Mind Network, an innovative platform at the forefront of data security and privacy in the Web3 ecosystem, is excited to announce the successful completion of its seed funding round, raising $2.5 million. The funding round was participated by Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital, and other notable investors.
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Mind Network has emerged as a pioneer in the Web3 space, empowering users with state-of-the-art encryption technology that provides unparalleled control over their personal data, financial transactions, and interactions. By leveraging advanced security principles, such as Zero Trust Security, Zero Knowledge Proof, and its proprietary Adaptive Fully Homomorphic Encryption techniques, the platform ensures robust protection and precise access control within the decentralized ecosystem.
“We are thrilled to receive the support and trust of our esteemed investors,” said Mason, a representative of Mind Network. “This funding will drive our relentless pursuit of groundbreaking technology and accelerate the widespread adoption of our platform across diverse industries, ensuring global data privacy and ownership for our valued users.”
Mind Network’s participation in the Binance Incubation Program Season 5 has been instrumental in their growth, benefiting from the expertise and guidance of Binance Labs, the VC and incubation arm of Binance. Furthermore, the company has been selected for the prestigious Chainlink BUILD Program, solidifying its commitment to establishing a Web3 ecosystem centered around protecting data privacy and ownership.
Oliver Birch, Global Head of Chainlink BUILD, expressed excitement about Mind Network joining their ecosystem, stating, “Their innovative approach to data security perfectly aligns with our mission, and we eagerly anticipate collaborating with them to shape the future of decentralized applications.”
Strategic partnerships with industry leaders, such as Chainlink, Consensys, and Arweave, have laid a strong foundation for Mind Network’s expansion. These alliances have also facilitated early support from global banks, insurance companies, and various decentralized applications (dApps) and protocols.
Mind Network takes pride in its exceptional team, comprised of accomplished leaders in their respective fields. George, the Chief Technology Officer, conducted groundbreaking research at Cambridge University, with his cryptographic insights adopted by the United Kingdom government and leading financial institutions. Dennis, the Chief Security Officer, made history as the first white hat hacker to breach Tesla’s security in 2014. The team further includes seasoned entrepreneurs, acclaimed scientists, and veterans in Web3 marketing.
With the successful completion of the seed funding round and the unwavering support of partners and investors, Mind Network is well-positioned to advance its mission of revolutionizing data security, privacy, and ownership in the Web3 era.
To learn more about Mind Network and its innovative technology, please visit:
Website: https://mindnetwork.xyz/
Twitter: https://twitter.com/mindnetwork_xyz
Medium: https://mindnetwork.medium.com/
Gitbook: https://mind-network.gitbook.io/mindnetwork/
Discord: https://discord.gg/UYj94MJdGJ
Telegram: https://t.me/MindNetwork_xyz
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