Odaily News: Animoca Brands has announced a $30 million investment in the encrypted payment application hi. In addition, hi has partnered with Animoca Brands to help bring practicality to NFTs for their portfolio companies and the entire Web3 ecosystem. Co-founder Sean Rach stated that hi plans to use this funding to expand their application and prepare for the mainnet launch of the hi protocol, which is compatible with the Ethereum Virtual Machine (EVM).



It is reported that hi is dedicated to implementing Proof of Human Identity (POHI) into their KYC process, but this process does not involve scanning irises. hi has stated that the company currently has 3.5 million users and 1 million KYC users, and they plan to increase this number by implementing POHI. (CoinDesk)