Breaking! The new rising star project in the AI track, Mind Network, is gaining momentum!
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;
Mind Network is a re-staking layer for POS and AI networks using FHE (Fully Homomorphic Encryption).
Our framework operates as an FHE verification network, providing secure computing and consensus for A, DePIN, EigenLayer AVS, Bittensor Subnet, and many key POS networks.
Mind Network is supported by Binance Labs, Hashkey, Big Brain, Chainlink, Comma3, and Sevenx, and has received funding from Ethereum to research the practical implementation of FHE technology on Ethereum.
Mind Network Team Information
The Mind Network team consists of industry veterans. CEO Mason is an Ethereum researcher; CTO George was a researcher at the University of Cambridge, whose research has been adopted by the UK government and mainstream banks; Chief Security Officer Dennis is the world's first white-hat hacker to successfully remotely control a Tesla in 2014;
Award-winning cryptographic scientist Ashely is from the European Academy of Sciences team. Other team members include serial entrepreneurs, experts from leading internet companies, and veterans in Web3 products and marketing.
Mind Network Financing Information
2023-06-29 Mind Network completed a $2.5 million seed round financing, with investments from YZi Labs and Arweave SCP Ventures.
2024-09-27 Mind Network completed a $10 million Pre-A round financing with participation from Animoca Brands.
Mind Network Technical Advantages
Mind Network's core competitiveness lies in its advanced technology. The project team has developed a series of algorithms and models with independent intellectual property rights through in-depth research and practice.
These algorithms and models excel in data processing, feature extraction, and model training, significantly enhancing the accuracy and efficiency of AI systems. Additionally, Mind Network emphasizes continuous innovation and upgrades in technology, constantly launching new features and optimization schemes to meet the diverse needs of the market.
Project Summary
Overall, we find that while Mind talks about FHE and AI, the key word is actually "security," using cryptography to address various core security issues.
Mind Network aims to build a suite of FHE-based secure consensus products for AI agents, creating a decentralized, zero-trust, quantum-resistant Web3 environment to promote the integration of AI and Web3, achieving secure intelligent computing.
0G (The largest L1 of AI) is moving towards the mainnet! According to official news, the 0G Foundation has adjusted its initial token economic model based on community feedback, with a total supply of 1 billion tokens and an initial circulation of approximately 21.32% at the Token Generation Event (TGE). The token distribution plan is:
Community share 56% (including community rewards 13%, ecological growth 28%, and A1 aligned nodes 15%);
However, in the current cryptocurrency market where risk aversion is high and liquidity is tight, investors are more cautious when choosing targets and prefer to look for projects with high growth potential, strong backgrounds, and reliable teams. In this context, the LSDFi project ListaDAO in the BNB ecosystem has become a noteworthy choice due to its excellent track selection, capital support, and team operational capabilities. Since its predecessor Helio Protocol received a $10 million investment from Binance Labs in August 2023, ListaDAO has shown strong development momentum. After its launch, it successfully launched two rounds of airdrop incentive tasks, attracting nearly 250,000 Twitter followers and maintaining close collaborations with BNB ecosystem projects.
Why is Gensyn viewed as the next potential project by capital? Top Investment Endorsements a16z, CoinFund, and other institutions have made consecutive investments over three rounds, valuing its vision of 'AI democratization'—leveling the playing field for startups and giants alike. A Billion-Dollar Market Gap Global AI computing power demand is expected to exceed $250 billion by 2025, while Gensyn's distributed model can activate hundreds of billions in idle resources. Mainnet Launch Countdown The testnet has been launched, and the mainnet is expected to go live in Q2 2025, with early participants enjoying token bonuses. #Gensyn
In about half an hour, Babylon will go live, and multiple exchanges such as Binance and OKEx will also go live. Let's wait and see how it performs! #baby
Good news continues in the second quarter, the Babylon mainnet has reached the second phase out of a total of three phases! Coming online soon! #Babylon
The AI track, without a doubt, is bound to be this year's big favorite in storytelling. Just look at the investment efforts from major VCs in artificial intelligence last year to understand why!
Gensyn is a star project in the AI track focused on computing protocols, led by a16z, with well-known venture capitalists gathering around it, and it operates discreetly, making it worth looking forward to!
Monad will officially close the channel at 23:30 on the evening of the 21st! All submissions will be stopped. After that, no forms of submission will be accepted. Please be aware! Coming online soon! #Monad
The world's largest AI L1 blockchain 0G primary subscription is about to close completely, a top public chain project not to be missed in 25 years. Seize the last opportunity! #0glabs
New Aircraft Carrier in AI Track PIN AI AI16z's key layout for this year’s AI star, with immeasurable potential for the future. Coupled with the fact that this year is the dawn of AI, there is huge room for growth. Currently, there are still quotas available, and the project is in its early stages, with a very perfect release mechanism! #PIN
The new public chain parallel EVM king Monad, benchmarks ETH and SOL, raised $225 million in a single financing round, with institutions investing real money; retail investors have no choice but to follow or regret, and there are only a limited amount of quotas left!
The Federal Reserve's interest rate decision will be made at 2 AM on Thursday, with a 98% probability of maintaining the interest rate this week. #美联储利率决议即将公布
The world's largest AI L1 blockchain 0G primary subscription is about to close completely. Don't miss this top-tier public chain project of 2025, seize the last opportunity! #0glabs