Humanity Protocol Acquires Moongate to Integrate Decentralized ID into Real-World Events

Humanity Protocol, a platform developing a user-centric decentralized identity solution through its innovative "Proof of Humanity" technology, has acquired Moongate, a well-regarded Web3 platform for event ticketing and engagement. The acquisition marks a significant step toward bridging the gap between advanced blockchain technology and tangible, everyday applications.

The core objective of this merger is to leverage Moongate's extensive network of real-world events as a powerful onboarding channel for Humanity Protocol. Moongate has already made a substantial impact in the Web3 space, having powered over 300,000 on-chain tickets for a diverse range of clients, including major NFT brands and cryptocurrency exchanges.

Humanity Protocol utilizes a novel approach to identity verification that relies on palm-based biometrics, offering a secure and user-friendly way to prove personhood without compromising privacy. By integrating this technology into Moongate's infrastructure, the two platforms will create a seamless experience where event attendees can verify their identity and gain access to exclusive online and offline experiences.

This synergy creates a powerful feedback loop: Moongate's event-based activations will drive mainstream adoption of Humanity Protocol's identity solution, while the protocol's technology will provide enhanced security and new functionalities for event organizers and attendees. As part of the acquisition, Moongate's platform will be expanded to fully support on-chain identity and biometric verification.

This strategic move is poised to demonstrate a compelling, large-scale use case for decentralized identity, moving it from a theoretical concept to a practical tool used for access and credentialing at events worldwide.