Crypto’s “Humanity Proof” saw an important fusion on Monday with Holonym Foundation acquiring Gitcoin passport for an unrelated sum of cash and tokens.
The transaction joins two nearby companies: Holonmon was already distributing its technology through Gitcoin Passport, a registration book in which 2 million Internet users hide the personality test for services that must verify that they are meat and blood.
AI agents are not people, but they can pretend so much when money is at stake. Holonmon and Gitcoin are among a wave of cryptographic startups (especially Sam Altman’s world) that build ways to examine the bots.
Gitcoin Passport will change the name of Human Passport and eight of his employees will continue in Holonym, now 30 Strong, said the CEO Shady el Damaty. It is planning to make the digital passport more portable so that it can “follow it wherever you go on the Internet”, making the identity checks necessary to do business on the web.
First comes the privacy factor. Part of the appeal to show Gitcoin’s passport on, for example, an identification of the government is that the cryptographic passport can attest to its owner is the one who claim to be without revealing their identity.
That is not changing with the merger; The Damaty said he is receiving an impulse. The almost 35 million credentials that are stored in the passport will be updated with zero knowledge proof technology.
Perhaps the best known use for the proof of cryptography humanity comes with Airdrops. The projects that seek to guarantee that the launches of their Tokenses reward people, not to the bots, have sometimes become tools like these. Holonmon helped ensure $ 225 million in such distributions, said Damaty.
But it also plans to associate with more humanitarian efforts, such as digital identity controllers for refugees that need to access financial aid. An upcoming project will connect to 1 million displaced people.
The acquisition can strengthen the ability of Holonimas to challenge Worldcoin, which leads the identity package by virtue of its association with Sam Altman of OpenAi. “We are positioning ourselves as an alternative to Worldcein,” said Damaty.
