
Mind Network (FHE)
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Overview
Mind Network (ticker: FHE) is a privacy-first crypto project that brings Fully Homomorphic Encryption (FHE) to Web3 and AI. In simple terms, FHE lets apps compute on encrypted data without ever decrypting it. Mind Network pairs this with its Zero Trust Internet Transfer Protocol, called HTTPZ, to power end‑to‑end encrypted data, transactions, and AI agent workflows across chains. If you’re tracking the FHE price or the token’s growth drivers, the big idea is clear: Mind Network aims to be the encryption backbone for decentralized apps, AI agents, and cross‑chain activity. Together, the Mind Network blockchain components, AgenticWorld app layer, and the FHE token create a vertically integrated stack for private compute in crypto. (docs.mindnetwork.xyz)
Why FHE matters now
Modern cryptography is moving toward post‑quantum standards. In August 2024, the U.S. National Institute of Standards and Technology (NIST) approved new Federal Information Processing Standards based on lattice cryptography, the same family of math that underpins Mind Network’s approach. This alignment helps explain why FHE is getting so much attention from builders and enterprises today. (nist.gov)
Price, Market Position, and Liquidity
As of 10/21/2025 15:00 UTC, Mind Network (FHE) trades at $0.035 with a -2.62% move over the last 24 hours.
The market capitalization stands at $8.8M, placing it at rank #1877 by market value.
Daily trading volume is $8.1M. Mind Network (FHE) has moved +10.78% over the past seven days and -43.37% across the last 30 days.
History & Team
Mind Network was founded in 2022 by a trio with backgrounds in crypto infrastructure and applied cryptography: Christian Pusateri (Co‑Founder and Co‑CEO; also leads BD/Marketing), Mason Song (Co‑Founder & Co‑CEO), and George Shao (Co‑Founder & CTO). The company operates globally and builds toward a fully encrypted web for AI, DeFi, and multi‑chain apps. (crunchbase.com)
Since inception, the team has shipped several user‑facing and developer products, including AgenticWorld (for launching and training encrypted AI agents), FHE Bridge (for secure cross‑chain transfers), MindSDKs (developer tools), and an FHE‑based voting layer called MindV (ended on March 31, 2025, succeeded by AgenticWorld). (mindnetwork.xyz)
Technology & How It Works
The core: Fully Homomorphic Encryption (FHE)
FHE allows computations to run on ciphertexts. Data stays encrypted at rest, in transit, and in use. Mind Network implements this to safeguard AI prompts, model outputs, wallet actions, and on‑chain logic. Because FHE is lattice‑based, it aligns with the new NIST post‑quantum standards for general encryption and signatures, adding future‑proofing to the stack. (nist.gov)
HTTPZ: from HTTPS to a Zero Trust standard
HTTPZ is Mind Network’s Zero Trust Internet Transfer Protocol. It extends the familiar HTTPS model by keeping data encrypted during processing, not just during transport. In practice, this supports privacy‑preserving consensus, secure cross‑chain transfers, confidential AI agent collaboration, and even private in‑game votes. For developers, HTTPZ offers an encryption‑first path to build apps that never expose raw user data. (docs.mindnetwork.xyz)
MindChain and the encrypted app layer
- MindChain: a purpose‑built FHE chain optimized for AI agents and privacy‑preserving consensus.
- AgenticWorld: a user app where anyone can stake FHE to launch “Agentic AIs,” train them in Hubs, and use them in tasks that require private compute. During launch, activating an agent required a smaller stake (limited‑time), then standardized at 100 FHE; rewards are tied to training/working in Hubs, with lockups and unbonding windows for sustainability. (docs.mindnetwork.xyz)
FHE Bridge and cross‑chain movement
FHE Bridge connects Ethereum, BNB Chain, and other EVM networks, enabling privacy‑preserving asset movement—including the FHE token—across chains. The bridge flow is designed for regulated and enterprise contexts and references Chainlink’s CCIP for cross‑chain messaging velocity. (docs.mindnetwork.xyz)
Tokenomics & Utility
The FHE token is the native utility and governance asset of the Mind Network ecosystem. It is used to:
- Launch and run AI agents in AgenticWorld by staking FHE.
- Pay for FHE‑secured computation across Mind Network services.
- Participate in protocol governance (MindDAO and Hub‑level proposals).
- Reward validators, users, and developers building privacy‑preserving apps. (docs.mindnetwork.xyz)
Mind Network tokenomics at a glance
- Total supply at genesis: 1,000,000,000 FHE.
- Initial circulating supply: 24.9%.
- Allocation: Community 30% (distributed over 60 months), Airdrop 11.7% (portion at TGE; future airdrops), Public Sale 5%, Investors 20% (48‑month vesting, 12‑month cliff), Team 17% (48‑month vesting, 12‑month cliff), Advisors 1.3%, Liquidity 5% (at TGE), Treasury 10% (release schedule with cliff). The design emphasizes long‑term growth and heavy community participation, which is central to Mind Network tokenomics. (docs.mindnetwork.xyz)
Contract addresses are available for Ethereum, BNB Smart Chain, and MindChain; Mind Network maintains a public contracts repository and explorer links for verification. (docs.mindnetwork.xyz)
Ecosystem & Use Cases
Mind Network is actively building a privacy‑preserving ecosystem across Web3 categories—Mind Network DeFi, NFTs, gaming, AI, and cross‑chain finance.
- AI and agent economies: AgenticWorld hosts “Hubs” where agents train and then work on tasks. Core Hubs cover foundational skills such as FHE consensus and random number generation; Advanced Hubs add domain‑specific scenarios like healthcare data and multi‑agent reasoning. (gate.io)
- Healthcare and data DAOs: The World AI Health Hub on BNB Chain (and later with VANA) enables encrypted health data contributions and research collaboration, with FHE guaranteeing that raw data stays private. (docs.mindnetwork.xyz)
- Cross‑chain finance: The FHE Bridge focuses on compliant, verifiable, cross‑chain flows so institutions and DeFi apps can move assets privately and check integrity end‑to‑end. (docs.mindnetwork.xyz)
- Partnerships and integrations: Mind Network collaborates with Zama on FHE libraries and has featured integrations like DeepSeek’s use of Mind’s FHE Rust SDK for encrypted AI consensus. The project also highlights its involvement with the Chainlink BUILD program and participation in Ethereum‑related research grants. (docs.mindnetwork.xyz)
- Gaming, NFTs, and governance: HTTPZ and FHE support fair randomness, private voting, and identity‑aware rewards without leaking user data. This is relevant to on‑chain games, NFT airdrops/passports (e.g., CitizenZ), and DAO decisions. (docs.mindnetwork.xyz)
Advantages & Challenges
Advantages
- End‑to‑end privacy with FHE: Data remains encrypted during computation, reducing exposure risk in AI, DeFi, and cross‑chain workflows.
- Post‑quantum alignment: Lattice‑based cryptography, consistent with NIST’s 2024 post‑quantum standards, positions the stack for long‑term resilience. (nist.gov)
- Ecosystem depth: Products like AgenticWorld, FHE Bridge, and MindSDKs make the technology usable by both developers and everyday users. (docs.mindnetwork.xyz)
- Backing and traction: The project reports $12.5M total fundraising and active partnerships and programs across the crypto industry. (mindnetwork.xyz)
Challenges
- Technical complexity: FHE is heavy math, and building smooth developer and user experiences takes time.
- Performance and scalability: Homomorphic operations can be costlier than standard compute; engineering trade‑offs and hardware acceleration will matter.
- Integration curve: Legacy dApps and AI pipelines need patterns and SDKs to adopt FHE widely; education and tooling are still evolving.
Where to Buy & Wallets
If you’re wondering where to buy FHE, the token has been listed by several centralized exchanges. Mind Network’s own how‑to guide notes FHE availability on major CEXs, and multiple venues have announced spot listings:
- Gate.io announced FHE/USDT spot trading on April 10, 2025. (gate.io)
- BingX listed FHE/USDT in its Innovation Zone on April 10, 2025. (bingx.com)
- CoinEx announced FHE/USDT on April 10, 2025. (announcement.coinex.com)
- BitMart posted a primary listing notice for April 10, 2025. (bitmart.zendesk.com)
Mind Network’s “Get $FHE” guide explains how to purchase on a CEX, then withdraw to BNB Chain or MindChain for use in AgenticWorld. It also mentions Binance Wallet for DApp access, and common self‑custody wallets like MetaMask or Trust Wallet for BNB Chain. If your exchange does not support a direct MindChain withdrawal, you can withdraw to BNB Chain and then use FHE Bridge. Always confirm the network before withdrawing. (docs.mindnetwork.xyz)
Note: Contract addresses and chain options are published in the official docs; verify the token contract before transacting. (docs.mindnetwork.xyz)
Regulatory & Compliance
Mind Network regulatory status
Mind Network describes FHE as a utility and governance token for the ecosystem. The project operates with U.S. Terms of Service governed by New York law, which is relevant for contractual matters with users. That said, token availability can vary by jurisdiction and exchange. The docs and site do not position FHE as a regulated security; instead, they frame it as the native token for governance, staking, and encrypted computation access. (docs.mindnetwork.xyz)
Halal and Shariah considerations
Is Mind Network halal? There is no public halal certification or third‑party shariah audit disclosed by the project as of October 5, 2025. Therefore, it would be inaccurate to describe FHE as shariah compliant at this time. If “Mind Network halal” or “FHE shariah compliant” status becomes important for your organization, look for an official certificate or fatwa from a recognized Islamic finance auditor or advisory board. (mindnetwork.xyz)
Future Outlook
Mind Network is positioning itself at the intersection of encrypted compute and agentic AI. Several signals point to growing adoption:
- Ecosystem momentum: public listings of FHE across exchanges, an expanding AgenticWorld with new Advanced Hubs, and health‑data campaigns on BNB Chain with VANA suggest rising on‑chain activity. (mindnetwork.medium.com)
- Enterprise‑leaning features: documentation highlights FHE Bridge with compliance‑friendly design, and site updates reference collaborations (e.g., with DeepSeek and program recognition by BNB Chain’s Kickstart). These tie privacy engineering to real‑world AI needs. (docs.mindnetwork.xyz)
- Post‑quantum tailwinds: as governments and enterprises shift to lattice‑based standards, FHE‑ready systems can benefit. This trend underpins long‑term demand for encrypted compute, regardless of near‑term market cycles that can affect the FHE price. (nist.gov)
Key milestones to watch include: more cross‑chain integrations, growth in AgenticWorld usage, new SDK releases, and any audited proofs or performance benchmarks that make FHE development easier for mainstream teams.
Summary
Mind Network is building a full‑stack privacy layer for Web3 and AI, with FHE at its core. The project weaves together the Mind Network blockchain components, HTTPZ as a Zero Trust protocol, AgenticWorld for user‑level AI agents, and the FHE token for governance, staking, and compute access. Backed by recognized investors and aligned with modern cryptography standards, Mind Network aims to serve as a foundational privacy fabric for DeFi, NFTs, gaming, and AI applications. If you are evaluating the ecosystem, focus on how HTTPZ, MindChain, and AgenticWorld come together, how Mind Network tokenomics support builders and users, and where to buy FHE so you can try the tools yourself. As the industry moves toward post‑quantum security and encrypted AI, Mind Network’s approach to end‑to‑end private computation is well positioned to play a central role. (docs.mindnetwork.xyz)
Description
#1877
Mind Network introduces an FHE Restaking Layer to enhance security for decentralized networks. Utilizing Fully Homomorphic Encryption (FHE), this layer is built on a restaking framework to scale consensus security, offering a more secure and efficient approach to system security in Web3.
Sector: | Liquid Staking |
Blockchain: | Ethereum |
Market Data
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