation, established as part of the project's 2026 restructuring following its security incident.
The Foundation operates the project's website, humanity.org, and its public code repository is published under github.com/humanity-org/hp-basic-token, a relatively minimal public codebase for a project of this size.
H is designed as the network's governance and utility asset, with holders intended to eventually vote on protocol upgrades and fee structures.
An on-chain governance framework allowing H holders to vote is reported as planned for 2026 but was not yet confirmed live as of 2026-09-01.
Humanity Protocol's primary announced priority following its 2026 security incident is relaunching its "Humanity Mainnet" network with the newly issued H token serving as native gas token.
An on-chain governance framework letting H holders vote on protocol upgrades and fee structures is also planned for 2026.
Humanity Protocol suffered a $36 million private-key exploit on 2026-06-08 after a phishing attack compromised Humanity Foundation wallet keys. The attacker drained about 141 million H from an Ethereum bridge and minted roughly 100 million H improperly on BNB Smart Chain, crashing H's price 76-90% in 48 hours.
It migrated to a new, audited Ethereum contract deployed 2026-06-10, airdropping replacement H 1:1 to pre-exploit holders and created an "H Compensation Fund."