Blockchain
Dive Into The INTOverse: A Connected Web3 Services Platform
Web3 is one of the most widely discussed technological revolutions in the past three years, having risen to popularity on the backs of blockchain protocols such as Ethereum. The Web3 space has expanded rapidly beyond the blockchain layer, resulting in new innovations such as decentralized identity, wallets, SocialFi, GameFi, and artificial intelligence. One of the newest iterations of this decentralized technology revolution is a connected Web3 services platform called INTOverse.
INTOverse is a comprehensive Web3 ecosystem that integrates different aspects of Web3 such as multichain wallets, SocialFi, digital identity, and AI tools into a singular platform. INTOverse’s goal is to fuel Web3 mass adoption through convenient communications and decentralized interactions. In fact, the platform has already gained over 55,000 active users, which shows its rapid growth over the last quarter.
INTOverse’s key technologies include a blockchain-driven consensus layer, a decentralized storage layer, decentralized domain and identity services, multichain wallets, and a browser that gives users access to various DApps. INTOverse is applying these technologies in four different areas: Web3 social media, social fingerprint, AI assistance, and decentralized wallet.
INTOverse has developed an advanced chat and social function that allows users from all across the globe to talk to each other in one-on-one chats or group chats. So far, communication and an “earn” function from chatting is what the platform has targeted in its early stage. This earn function is called “social mining,” where users can earn tokens effortlessly by chatting and communicating with their peers.
The introduction of social mining as a product has brought a new social experience to the blockchain community and constructed a refreshing approach to mining and earning platform tokens. Users who are marketers, brand developers, degens, creators, and the like can all experience INTOverse as a decentralized Instagram, Telegram, Facebook, or any other traditional Web2 social media platform and employ the platform for marketing, business development, community-building, and community management, all while earning while using INTO.
This feature and possibility means INTOverse is striving to build a better Web3 that’s more user-friendly, data secure, and profitable for the common user.
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Blockchain
Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation
Humanity Protocol, a decentralized identity blockchain solution, is today announcing the successful closure of its latest $20 million funding round, co-led by Pantera Capital and Jump Crypto at a $1.1 billion fully diluted valuation.
This investment represents a vote of confidence in Humanity Protocol’s mission to redefine decentralized identity and unlock new possibilities for secure, inclusive, and user-owned blockchain ecosystems. It follows the recent announcement of the Humanity Foundation’s formation, led by Yat Siu, Mario Nawfal, and interim CEO Yeewai Chong.
The funding will accelerate Humanity Protocol’s development of Proof of Humanity, Human ID, and seamless integrations with leading Web3 platforms. With the support of Jump Crypto and Pantera Capital, Humanity Protocol is poised to scale its operations, expand its global reach, and drive adoption across industries beyond Web3.
As Humanity Protocol continues to grow, the funding will also support upcoming initiatives, including partnership announcements, developer grants, and community-building efforts leading up to the protocol’s mainnet launch.
Both Pantera Capital and Jump Crypto bring extensive expertise in blockchain, Web3 infrastructure, and strategic scaling, making them ideal partners in Humanity Protocol’s next growth phase.
“At Humanity Protocol, we’re committed to empowering individuals with digital identities that are truly their own,” said Terence Kwok, Founder of Humanity Protocol. “This investment from Jump Crypto and Pantera Capital brings us one step closer to realizing a future where trustless, decentralized identity solutions are the norm. We’re honored to have the backing of such visionary investors who share our belief in the transformative potential of Web3 technologies.”
“At Pantera Capital, we are excited about all the ways that blockchain enables a future AI-driven world, and Humanity Protocol is leading the way,” added Cosmo Jiang, General Partner at Pantera Capital.
The post Humanity Protocol Secures $20 Million Strategic Funding from Jump Crypto and Pantera Capital at $1.1B Fully Diluted Valuation appeared first on News, Events, Advertising Options.
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