What is Humans.ai (HEART) How It Works & Where To Buy It?

HUMANS.ai is pioneering the first all-in-one AI-based platform. The $HEART token is the governance token of the Humans ecosystem – HEART is also used to pay for actions in the ecosystem. With a focus on synthetic media and other digital assets, the Humans.ai premise is certainly revolutionary.

Find out more about Humans.ai price, history, and more below.

How Humans.ai (HEART) Works

Humans.ai blockchain was founded in 2019. The project implements a novel platform and rapidly growing ecosystem with an initial focus on synthetic media, AI NFTs (non-fungible tokens), and AI apps. HEART is the native token of the protocol.

HEART aims to be the go-to blockchain platform that allows people to utilize a host of AI tools, powered through a creative studio. Users will be able to customize their creations by using the all-in-one platform – creating digital assets to generate non-fungible tokens on the Humans platform.

With a core focus on AI, Humans.ai is creating transparency and key-value proponents that will appeal to the masses.

HEART scalability is achieved through innovative systems and is devoid of sharding techniques that typically plague blockchains’ potential to scale. Essentially, the project is focused on streamlining and simplifying blockchain, and reducing the complexity and unnecessary systems that affect the user experience negatively.

The aim of the project is centered around usability, simplicity, and sustainability – curating a simple user experience is necessary to increase user adoption.

While many blockchains still utilize proof of work consensus algorithms that have historically failed to meet demand – HEART implements a unique system that is reliant on various node types to achieve efficient scalability.

TheHumans.ai architecture comprises the following main node types:

Collection nodes – The nodes are tasked with the management of the transactions pool, collecting well-formed transactions. Upon the collection of a well-formed transaction, the text is hashed off by the node and signed.

Consensus nodes – The primary role of consensus nodes is to allow the network to reach a consensus on the sequence and credibility of transactions to be processed.

Execution nodes – The primary task of execution nodes is to facilitate the execution and computation of transactions.

Verification nodes – The role of verification nodes is to determine the credibility of execution nodes. A single honest verification node can punish bad actors/dishonest execution nodes.

What Is Humans.ai (HEART) Used For?

Humans.ai is catered to developers and participants seeking to engage with the NFT market and gaming sector. The Flow network and ecosystem are pioneered by Dapper labs – the founders of NBA top shot, a digital collectible and moments series which has already generated billions of dollars.

Essentially, developers will be able to build on the HEART blockchain and benefit from the security and efficiency of the network. They also have the option of creating a custom cryptocurrency on the Flow blockchain.

HEART tokens essentially power the ecosystem and the network; this can be likened to the role most native tokens play in their network. Additionally, stakers receive additional incentives like airdrops and rewards which are calculated proportionate to staking length and number of Flow tokens.

There are several centralized exchanges that offer a variety of HEART staking options, each with differing APY %.

Where To Buy Humans.ai (HEART) Tokens

HEART tokens are frequently traded on most of the popular cryptocurrency exchanges. The unique proposition that HEART creates makes it an appealing blockchain project – in recent months HEART has been among the most traded cryptocurrencies on the market.

Before purchasing HEART tokens, users will need to deposit fiat money onto an exchange, sequentially, HEART tokens will be credited to their relevant HEART digital wallet on the exchange.

The crypto exchanges below are the safest place where you can buy, sell and store tokens.

1. Gate.io
2. HTX
3. KuCoin
4. Binance
5. Crypto.com

HEART is an ERC-20 token which means it can easily be stored on any Ethereum-compatible wallet. Some of the most popular wallets include Trust Wallet and MetaMask.

About Humans.ai (HEART)

How long has Humans.ai (HEART) existed?

HEART was initially introduced by Dapper Labs in 2019, and the ICO on Coinlist raised more than $18 million. The Flow team is a group of experienced individuals with high hopes of accelerating blockchain adoption through their platforms.

The HEART price during the ICO on Coinlist was $0.10 per HEART token. Once the HEART token was listed on public exchanges, it was listed at $6.

The HEART cryptocurrency has seen significant price volatility since its listing, reaching an all-time high of $39.04 on the 4th of March, 2021.

What’s controversial about Humans.ai (HEART)?

There are so many emerging projects entering the crypto space. Many projects take advantage of over-eager retail investors that lack fundamental knowledge of the crypto space.

Individuals are encouraged to do as much research as possible before investing in any crypto project. A few key research areas should include the project’s founders, the tokenomics of the project, influential partnerships, the whitepaper, as well as any other important factors surrounding the project.

Let’s take a look at the top controversy surrounding Humans.ai (HEART):

• Not yet accurately valued – The token price of any cryptocurrency is an incredibly important consideration. Crypto projects need to prioritize the growth of their communities and how many holders of the token the project has – more expensive tokens are often overlooked by retail investors on a budget.

  The psychology behind this is relatively simple, most individuals would choose either a ”penny stock” crypto or an incredibly reputable cryptocurrency like Bitcoin over other projects. The reason for this is that most people are motivated by profit potential, and consider tokens that are pricier to be less profitable. Although this is necessarily justified, it is a reality that is present in the crypto space.

  The initial cost to buy HEART needs to be justifiable when an individual wants to buy or sell – if the initial purchase price seems overvalued, many individuals will refrain from purchasing a token.

How many Humans.ai (HEART) Tokens tokens are there?

At the time of writing, Humans.ai (HEART) has a circulating supply of 62,648,152.67 CVX (63% of the total supply).

The total supply of Humans.ai (HEART) is 90,829,147.

The max supply of Humans.ai (HEART) is 100,000,000.

Can Humans.ai (HEART) be mined?

Humans.ai (HEART) is not a mineable cryptocurrency.

HEART tokens can, however, be earned by participating in DeFi products such as liquidity provision, staking, and farming. Users can earn generous yields by participating in these DeFi products.

What is the market cap of Humans.ai (HEART)?

The market cap of Humans.ai (HEART) is worked out by taking the total amount of coins in circulation and multiplying it by the current market price of HEART. Since the price is constantly fluctuating, this means that the market cap does the same.

Humans.ai (HEART) Market Cap = 62,648,152.67 HEART x $8,87 = $555 million (80th largest market cap).

HEART has yet to land a spot on the list of the top 100 cryptocurrencies by market capitalization. And the HEART price is currently trading at more than 20x below its October 2021 all-time high of $0,22.

Biggest Competitors Of Humans.ai (HEART)

The coin has performed well and the platform itself has become a major player on the DeFi scene. It is always worth remembering, however, that the crypto market is highly volatile and the price of all tokens and coins can go down as well as up.

Humans.ai (HEART) also has its competitors, the biggest of which are Cosmos and Polkadot.

What Are The Future Plans For Humans.ai (HEART)

Humans.ai is a global community of DeFi users, united by their passion for decentralization and wanting to earn yields on their tokens. Using innovative technology, HEART will be supercharging the way users interact with the DEX (decentralized exchange).

Users can choose from merchandise designs, LPs, farming, and other unique DeFi products.

People want to purchase the token because it has announced plans to further streamline the revenue rewards for storage miners, expand their market share and continue to add further utility.

At the moment, token users can expect the project to keep progressing significantly in the upcoming months.

Humans.ai recently announced a partnership with Chainlink which will integrate cloud storage and oracles in a decentralized and innovative way. Smart contract inputs and outputs will serve to bridge the two projects.

The venture also aims to help develop Web3 and expand on the possibilities of oracles and decentralized data storage providers.

HEART token has recently seen a decline in its price, as have many tokens following the Bitcoin price correction. The HEART token is currently trading at $8 which is significantly lower than its all-time high of $88.

Pros And Cons Of Humans.ai (HEART)

Pros:

• DeFi platform – The Humans.ai platform was essentially built from scratch and therefore doesn’t experience the same restrictions as other distributed ledger technologies.
• Low supply – The total supply of HEART is only 100,000,000 – this is significantly lower than most other cryptocurrency projects, and is even lower than the supply of Bitcoin. The low supply is indicative of scarcity which typically results in a token becoming more valuable over time.

Cons:

• Competitive space – HEART is providing necessary solutions as a next-generation blockchain platform, but the project remains largely unknown within the crypto community. One of the most essential requirements for any project’s success is having a large community that knows about the project. Convex Finance remains relatively unknown with a much smaller community than most other curve LP tokens.