Mind Network milestones
● Mind Network has received investments from Binance Labs, Hashkey, Chainlink, Comma3, SevenX, and has been funded by the Ethereum Foundation to explore practical applications of FHE technology on Ethereum;
● Mind Network is incubated by Binance Incubation Camp;
● Mind Network participates in the Chainlink BUILD program;
● Collaborated with industry leaders such as ZAMA, Chainlink, etc., to become business partners;
● More than 600,000 active wallets on the test network within 3 months of launch, with nearly 3 million transactions;
● More than 800,000 followers on social media and community members;
What is Mind Network?
Mind Network (FHE) is an innovative project focused on building a fully encrypted network. Its core lies in employing a cutting-edge technology called Fully Homomorphic Encryption (FHE) to ensure data and computation security in unprecedented ways. The project aims to create a world where all online activities—including data sharing, financial transactions, and AI interactions—are fully encrypted and private. In short, Mind Network is striving to build a zero-trust internet protocol (HTTPIZ), meaning that hackers, government agencies, or other unauthorized parties cannot access your data without permission.
Mind Network founding team
The visionaries behind Mind Network have gathered deep expertise from diverse fields:
● CEO Mason Song: With a profound understanding of the digital ecosystem, Mason leads the trend in advocating data privacy and security, and his leadership is crucial in driving the platform's mission.
● CTO George: As a former researcher at Cambridge University, George's cryptography research has been adopted by the UK government and major banks, demonstrating his profound impact in the field.
● CSO Dennis: Known for his groundbreaking work as a white hat hacker, Dennis made history by breaching Tesla's security system in 2014, reflecting his relentless pursuit of discovering and fixing security vulnerabilities.
The team also brings together experienced entrepreneurs, renowned scientists, and Web3 marketing experts, all united by a common mission to innovate data security.
Mind Network fundraising situation
Mind Network raised $12.5 million through two rounds of funding, with participating institutions including: Binance Labs, Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, IBC Group, Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital, and other well-known venture capital firms.
Mind Network summary
Mind Network is a blockchain project focused on data privacy protection and decentralized storage, achieving secure data sharing and privacy computing through cutting-edge cryptographic technology, widely applied in finance, healthcare, and corporate data collaboration, while supporting payment, incentives, and governance functions through a native token, aiming to create a decentralized ecosystem that balances data security and collaboration.
Mind Network is laying the foundation for the future internet. As the world evolves towards decentralization and trustless models, the importance of privacy and security will become increasingly prominent.
