TON Society and HumanCode are teaming up on a Toncoin initiative worth more than $5 million using palm scanning for proof of personhood.
Worldcoin’s eyeball-scanning Orbs for on-chain identity verification could soon have a new challenger, with a one million Toncoin incentive program set to use palm scanning for proof-of-personhood in the TON ecosystem.
Announced earlier today at the Hong Kong Web3 Festival, the program aims to enable digital identity for 500 million Telegram users within five years. Telegram initially developed the Telegram Open Network, as it was then known, raising $1.7 billion in a private sale the same year before abandoning the project following SEC investigations. In 2022, open-source developers saved and rebranded the blockchain as The Open Network with a functional mainnet.
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