Mind Network Was Selected for Season 5 of the Binance Labs Incubation Program

In November 2022, Mind Network was selected for Binance Incubation Camp Season 5 as the only data project, out of 900+ applicants.

The Binance Labs Incubation Program is a chain-agnostic initiative that aims to empower innovative blockchain projects to shape the future of Web3. The fifth (and current season) of the program has received over 900 applications, making it the program’s most contested iteration to date.

Through a rigorous review of the applications, 12 projects were selected to participate this season, spanning infrastructure, zkDID, DeFi, tooling, security, gaming, and payment sectors. Mind Network was the only data project selected to join this season.

George (our Co-Founder and CTO) attended the program in Paris. The curriculum was tailored to the founder’s needs and enhanced with exclusive ecosystem resources, including but not limited to fireside chats with market leaders and an investment-focused demo day. Our team is looking forward to the upcoming demo day in early 2023.

Check the full article from Binance Blog.

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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