According to PANews on April 16, Terence Kwok, founder of Humanity Protocol, wrote that the project has completed the global deployment of identity scanners and is entering the next phase. The token $H is the economic core of the verification network. Verification nodes will receive $H rewards, identity verifiers need to stake $H, and applications need to pay $H for identity verification. Kwok emphasized that $H is designed to fairly distribute value and support the operation of large-scale decentralized identity verification infrastructure. TGE is about to start and $H will be launched soon.