Mind Network Monthly Recap for August 2023
August was a busy month for Mind Network! We made several key announcements, launched new features, and participated in several industry events. Here is a recap of August!
Key Highlights
Recognition:
- Mind Network co-founder Mason has been selected for the fourth cohort of the Ethereum Protocol Fellowship (EPF) and received a program grant from the Ethereum Foundation.
- We were selected for the Consensys Startup Program!
- Mind Network joined the Chainlink BUILD Program.
- Mind Network was selected for Binance Incubator Season 5. Season 5 fielded 900 applications but accepted only 12 projects. That’s a 2% acceptance rate!
Partnerships:
We partnered with around 8 projects this month:
Product:
- Our alpha test has been a huge success, with over 13,000 participants. More updates will be launched in September.
Events:
- We engaged in fruitful discussions with incredible partners at ETHCC.
- We participated in several online events, including Twitter Spaces sessions, Moledao’s Web3 Courses, and Mind Talk #01.
Research:
- We proposed an FHE-DKSAP solution on Ethereum Research to further improve privacy on Ethereum based on EIP-5564 from Vitalik.
- Realization of BTC to ETH bridge with zero knowledge proof and witness encryption. The mBridge Protocol is a groundbreaking solution designed to establish a seamless bridge between the Bitcoin and Ethereum blockchains.
Onward to September!
We are excited to announce that we will be participating in the following events in September:
Token 2049 in Singapore
- Booth #K22
- Hosting the side event: ZK in Autonomous Worlds
- Sponsoring ZK day
Messari Mainnet in NYC
- Running a discussion about zero trust in Web3 at the CryptoConvene stage
SmartCon in Barcelona
- Sponsoring as a BUILD member
- Will be at the Chainlink BUILD Showcase Booth
We are grateful for the support of our community and partners. We couldn’t have achieved so much without you. We look forward to continuing to build Mind Network with you in September and beyond!
About Mind Network
Mind Network is the first FHE Restaking Layer for POS and AI Networks. Our framework operates as an FHE validation network, bringing secure computation and consensus to AI, DePIN, EigenLayer AVS, Bittensor Subnet, and many critical POS networks. Mind Network’s solution has found initial product-market-fit with projects such as IO.Net, MyShell, Bittensor, AIOZ, Nimble AI, ChainLink, Connext and more adopting its solution. It has achieved 650k+ active users and 3.2M+ transactions processed on its testnet.
Mind Network is backed by Binance Labs, Hashkey, Big Brain, Chainlink, Comma3, SevenX, and received an Ethereum grant to conduct research on practical implementations for FHE technology on Ethereum.
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