Humanity Protocol published the token information long awaited by its investors. It was a matter of curiosity how the token supply would be. Project management shared token information with investors. Here are the details.
What is Humanity Protocol?
Humanity Protocol is a project that aims to provide innovative solutions in the fields of authentication and reliability using blockchain technology. By creating a decentralized and transparent system, Humanity Protocol aims to reliably verify users’ credentials and manage this information with maximum security. It is in an important position, especially after the recent increase in digital identity theft and security problems.
Humanity Protocol aims to provide maximum efficiency in authentication and management of this information. It develops the project in accordance with this purpose and plans its investments in accordance with this purpose.
How Will Humanity Protocol Token Distribution Work?
Humanity Protocol has set its total supply at 10 billion tokens. Token distribution announced that the project aims to grow different stakeholders and the ecosystem. Here is the token distribution;
Early Contributors (Team) = 19%: Reserved for the founding team and members who played a role in the development of the protocol, as well as early contributors.
Investors = 10%: Reserved for investors in the fund with the role of investors in the growth of the ecosystem.
Human Institute Strategic Reserve = 5%: earmarked for operational services and future strategic partnerships.
Foundation Operations Treasury = 12%: Reserved for Humanity Protocol liquidity, operational costs and future initiatives aligned with the Humanity Protocol mission
Ecosystem Fund = 24%: set aside to incentivize partners, developers and projects working on Humanity Protocol.
Authentication Rewards = 18%: A basic incentive pool for zkPoofer Node Operators has been created and will contribute long-term to authentication activities.
Community Incentives = 12%: Reserved for the airdrop and rewards program to keep users involved in the network.
With this distribution, Humanity Protocol shows that it aims to strengthen its technical infrastructure and community engagement. The project aims to provide innovative solutions for authentication and trustworthiness using blockchain technology.
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