CoinYQ Dossier

A Palm Crosses Five Trust Boundaries

Humanity's slogan compresses enrollment into one private proof. Its documents reveal a longer trip: a hand meets a device, a template meets an issuer, a credential meets a verifier, and H meets contracts governed by several legal and technical actors.

From uniqueness to a wider trust passport

Proof of Humanity initially asked a narrow question: is this wallet controlled by one unique human? Palm prints, later joined by infrared vein scans, supplied the physical signal. The project now calls the broader system Proof of Trust and adds credentials for age, residence, education, employment and reputation.

That expansion changes the risk. A boolean uniqueness result reveals little; a portfolio of reusable credentials can describe a life. The user's consent scope, issuer and verifier matter as much as the cryptography.

What the scanner promises and the policy permits

The technical paper says raw images never leave the capture device. It describes irreversible feature extraction, encrypted signatures, split keys, IPFS and proofs that disclose only a requested claim. The privacy policy speaks more broadly: Human Institute may collect palmprint and vein images through hardware, use data for an affiliate's AI model, disclose it to providers and transfer or store biometric data on servers.

The policy keeps personal information through the relationship and five years after it ends. It says the blockchain receives only a wallet's humanity-status indication. These statements can coexist only under narrower product flows or definitions that the public documents do not map clearly, so this biography treats them as an unresolved conflict.

The distinction is operational rather than semantic. A verifier may learn only a yes-or-no proof while the enrollment service still processes account details, a biometric template or an image under its legal terms. Users need both the cryptographic disclosure boundary and the operator's data lifecycle.

The first issuer is still singular

The white paper labels the HP Core Platform the sole Phase 1 issuer of unique-human credentials. zkProofer nodes check presentations without raw metadata, while future accredited Identity Validators are supposed to issue domain credentials after audits, governance activation and decentralization thresholds.

Some thresholds in that roadmap are still placeholders, written as X validators and Y% concentration. A plan for distributed issuance is not proof that the current issuer or sequencer is permissionless.

Ten billion tokens do not equal ten billion votes

H launched on 2025-06-25 with 10 billion units divided among contributors, investors, reserves, the Foundation, ecosystem, verification rewards and community incentives. The first Fairdrop let recipients claim with gas or lock for 90 days for a 25% bonus; that offer is a dated campaign, not a perpetual yield rate.

The economic paper requires 100,000 H for an Identity Validator and divides verification fees into four 25% buckets. Delegators and node operators must act and accept contract, validator and demand risk. A passive wallet does not perform an identity check.

Three institutions and one upgradeable asset

Humanity Reserve Limited is the issuer; Humanity Foundation is the parent and steward; Human Institute Limited is developer, service operator and privacy-policy controller. The Ethereum H contract is described as a Transparent Upgradeable Proxy whose owner contract restricts mint and burn operations.

The MiCA paper itself pulls in two directions: it advertises governance proposals yet denies holders an enforceable governance entitlement. It is clear on the negative rights—no equity, profit share, interest or redemption. Current proxy ownership, upgrade and sequencer keys, provider list and Phase 2 validator set remain unresolved.

How the project changed

  1. 2024-09
    Testnet enrollment begins

    Humanity opens Human ID reservations and introduces palm enrollment in phases.

  2. 2025-03-27
    A broader privacy policy takes effect

    Human Institute defines biometric collection, possible server transfer and retention after a relationship ends.

  3. 2025-06-24
    The first Fairdrop window closes

    Eligibility for the initial H distribution closes at 09:00 UTC.

  4. 2025-06-25
    H trading and claims open

    Claimants can receive H immediately or lock for 90 days for a 25% campaign bonus.

  5. 2025-07-22
    The MiCA paper identifies the legal structure

    Humanity Reserve publishes the issuer, stated supply, token-right limits and proxy architecture.

Evidence and primary sources

Last evidence review: 2026-09-05

What is Humanity?

Humanity Protocol is an EVM identity network that first framed its product as Proof of Humanity: prove that one wallet belongs to a unique person through palm biometrics and zero-knowledge proofs. It is now broadening that model into Proof of Trust, where credentials can attest to age, residency, education, employment or online reputation. A Human ID and its credentials are identity products; H is the utility token used around verification, staking, incentives and governance proposals.

H began trading on 2025-06-25. Official tokenomics fix supply at 10 billion: 19% early contributors, 10% investors, 5% Human Institute strategic reserve, 12% Foundation operations, 24% ecosystem, 18% identity-verification rewards and 12% community incentives. Humanity Reserve Limited is the legal issuer, Humanity Foundation is its parent and steward, and Human Institute Limited develops and operates services. A holder owns tokens, not these entities or another person's credential.

What problem does Humanity solve?

The project's strongest promise is also its sharpest evidence gap. The technical white paper says raw palm images are never stored or transmitted and describes local irreversible feature extraction, encrypted templates, split keys, decentralized storage and ZK presentations. The effective 2025-03-27 privacy policy says the Company collects biometric data such as palmprint and vein images through hardware and may transfer or store biometric data on its or service providers' servers.

That policy also permits processing for an affiliate's AI model, disclosure to personnel, affiliates and providers, and retention during the relationship plus five years. It says the on-chain record is only an indication of humanity status tied to a wallet. “Zero knowledge” therefore describes what a verifier may learn from a proof; it does not by itself settle what the enrollment operator, issuer or service providers collect under the legal policy.

How does Humanity work?

Mobile enrollment captures visible-light palm surface patterns; dedicated scanners add infrared vein patterns and liveness. A uniqueness check produces a verifiable credential. In Phase 1, the white paper names the HP Core Platform as the sole issuer of unique-human credentials; accredited Identity Validators and broader consensus issuance belong to a gated Phase 2 roadmap.

The same paper sets a 100,000 H minimum stake for an Identity Validator and describes delegation. Its initial verification-fee design sends 25% to the issuing validator and delegators, 25% to a general staking pool, 25% to zkProofers and 25% to the Foundation treasury. These are participation-dependent flows, not interest on every H balance, and current live parameters were not independently confirmed.

On Ethereum, the MiCA paper describes H behind a Transparent Upgradeable Proxy with owner-controlled mint and burn functions. Upgrade, issuer, Foundation, service-operator and validator powers are distinct. The current proxy owner, sequencer and upgrade keys were not resolved here.

Key facts

  • Mobile enrollment uses visible-light palm prints; dedicated scanners add infrared palm-vein patterns.
  • The privacy policy effective 2025-03-27 lists palmprint and vein images as biometric data collected through hardware.
  • Personal information may be retained for five years after the business relationship ends; the policy says only wallet humanity status is stored on-chain.
  • H launched on 2025-06-25 with a fixed stated supply of 10,000,000,000.
  • Allocations: 19% team, 10% investors, 5% strategic reserve, 12% Foundation treasury, 24% ecosystem, 18% identity verification and 12% community.
  • The white paper sets a 100,000 H minimum stake for Identity Validators.
  • Initial verification-fee design is four 25% shares: validator/delegators, general stakers, zkProofers and Foundation treasury.
  • The Ethereum token is documented as a Transparent Upgradeable Proxy with owner-restricted mint and burn functions.

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Frequently asked questions

Does Humanity store my palm image on-chain?

Its privacy policy says only a wallet's humanity-status indication is placed on-chain. The technical paper says raw images stay local, but the legal policy separately allows collection and possible server storage or transfer of biometric data, so users should read both.

Is a zero-knowledge proof the same as collecting no data?

No. A ZK proof limits what a verifier learns from a claim. Enrollment, credential issuance, account operations and legal retention can still involve the operator and service providers.

Does holding H automatically earn staking rewards?

No. The documented model requires staking or delegation and ties rewards to verification activity. The launch campaign's 25% bonus required a 90-day stake and was a specific Fairdrop term.

Can any holder issue identity credentials?

Not in the documented Phase 1 model. The HP Core Platform is the sole issuer of unique-human credentials; accredited Identity Validators are part of a later gated migration.

Does H give enforceable governance or company voting rights?

The MiCA paper describes proposal and Snapshot participation but also says holders have no entitlement to governance and no control over the issuer, Foundation or affiliates. It is not equity or a guaranteed legal vote.

Can H be redeemed for money or a service?

No contractual redemption is promised. The MiCA disclosure calls H non-interest-bearing and non-redeemable; utility depends on technical interaction and available programs.

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