What is Mind Network: It is the 'privacy operating system' in the Web3 world, allowing users to use data on-chain while safeguarding privacy.
✅ Mind Network investment research logic (simplified version)
Web3 data privacy + data rights confirmation + data monetization (DataFi) is similar to a Web3 version of 'data privacy layer + decentralized data control platform'
Primarily addressing: Centralized control of data and privacy exposure issues in the Web3 world
1. Industry Trend Matching Degree:
Whether the project capabilities align with the trend of Web3 security and privacy.
✅ Bull market necessity, explosive point not yet released; data rights confirmation/variation (DataFi)
✅ Aligns with DePIN/ZK/Modular data direction DID (Digital Identity)
✅ Combined with SBT/social layer, there is practical use
2. Technical moat (is there a 'ceiling')
✅ Zero trust architecture + homomorphic encryption: achieving 'encrypted computation', not just simple data encryption
✅ Composable privacy smart contracts: can be integrated into any DApp, forming protocol network effects
✅ End-to-end SDK toolkit: has the potential for large-scale implementation
✅ Data revenue model design: not only protects privacy but also allows users to 'make money'. Technically not considered 'innovative limits', but highly practical and can be rapidly scaled and implemented, not a conceptual project.
3. Project Progress and Ecological Construction
🔹 Selected for Binance Labs S4 incubation program (referencing previous projects like SpaceID, Hooked, pSTAKE)
🔹 Gained backing from multiple partners including Chainlink, Arweave, BNBChain, etc.
🔹 DApp SDK is integrating with some social protocols and DeFi protocols
🔹 Complete website, white paper, and demo; not a 'three-no project'
4. Background of investors/institutions
✅ Binance Labs (primary backing)
✅ Hashkey, Arweave community, Chainlink join the cooperative ecosystem
❗ Need to pay attention to whether there is long-term VC binding vs. short-term IDO new investment risk
5. Risk point reminder:
❗ Currently, the user education difficulty in the Web3 privacy track is quite high
❗ The DePIN + DataFi model relies on sufficient ecological cooperation to take off
❗ Whether it can continue to be integrated into DApps is a matter of life and death
🪙 $FHE Token Issuance and Market Performance
📈 Current market performance (as of April 23, 2025)
* Current price: approximately $0.099
* 24-hour trading volume: approximately $46.25 million
* Circulating market value: approximately $24.88 million
* Circulating supply: approximately 249 million $FE
* Maximum supply: 1 billion $FE
* Initial ROI: approximately 6.6 times
📊 Token economic model (Tokenomics)
$FHE is the native token of Mind Network, with the following core functions:
* Governance: Participate in co-governance through MindDAO
* Fee payments: used for payments of privacy computation and AI agent execution fees
* Staking incentives: activate AI agents, node operation, and data provider rewards
* Cross-chain bridging: supports cross-operations of MindChain, Ethereum, and BNB Smart Chain
The project also launched the 'CitizenZ' community plan, aimed at protecting users' digital sovereignty through FHE technology and promoting the application of the 'HTTPZ' protocol for safer Web3 browsing verification.
💰 Investors & Financing Situation
Seed round financing: June 2023, raised $200,000
Round A financing: September 2024, raising $1 million
Total financing: $1.2 million
Main investors: Binance Labs, Animoca Brands, etc.
✅ Investment Advice (as of April 2025)
Short: The token has achieved approximately 6.6 times growth, and may face profit-taking pressure in the short term; cautious operations are recommended.
Medium: If the project can successfully promote the application of FHE technology and integrate with more DApps, it has mid-term growth potential.
Long: With the increasing demand for privacy computing in Web3, Mind Network's technical advantages may bring long-term value.