1 H = ¥32.14 Japanese Yen 1 JPY Japanese Yen = 0.03112 H
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View ChartHumanity Protocol is a pioneering blockchain project that aims to establish a decentralized identity and reputation layer for the web, using unique biometric verification to prove human uniqueness without compromising privacy.
Key takeaways
Humanity Protocol is a dedicated Layer 1 blockchain designed to solve the problem of digital identity and Sybil resistance through biometric verification, creating a global proof-of-unique-humanhood system.
| Item | Details |
|---|---|
| Name (Ticker) | Humanity Protocol (H) |
| Alternative Names | - |
| Consensus Mechanism | Proof-of-Personhood (PoP) |
| Smart Contracts | Native support (ZK-L2 architecture) |
| Category | Identity, Zero-Knowledge (ZK), Layer 1 |
| Hash Algorithm | Not Applicable (Consensus based on biometric verification) |
| Block Reward | To be determined by network governance |
| Max Supply | 10,000,000,000 H |
| TPS | Information to be announced as the mainnet develops |
| Scaling Solution | Native ZK-rollup architecture for scalability and privacy |
| Blockchain | Independent Humanity Protocol Layer 1 |
Humanity Protocol was founded by a team focused on cryptography, biometrics, and decentralized systems. While specific founder identities are often less emphasized in decentralized projects, the development is driven by a core team and community (likely a DAO) dedicated to its vision. The project gained significant attention and backing from major venture capital firms in the crypto space, including notable raises from Animoca Brands and other investors. This strong institutional support validates the protocol's ambitious goal of creating a scalable, privacy-first proof-of-personhood solution. The team's expertise lies in combining cutting-edge zero-knowledge proof technology with non-intrusive biometrics, specifically palm recognition, to build a new foundational layer for Web3.
Humanity Protocol operates on its unique Proof-of-Personhood (PoP) consensus. This mechanism replaces traditional energy-intensive mining or capital-intensive staking with verified human identity. Here’s a simplified breakdown of the process:
Humanity Protocol stands out by directly addressing one of Web3's core challenges: Sybil resistance and decentralized identity. Its value proposition is multi-faceted:
The H token is the lifeblood of the Humanity Protocol ecosystem, with several key utilities:
The Humanity Protocol ecosystem is in its early but rapidly evolving stages. Development is primarily focused on realizing its core vision of a decentralized identity layer.
Humanity Protocol cannot be mined in the traditional sense using computational power (Proof-of-Work). The H token is primarily distributed through its unique Proof-of-Personhood mechanism. The main way to "earn" H is by participating in the network as a verified human. By completing the privacy-preserving palm verification process, users contribute to the network's security and growth and are incentivized with H token rewards. This distribution model aligns with the protocol's goal of fairly distributing tokens to unique individuals rather than concentrated miners or stakers. Always refer to the official Humanity Protocol channels for the latest and most accurate information on token distribution events and reward mechanisms.
Securing your H tokens involves standard cryptocurrency security best practices, given they represent a valuable digital asset.
H is a new and innovative cryptocurrency. For secure and reliable trading, it is recommended to use a major, regulated platform like BTCC exchange once it is listed, which offers high liquidity and robust customer support.
To minimize costs, traders should look for ""Maker/Taker"" fees.
BTCC - Stands out as one of the lowest-fee exchanges in the industry, particularly for derivatives. Futures trading fees can be as low as 0.01%, making it a preferred choice for high-frequency or high-volume traders who want to preserve their capital."
Buying H with JPY is supported by most major, regulated exchanges. The best platform depends on your deposit method:
BTCC- A reliable veteran exchange (operating since 2011) where you can easily deposit fiat currency via credit cards or bank transfers to buy USDT. Once your account is funded, you can instantly swap for H/USDT pairs.
To quickly convert H to JPY, you need a platform that offers “instant exchange” or “one-click sell” features.
The cryptocurrency calculator and exchange tool on BTCC provides instant valuations for exchanging H for JPY.
To help users understand the “real-world” value of Humanity, BTCC allows you to compare your H balance to everyday items such as a monthly salary, an iPhone, or a barrel of crude oil. For new investors assessing their purchasing power, this contextual data is extremely valuable."
Trading H/JPY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit JPY or H into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the H/JPY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you believe the price will rise, place a buy order.
To Sell (Go Short): If you believe the price will fall, you can open a short position (available in derivatives trading like futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Center
Yes, absolutely. BTCC supports multiple ways to gain exposure to Humanity(H) using JPY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Humanity directly.
Trade on the Spot Market: Deposit JPY and place a buy order on the H/JPY spot trading pair using market or limit orders, taking direct ownership of the H.
Trade H/JPY Futures: For more advanced strategies, you can trade H/JPY perpetual or dated futures contracts. This allows you to speculate on Humanity's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your H to JPY conversion on BTCC:
Access your account by signing in, or create a new BTCC account if needed.
Go to the trading interface and select the H/JPY trading pair.
Input the specific amount of Humanity you wish to sell.
Verify the displayed exchange rate and your final JPY total.
Confirm and finalize the sell transaction.
Following these steps, your JPY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the "Crypto Converter" section on our website or within the app.
Type the amount of H you want to convert into the first field.
The equivalent value in JPY will be instantly calculated and displayed in the second field, using the latest live market rate.
The H/JPY exchange rate is the current market price at which 1 Humanity(H) can be exchanged for JPY. In simpler terms, it tells you how many JPY one Humanity is worth at any given moment.
Currently, one Humanity is ¥32.14. The price of 1 Humanity(H) in JPY is constantly changing due to the 24/7 nature of the global cryptocurrency market. To get the live, real-time price, please check the market data section at the top of our platform or visit our dedicated H to JPY converter.