Polychain supports the VeryAI palm stack, a bot-free Web3 crypto‑ID stack
VeryAI has raised $10M led by Polychain to build palm print biometrics and cryptographic ID infra that helps exchanges, airdrops, and DAOs filter bots, deepfakes, and Sybil attacks at scale.
Summary
- Polychain led a round of 10M dollars, which was joined by the Berggruen Institute, Anagram, and co-founder with Solana Anatoly Yakovenko, which shows strong support for crypto-native and policy.
- VeryAI positions itself as an “identity authentication infrastructure,” using palm print biometrics and cryptographic ID so that apps can log in to real users without storing raw biometric data.
- The stack targets exchanges, airdrops, public applications, and on-chain governance, aimed at enabling Sybil-proof voting, fair token descent, and anti-fraud controls in the DeFi and NFT markets.
Identity verification startup VeryAI has raised $10 million in new funding to build palm-printed biometric and cryptographic ID tools aimed at filtering out bots, deepfakes, and artificial identities at an online scale, according to an official announcement.
Polychain leads $10M round in biometric, crypto-ID stack
VeryAI said the $10 million funding round was led by Polychain Capital, with participation from the Berggruen Institute, Anagram, and Solana founder Anatoly Yakovenko among other angel backers. The cap table shows clear alignment with both top-tier crypto VCs and ecosystem builders who are already battling spam, Sybil attacks, and AI-generated identity fraud across the Web3 and social media platforms.
The company describes itself as an “identity verification infrastructure,” positioning its stack as the underlying layer that applications, protocols, and platforms can connect to instead of a consumer-facing KYC widget. That framework puts VeryAI squarely in the “proof of identity” arms race, where on-chain identity, real-user gating, and compliance are increasingly at odds with privacy and decentralization principles.
Palm biometrics and privacy-first authentication
VeryAI is developing the first privacy authentication system built around palm print biometrics combined with cryptographic identity technology, rather than traditional document uploads or face scans. The goal is to allow services to distinguish real people from bots, deepfakes, and artificial identities without revealing raw biometric data, which suggests the use of techniques such as zero-knowledge proofs or secure enclaves to keep the underlying signals secret.
This project clearly targets the deployment of the Internet scale: think exchanges, airdrops, social networks, and on-chain management that all require the trust of “one person-one account” in a world flooded by AI agents. For crypto, this type of infrastructure is directly compatible with Sybil-proof voting, fair token distribution, and anti-fraud controls in the DeFi and NFT markets, while providing regulators and institutions with a story that goes beyond KYC surveillance.
