Billions Network

About Billions Network (BILL)

What Is Billions Network (BILL)?

Billions Network is a decentralized identity protocol that lets both people and AI agents prove things about themselves without handing over the underlying personal data. It uses W3C decentralized identifiers, verifiable credentials and zero-knowledge proofs, so a user can answer a question such as "are you over 18" with an attestation instead of a birth date. Verification is mobile-first: a phone, plus a passport or national ID scan for uniqueness, with no proprietary hardware. BILL is its utility token, used for verification payments, staking-based reputation and ecosystem incentives.

Official resources:

• Website
• Whitepaper
• Launch announcement
• Open-source identity stack
• Ethereum contract

Who Founded Billions Network? (History)

Billions began as Polygon ID, the identity unit inside Polygon Labs, which spun out as Privado ID in 2024 and launched Billions on February 28, 2025. It is led by co-founder and chief executive Evin McMullen, with David Schwartz as co-founder and Oleksandr Brezhniev as chief technology officer. The company has disclosed a 30 million dollar raise backed by Coinbase Ventures, Polychain Capital and Polygon Labs.

How Billions Network Works

The design is summarized as onboard once, prove everywhere. A user onboards through the mobile app or an embedded web wallet, then adds credentials progressively: social profile verification, an on-device liveness scan, a uniqueness check via passport or national ID, and KYC and AML screening. Credentials sit in the user's own wallet, and services request a proof rather than the data.

Key Ecosystem Components

Attesters issue verifiable credentials, and their reputation coefficient reflects how much BILL they stake, while the Trust Registry curates which issuers are recognized. Underneath, Billions operates a Polygon CDK based Layer 2 that anchors identifier state and credential attestations, with chain-agnostic SDKs.

BILL Token Utility

The whitepaper describes BILL as a utility token powering verification payments, staking-based reputation and ecosystem incentives, and states that it grants no ownership, dividends or voting rights. Supply is fixed at 10,000,000,000 tokens with no inflation. Staking spans four groups: attesters stake to raise the weighting on their attestations, users to improve trust scores, vendors for higher API limits, and AI agents as collateral signaling trustworthy behavior.

What Makes Billions Network Unique?

It treats AI agents as first-class verifiable participants, not only humans, a wider scope than most proof-of-personhood projects. It also inherits a mature open-source identity stack from Polygon ID and Privado ID, including Circom and iden3, rather than starting from scratch.

How Billions Network Differs from Similar Projects

The closest comparison is Worldcoin, which establishes uniqueness with a dedicated iris-scanning device, while Billions uses a passport or national ID scan on a standard phone, avoiding hardware but depending on government documents. Against Civic, an older identity project, it uses newer credential standards and adds an agent identity layer.

Use Cases of Billions Network

Documented uses include proof of humanity to keep bots out of airdrops, reusable KYC and AML so one verification serves multiple platforms, privacy-preserving age checks, and Know Your Agent identity for autonomous agents.

How Billions Network Is Secured

The network runs as a rollup anchored to Ethereum, so its state inherits Ethereum's settlement assurances, and unlinkability comes from pairwise identifiers, selective disclosure and verifier-scoped nonces. Sybil resistance rests on NFC electronic passport verification combined with attester staking, and issuer key compromise is addressed through multi-issuer quorums, key rotation and revocation registries.

Risks and Considerations

Billions is early-stage, and much of what the whitepaper describes, including governance and agent slashing, is future work rather than live functionality. Supply is fixed, but a large majority was locked at launch, with full distribution described as reached only by the end of year four. The uniqueness model depends on government-issued documents, and identity rules differ sharply by jurisdiction. Commercially, it depends on enterprises paying per verification.

Why Billions Network Matters

Distinguishing humans from automated accounts is becoming a structural problem for the internet, and doing it without building a central database of identity documents is the harder half. Billions is one of the more concrete attempts at both at once.

Where Can You Buy Billions Network (BILL)?

BILL has been listed on centralized exchanges, including through Binance Alpha, and trades on decentralized exchanges where it is deployed. Confirm which of its four networks a venue uses before withdrawing.

Storage Options After Purchase

On Ethereum, BNB Chain and Mantle, BILL is an ERC-20 token and works with any wallet supporting those networks; on Solana it is an SPL token needing a Solana-compatible wallet. Hardware wallets suit long-term holdings. Sending to the wrong network is the most common way to lose funds here.

Related Coins

• Worldcoin (WLD)
• Humanity (H)
• Civic (CVC)
• Ontology (ONT)