One of the biggest projects this year - Humanity, should not be missed
#Humanity @Humanityprot
TL;DR
1. It is one of the few projects this year that can support a valuation of over 1 Billion
2. Jump and Pantera invested 20 million USD at an 1.1 billion USD valuation on January 27, and the institutional holding is low
3. Real web2 use cases, with a broader verification method than iris
4. Currently, there are over 8 million real users on-chain, with massive trading volume; exchanges cannot refuse this project, fully meeting the requirements for listing, making it easy for public chains
5. Tokens worth 2.2M are allocated to Humanity Yappers
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Funding Aspect
Jump and Pantera's investment of 20 million USD at a 1.1 billion USD valuation on January 27 means Humanity has achieved a significant annual milestone.
This indicates the sustainability of the project and its market performance over the past year meets the expectations of Jump and Pantera; it’s important to know that large financing in 2024 is almost unimaginable.
In terms of valuation, the project has offered low chips to institutions, potentially leaving more funds for future markets and users; in the A round, less than 5% of chips were offered, indicating low selling pressure from VCs on this project.
The project also signifies that it is not merely a category of institutional hype but reflects the negotiating power of the project party.
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How to understand Humanity's Milestone - When you become the best in the market, all institutions will come knocking
Most projects' valuations will show growth characteristics with product delivery, user growth, and social media discussion, and institutions will secretly price it.
If performance is poor, they may have to discount the previous round's valuation for another raise.
If performance is good, then in the next round, they can attract more institutional funds and resources. Humanity has proven itself by securing funding from top capital firms Jump and Pantera, which also means that the gates will open for Humanity, and there will be no obstacles from the crypto market.
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How to understand the KYC verification track?
This is the most direct way to onboard users.
This is also the direction most needed by Binance, recalling that Binance almost opened a green channel for the TG mini-games.
Thus, Humanity is almost a key to the crypto world; all exchanges will open their doors to it, and even Web2 will include it in their cooperation scope when they need to differentiate real users.
This is also a characteristic that most crypto projects do not possess, which is Humanity's core competitiveness.
Similarly, compared to iris, users do not need to verify offline, saving a lot of time and offline costs, thus improving user verification efficiency. This also means that Humanity has a broader potential user base, which can achieve larger user growth expectations in terms of valuation. Projects cooperating with Humanity can also reduce ineffective losses caused by witch attacks, improving efficiency to better generate revenue. Revenue expectations equate to rising valuations, and the user base is Humanity's real users.
With 8 million real users, it has a strong leverage in the public chain space; the valuation of a public chain is the greatest common denominator of a project. Having 8 million real users is definitely enough to compete in the most challenging public chain arena. This could be a truly killer public chain, and the 'real user chain' is the ultimate answer in Web3 that institutions cannot bypass.
