Billions Network

bill
CoinYQ Dossier

From Polygon ID to AI-agent proofs: Billions built the identity product before BILL

Billions began with a practical identity question: can a service verify one fact without collecting a whole identity file? Its answer uses signed credentials and zero-knowledge proofs; BILL later put fees and incentives around the people who issue, check and use them.

The team behind Polygon ID and Privado ID takes its technology to consumers

Billions’ current account traces its team’s identity work to 2019 and names the progression Polygon ID, Privado ID, then Billions. This is the project’s account of its technical lineage, not evidence that every earlier venture was the same legal entity. Its earlier infrastructure served institutional identity checks; the next step was to let individuals carry proofs themselves.

The project dates the Billions consumer launch to February 2025. Instead of asking each service to collect another identity file, a user could present a signed credential and disclose only the fact the verifier needed. A DID connects the subject to cryptographic keys; the credential carries the issuer’s claim. Neither requires publishing a passport onchain.

The same design then acquired a second subject: an AI agent acting for a person. Deep Trust describes evidence about an agent’s creator, operator and behavior. In its 2026 roadmap, Billions places agent commerce and the Billions Wallet in early access. That is a stated product stage, not proof that every proposed payment or reputation feature is generally available.

A proof reveals an answer, not the whole file

Zero-knowledge proofs let a holder demonstrate a condition without sending every input used to calculate it. A verifier might learn that a uniqueness check passed while receiving less of the underlying biometric record.

The limit sits upstream. If an issuer checks the wrong person, accepts a forged source, or applies a weak liveness test, cryptography can faithfully prove a bad credential.

AI agents make accountability portable

An AI agent cannot hold a passport in the human sense, but it can carry signed attestations about who deployed it and which reputation events belong to it. Billions describes these attestations as a basis for accountable agent interactions.

This is still a policy network. Issuers decide which events count, verifiers decide which issuers they trust, and the project’s adoption figures remain self-reported.

BILL does not turn those choices into neutral facts; it is proposed as collateral, fee payment and reputation stake around them.

BILL gives the credential market a payment rail

The ten-billion supply is divided among community, foundation, contributors, investors and creators. With zero stated inflation, staking and growth rewards come from allocated pools, and scheduled unlocks can increase tradable supply even though the cap stays fixed.

BILL now appears across Ethereum, Mantle, BNB Smart Chain and Solana. The token can move in several settlement environments, while credential issuance and verification remain an application process above them.

The legal operator still decides the edges

The MiCA paper names Billions Limited in the BVI as token issuer; current service terms name Billions Network S.A. as platform operator. A user may therefore face different entities for token disclosure and identity service.

Privacy follows the same division. A proof can reveal less to a verifier while biometric and KYC providers still receive source data under stated retention periods.

Current documents promise later governance but deny present voting, equity, repayment and profit rights. BILL can buy or secure a service without making its holder an owner of the identity system.

How the project changed

  1. 2019
    Identity work predates the consumer brand

    The team dates its technical work to 2019 and describes a Polygon ID–Privado ID lineage.

  2. 2025-02
    The public network launch period begins

    Billions' token overview dates project launch to February 2025 and reports subsequent user growth as a project metric.

  3. 2025-11-21
    The token issuer is incorporated

    Billions Limited is registered in the British Virgin Islands, according to the MiCA paper.

  4. 2025-12-29
    A modified MiCA paper is notified

    The current paper records notification to Spain's CNMV and identifies the issuer, allocation and holder-right boundaries.

  5. 2026-01-26
    Admission and public-offer date is stated

    The white paper gives 26 January 2026 as the starting and publication date.

  6. 2026
    Agent commerce enters early access

    The project places agent commerce and Billions Wallet in early access; general availability is not established by this claim.

Evidence and primary sources

Last evidence review: 2026-09-05

What is Billions Network?

Billions is an identity service for proving limited facts about a person or AI agent. An issuer signs a digital credential; its holder can later prove a required fact to a verifier without handing over the complete source record. A decentralized identifier, or DID, names the subject and its keys, while a zero-knowledge proof can answer a narrow question such as uniqueness without exposing every stored attribute.

BILL is the network’s payment and incentive token. Project documents assign it to credential and verification fees, discounts, attester participation, reputation staking and AI-agent collateral. Owning BILL does not itself prove that someone is human, identify who operates an agent, or make a credential trustworthy.

What problem does Billions Network solve?

Billions carries the Polygon ID and Privado ID team’s credential technology into a consumer service for people and their AI agents. Repeated identity checks force users to share the same sensitive records with many services. Portable credentials offer another route: obtain an issuer’s signed statement, then prove the required condition without sending the entire source file.

This shifts trust rather than removing it. Credential issuers choose what to sign, verifiers choose acceptable evidence, and liveness or KYC providers still process sensitive inputs. The proof can hide unnecessary data from the verifier, but it cannot make a false source document true.

How does Billions Network work?

A person completes a mobile or web check and receives a signed credential linked to a DID. When another service asks for proof, the holder produces a cryptographic statement derived from that credential. The verifier checks the signature and proof, not necessarily the original face image or identity document. AI-agent credentials apply the same pattern to origin, operator and reputation claims.

BILL arrived as the economic layer around this exchange. Its fixed ten-billion pool funds fees, discounts, staking and ecosystem rewards; rewards drawn from the community allocation redistribute existing tokens rather than create new ones. Token transfers settle on several public chains, while Billions issuer nodes and attesters handle credential claims. These are different jobs.

The platform remains institutionally operated. Billions Limited issued the token, while Billions Network S.A. publishes the service terms. Token-holder governance remains a later phase, so a holder’s balance does not currently transfer those operating decisions to them.

Key facts

  • Exact representations: Ethereum 0xb1110919016846972056ab995054d65560d5f05e; Mantle 0x55b9f84605b30df9bb9d817a6900219f25218157; BNB Smart Chain 0xdf24f8c21cb404b3031a450d8e049d6e39fc1fa5; Solana Bi11Je4MH3PpyCNiuTAepRbsA5U6DK3DJy79ZFthddX.
  • The MiCA paper names Billions Limited, a BVI company incorporated on 21 November 2025, as issuer and admission applicant; current platform terms name Billions Network S.A. as service operator.
  • Supply is fixed at 10 billion with stated zero inflation and about 24.28%, or 2.428 billion, initially circulating.
  • Allocation is community 40%, foundation 32%, contributors 20%, investors 6% and creators program 2%.
  • Community releases are front-loaded through year four; foundation has 16% at TGE and 16% locked to year two then linear through year four.
  • Contributors have a one-year cliff and three-year linear vest; investors have a 12-month cliff and four-year vest with round-specific conditions.
  • Staking rewards come from the community allocation, not newly minted inflation; the reviewed public staking page does not disclose a guaranteed rate or reward-contract address.
  • BILL is described for credential fees, discounts, reputation staking, attester or agent collateral, incentives and anti-spam; governance remains a future phase.
  • Ethereum, Mantle, BNB Smart Chain and Solana validators secure token transfers on those chains; Billions attesters and issuer nodes verify credentials and are not those consensus validators.
  • The white paper denies equity, profit-sharing, political and present voting rights, while the platform terms also reserve broad power to change or pause services and rewards.
  • The white paper is internally inconsistent on permanent token removal: it describes DID fees that remove tokens but later says there is no burn mechanism.

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Frequently asked questions

What exactly is this CoinGecko asset?

It is Billions Network Token, ticker BILL. CoinGecko's primary contract is the Ethereum token at 0xb1110919016846972056ab995054d65560d5f05e; the same record lists separate Mantle, BNB Smart Chain and Solana addresses.

Does BILL prove a person or AI agent by itself?

No. Credentials, issuer nodes, verifiers and zero-knowledge proofs perform identity checks. BILL is the utility and incentive layer proposed for fees, access, staking, collateral and later governance.

Where do staking rewards come from?

The token overview says staking is funded from the 40% community allocation. With fixed supply and zero inflation, rewards redistribute allocated tokens; no public guaranteed APY or complete reward-contract terms were found.

Do BILL holders govern the network today?

The reviewed documents describe governance as a future phase. Buying BILL currently does not confer voting, company ownership, profit-sharing or political rights.

Who is legally responsible?

The MiCA paper identifies BVI-incorporated Billions Limited as token issuer and admission applicant. The current app, wallet and identity-service terms identify Billions Network S.A. as platform operator, so the roles must not be merged.

Is every privacy claim absolute?

No. The privacy policy describes outside verification providers and retention windows: humanity frames within 24 hours, encrypted FaceMaps up to credential validity and deletion windows, and KYC source material removed from idOS within three days after issuance.

Is supply deflationary?

The sources conflict. The white paper mentions permanent removal for some DID fees, but its supply-adjustment section says there is no burn mechanism. Fixed maximum supply is documented; future circulating-supply reduction is not clear enough to assert.

Does BILL run only on a Billions L2?

No for the tracked market asset. The MiCA paper describes a Billions L2 and Ethereum launch, while CoinGecko currently lists live Ethereum, Mantle, BNB Smart Chain and Solana contracts. Chain and contract must accompany the ticker.

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