Humanode Mainnet Launch

November 14 update – mainnet is still on schedule for November 15, but no time has been announced. This time is (still) a placeholder.

Humanode is a distributed financial system where One human = One node.

There is no exact launch time for this event, only that it is on Nov. 15.

DETAILS

• Humannode is a layer-1, EVM compatible, decentralized network using private biometrically encrypted consensus mechanism and monetary system
• Humanode utilizes the combination of ‘Proof-of-Uniqueness’ and ‘Proof-Of-Existence’ consensus mechanism as the Sybil resistance to protect the consensus layer
• Humanode also features low transaction fees and fast transactions (average block finalization time is 12 secs)
• Humanode is powered by a network of nodes called human nodes, used to verify and validate transactions on the network and earn fees. Anyone can run a node
• Nodes in the Humanode network are created through crypto-biometric identity authentication of uniqueness – a person cannot launch more than one node
• Biometric data is encrypted using zero-knowledge proof for authentication, and safely securing the encrypted data in secure enclaves
• All nodes are equal in terms of validation and voting power; 1 Human = 1 Node = 1 Vote
• $HMND is the native token for the Humanode network, with utility including;
  • transaction fees
  • deployment and interaction with smart contracts
  • private biometric checks – uniqueness and liveness
  • storage of data based on human-to-human trust
• To run a node, all you need is to be a unique human, download the Humanode launcher app, own a few $HMND tokens to cover initial transaction fees, set up your node, and start validating the transactions – installation guide can be found here
• Validators will be initially be limited to 1,000, to guarantee the stability of the network . After the initial stabilization, the system will be open, and everyone will be able to onboard
• The first 100 validators based on the uptime of their nodes and longevity will be eligible to receive $HMND airdrops
• $HMND public sale was held on Tokensoft across 3 ‘Wave’ options
• $HMND token is scheduled to launch in December on various CEXs (exact date TBA)
• As mainnet goes live, developers can build dApps on top of the Humanode network and integrate Humanode OAuth into their applications

• Tokenomics
  • Token symbol: HMND
  • Total supply: 400,000,000
    • 5% — Angel round (12 months cliff, then 24 months linear vesting)
    • 10.2% — Seed round (12 months cliff, then 24 months linear vesting)
    • 10% — Strategic round (6 months cliff, then 30 months linear vesting)
    • 0.91% — Tokensoft Public sale; 3 options
      • 0.56% — Option 1 (100% at TGE – price: $0.1725)
      • 0.15% — Option 2 (30% at TGE, 3 months cliff, then 3 months linear vesting – price: $0.15)
      • 0.2% — Option 3 (20% at TGE, 6 months cliff, then 6 months linear vesting – price: $0.13)
    • 36.9% — Treasury reserve (12 months cliff, then 48 months linear vesting)
    • 10% — Ecosystem fund (36 months lock)
    • 11% — Core team (12 months cliff, then 24 months linear vesting)
    • 9% — Broader team; people who join Humanode Core after the mainnet (24 months cliff, then 36 months linear vesting)
    • 3% — Market maker (loan)
    • 2% — Mainnet validators (1 month cliff, then 47 months linear vesting)
    • 1% — Integration (20% at TGE, 6 months cliff, then 6 months linear vesting)
    • 0.5% — Testnet participants (100% at TGE)
    • 0.5% — Ecosystem incubators (100% at TGE)