he scanned millions of people's palms, dumped the token on them, and his bio still says "building for humanity" π
meet @terencekwok
the guy behind humanity protocol
first time around:
- dropped out at 19 to found tink labs
- raised $200M from softbank, foxconn and more
- made forbes 30 under 30 asia
- called himself one of asia's great entrepreneurs
then this happened:
- grew too fast with no real business model
- cash disappeared somehow
- employees in europe went unpaid
- offices shut overnight
- insolvency proceedings in multiple countries
- left a trail of unpaid vendors, staff, and investors
- nearly bankrupt
- quietly disappeared from public life
most people would take that as a sign to stop
he took it as a warm up
the second act:
- came back in 2023 with a new idea
- "what if we verify humans on blockchain using palm scanning"
- raised $50M at a $1B valuation
- got pantera, jump crypto, animoca on board
- launched $H token
- promised a fairdrop to verified real humans
- millions signed up and scanned their palms
what the community says happened next:
- token dumped hard after launch
- airdrop allocations were tiny and disappointing
- insiders and VCs got better deals than the community
- same pattern as tink labs, promises first, exit second
- people who gave their biometric data got almost nothing in return
his bio says "building for humanity"
community says "building for liquidity"
dropped out at 19
screwed employees at 24
scammed airdrop farmers at 32
some people learn from failure
others just find new victims
πΊοΈ "Ebbversus" Road Map, and What We Are Building π
βοΈ Processing... β³
π #Ebbversus
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ππποΈππ‘π₯