What is Human Protocol (HMT)? Information about the next project on Coinlist – Human Protocol

Human Protocol is one of four The project is open for sale on Coinlist in June 2021. The project will be open for sale with 2 options starting on June 17, 2021, 17:00 UTC (June 18, 2021, 00:00 Vietnam time).

In the article below, brothers and sisters GTA Research team research Human Protocol what is it.

What is Human Protocol?

HUMAN protocol is a new protocol for humans and machines to work together. It provides a way to ask questions that machines cannot answer without human assistance. For example, when an AI learns to recommend shoes, it first needs to know the set of shoes that are similar to what a human thinks. HUMAN allows you to ask questions, provide data, and pay helpers. Companies building services like product search will get new options for creating AI-powered datasets.

The protocol provides Automated Job Markets, where humans take on key jobs and repetitive jobs are handled by machines. Network participants use HMT to pay for the services they use through smart bouties, rewarding validators who provide services to the network.

Highlights of Human Protocol

There are now 247 countries and territories that can connect with each other, and all jobs from big to small can use the protocol to find the right person.

The way it works is also quite simple: The faction looking for people (can be human or system) will give a quest along with the prize & the Working faction (mostly human) will enter and complete to receive bonus.

The system works like a normal Order book exchange with “job” and “bidding” as well as Oracle to confirm if the job is actually done.

There will be 2 Oracles that do this:

  • Recording Oracles: Collects work results and provides alternate assessment of work results quality.
  • Reputation Oracles: Performs a final assessment of the performance quality and reputation score for each job, and finally pays the bonus.

Proven App

Applications by created by Human Protocol support has been used by hundreds of millions of people every month. Uses include labeling data, protection against bots, and more. Human is network agnostic and currently supporting Ethereum, Polkadot, Solana, etc

Empowering the workforce

Human Protocol coding and executing replaceable tasks of any size and requirement to help companies and individual workers maximize their resources, use the network to minimize idle time .

Supporting the global job market

Support the creation of decentralized job markets in which employers and workers can transact securely, trustless, without the need for intermediaries. Smart Bonus of Human Protocol enforce the rules, ensure fair operation.

Applications of Human Protocol

Machine learning: AI requires labeled data. Applications run on top of the protocol that provides tools and connects the work force to the dataset labels. This allows companies to build AI using the Human API to get human insights. Millions of tasks run through the protocol every month.

Proof of Humanity (proof of human): Blockchains need to know if a real person is interacting with them. Human Protocol allows on-chain human verification to protect against bots. This enables blockchain-based verification for markets like token exchanges, prediction platforms, etc.

Empowering the Gig Economy: It is difficult to recruit workers, ensure quality and pay workers based on scale. Human Protocol allows anyone to put in work and get it done by a distributed workforce. In principle, almost any type of work can be published on the protocol, with compensation and review management software.

Prediction market: The prediction market can be a powerful tool, but figuring out the consensus rate of any given event is difficult. Accuracy requires quantity. With access to multiple global respondents, Human Protocol allows prediction markets to ask questions and receive odds on the likelihood of an outcome, stored on the blockchain.

Translation and many other applications: Millions of people working in knowledge jobs​ can be represented through Human tasks, but reaching the right people at the right time is very difficult. From translation to transcription, the protocol allows jobs of many types to get results from a task-appropriate workforce, with software-guaranteed quality and payment.

When was the project established?

The project was established in December 2020

The project’s Twitter was established in December 2020 and currently has 9K Followers.

Team – Project team

Roadmap

Investors & Partners

Tokenomics

Basic information about HMT token

  • Token Name: HMT Token
  • Ticker: HMT
  • Blockchain: Updating…
  • Token Standard: Updating…
  • Contract: Updating…
  • Token Type: Updating…
  • Total Supply: 1,000,000,000 HMT
  • Circulating Supply: Updating…

Token Allocation

  • Adviser : 1.3%
  • Presale : 23.4%
  • Buyer : 3.7%
  • Strategic partnership : 20.5%
  • Team : 7%
  • Coinlist : twelfth%
  • Ecosystem Development Fund : 8.2%
  • Issuing Fund : first%
  • Operating Trust : 23%

Token Release Schedule

Token Use Case

  • Wages for employees
  • Reward for validator

HMT . token rate

Updating…

Where to buy and sell HMT tokens?

Updating…

Community

Website: https://www.humanprotocol.org/

Twitter : https://twitter.com/human_protocol

Telegram : https://t.me/hcaptchachat

Conclude

Human Protocol is a marketplace that allows the trading of jobs on the global market. With the hotness of the projects open for sale on the platform Coinlist in recent times HMT token there will be good growth potential in the near future when opening for sale and list of exchanges. However, I realize that the frequency of projects on Coinlist is increasingly dense. So, in order to avoid losses, you should learn about the project carefully before deciding to invest, avoiding the fomo mentality regardless of every project on Coinlist.

Here is all the information GTA Research team researched the project Human Protocol and is not investment advice. Hope this article will help you get the necessary information and give your personal opinion about the project.

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