The new initiative, Humanity Protocol, which positions itself as a competitor to Worldcoin, has officially launched its mainnet, valued at an impressive $1.1 billion. This groundbreaking platform aims to facilitate a transition from Web2 to Web3, placing a strong emphasis on ensuring user privacy and security in the digital identity verification process. With its innovative approach, Humanity Protocol is poised to reshape how individuals manage their online identities in a more privacy-focused environment.
source: https://www.coindesk.com/business/2025/08/08/worldcoin-rival-humanity-protocol-debuts-usd1-1b-mainnet-for-privacy-first-web2-to-web3-identity