Recently, while browsing projects on Alpha, I was amazed by a "low-key but formidable" project -
@Mind Network . To put it simply, this is the ceiling project of fully homomorphic encryption (FHE) + AI narrative, and it's not just a PPT concept; it has truly landed and is running on the mainnet.
What is $FHE ?
In simple terms, it allows AI to compute data directly in an encrypted state without worrying about privacy leakage.
Vitalik has mentioned the importance of this technology multiple times, but those that can truly be launched and implemented are few and far between.
Mind Network is not only the first but has also directly implemented several core scenarios:
AgenticWorld: A privacy computing consensus network with over 60,000 AI Agents
FHE Bridge: A native USDC cross-chain experience that protects privacy across chains
MindX: Encrypted AI dialogue in collaboration with DeepSeek
World AI Health Hub: Running privacy medical AI directly on the chain
The collaboration lineup is even more impressive: ByteDance (Volcano Engine MCP, Coze), Lark, ZAMA, Chainlink… even Alibaba Cloud's DeepSeek inference, which is provided by it for FHE security.
The capital background is also solid: Binance Labs, Animoca, MH Ventures invested, with an estimated valuation of about $100M, total financing of $12.5M, and the investors have not yet unlocked their shares - the market value is relatively low.
Currently trading on Binance Alpha, with a transaction fee of 0.01% (only about 1U lost for a single transaction of 1000U), the experience of boosting scores is very smooth.
To be honest, this combination of high technological barriers + multi-scenario implementation + low valuation is quite rare in the crypto space. If it truly goes live on Binance Spot, I wouldn't be surprised at all.
#MindNetwork