Mind Network Monthly Recap for January 2024

Mind Network
3 min readFeb 1, 2024

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Hello, Minders!

As we wrap up another productive month, let’s take a moment to reflect on the significant strides we’ve made in advancing Web3 privacy and security.

  1. Testnet Launch: A major highlight of the month was the official launch of our Testnet. This milestone marks a crucial step in our journey to offer a ‘Zero Trust Layer’ for all of crypto, securing blockchain transactions with Fully Homomorphic Encryption (FHE). We have 330k+ active wallets that have performed stealth transfers and bridges as of this writing! Catch the live Testnet campaign now: https://galxe.com/MindNetwork/campaign/GCWPqttnFx
  2. Strong Partnerships: We are officially Chainlink Channel Partners, deepening our work with and commitment to Chainlink. We are also working with multiple top 15 (by market cap) L1's and L2's to broaden their ecosystems’ use of our Zero Trust Layer. And we are partnering with a handful of exciting new projects, some of 2024’s rising stars for sure. Partnership announcements to follow!
  3. #MindChats Series: We kicked off our #MindChats series with the first episode titled “Our Multi-chain Future!” This episode featured insights from our team and a special appearance by Chainlink’s Principle Solutions Architect, which attracted more than 20.1k attendees. The focus was on exploring Chainlink’s Cross-Chain Interoperability Protocol (CCIP), which uses Mind Network’s Zero Trust Layer.
  4. AMA Sessions: MindNetwork made a guest appearance on two Polygon AMAs, one discussing decentralized physical infrastructure networks (DePin) and the other about how our Zero Trust Layer is essential for real world assets (RWA). We also were invited to LBanks Labs’ demo day, presenting Mind Network to hundreds of investment firms around the world.
  5. Educational Initiatives: We continued our educational outreach with #Mind101, shedding light on the intricacies of Fully Homomorphic Encryption (FHE). Our goal is to demystify these complex concepts and bring them closer to our community. Like and share if you find them valuable!
  6. Community Engagement: Our engagement with (you) the community remains a top priority. Our Twitter, Discord, and Telegram continue to moon!

February brings more exciting developments as well as our first big conference of the year, EthDenver!

Talk soon!

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.

Visit Our Website and Social Media Channels:

Website | Twitter | Medium | YouTube | Github | Gitbook | Discord | Telegram

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