Mind Network Secures $2․5 Million in Initial Funding From Binance Labs and Other Prominent Venture Capitalists

PRESS RELEASE. Mind Network, an innovative level starring the mode successful information information and privateness wrong the Web3 ecosystem, is delighted to denote the palmy completion of its archetypal backing round, raising $2.5 million. Binance Labs, Comma3 Ventures, SevenX Ventures, HashKey Capital, Big Brain Holdings, Arweave SCP Ventures, Mandala Capital, and different notable investors participated successful the backing round.

Mind Network has emerged arsenic a frontrunner successful the Web3 arena, providing users with end-to-end encryption and granting them afloat power implicit their idiosyncratic data, fiscal transactions, and idiosyncratic interactions. By incorporating the principles of Zero Trust Security, Zero Knowledge Proof, and proprietary Adaptive Fully Homomorphic Encryption techniques, the level ensures robust extortion and entree power wrong the decentralized ecosystem.

“We are highly pleased to person the enactment and assurance of specified esteemed investors,” stated Mason, representing Mind Network. “This backing volition alteration america to further make our groundbreaking exertion and accelerate the adoption of our level crossed assorted industries, ensuring worldwide information privateness and ownership for our users.”

As a subordinate successful Binance Incubation Program Season 5, Mind Network has benefited from the expertise and guidance of Binance Labs, the VC and incubation limb of Binance. Moreover, the institution has been chosen to beryllium portion of the prestigious Chainlink BUILD Program, reaffirming its committedness to establishing a Web3 ecosystem centered astir information privateness and ownership.

“We are excited to invited Mind Network to our ecosystem,” commented Oliver Birch, Global Head of Chainlink BUILD. “Their innovative attack to information information aligns with our mission, and we eagerly expect collaborating with them to signifier the aboriginal of decentralized applications.”

Mind Network has formed strategical partnerships with manufacture giants, including Chainlink, Consensys, and Arweave, providing a coagulated instauration for the platform’s growth. These partnerships person besides facilitated aboriginal enactment from planetary banks, security companies, and assorted dApps and protocols.

Mind Network has assembled a formidable squad comprising accomplished leaders successful their respective fields. The CTO, George, antecedently conducted probe astatine Cambridge University, and the United Kingdom authorities and high-street banks person adopted his cryptographic findings. Dennis, the CSO, made past arsenic the archetypal achromatic chapeau hacker to breach Tesla’s information successful 2014. The remainder of the squad consists of serial entrepreneurs, award-winning scientists, and Web3 selling veterans.

With the palmy completion of the effect backing circular and the ongoing enactment from its partners and investors, Mind Network is well-positioned to beforehand its ngo of enhancing information security, privacy, and ownership successful the Web3 era.

To find retired much astir Mind Network and its groundbreaking technology, delight 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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