In the past few years, ZK has been hailed as the king of the Web3 security narrative, but now FHE is quietly taking its place—
As the most attention-grabbing track for the next decade,
I am convinced that AI will continue to thrive, and AI Agents are currently the most talked-about aspect of the application layer;
I have previously written many related research reports;
Personally, I believe that the future Agentic World will not lack Agents; what it lacks is a trustworthy, secure, and encrypted coordination layer;
And I focus on
@mindnetwork_xyz
, not because it just launched on Binance contracts, nor because it has the halo of Binance investment, EF Grants, Chainlink Build, etc.,
but precisely because it is currently the only project that has truly brought FHE from underlying engineering into the AI Agent scenario.
Why is this important?
Because the AI world is rapidly evolving towards an 'Agentic World': AI is no longer just a tool, but a collaborator, executor, and player.
However, one question has been overlooked—how does an Agent trust another Agent? Has the model been tampered with? Is task execution a black box? Can the results be verified?
ZK guarantees partial privacy, while FHE enables true computation and verification in a fully encrypted state. And Mind Network is addressing this urgent need.
More critically, the current $FHE FDV is only 58M, even lower than the entry price of the previous VC round (100M).
From the perspectives of application scenarios, valuation logic, engineering implementation, and trading rhythm, it possesses all the conditions for a narrative to shift from 'early consensus' to 'widespread diffusion.'
In the narrative of AI x Web3, most projects are still telling stories, while only a very few are constructing the structural puzzle. Mind is one of the latter.
Mind is waiting for spot landing + more head projects to go live; this track may not be a Narrative, but the Infrastructure itself;
