According to TechFlow, Mind Network announced the launch of the Alpha mainnet, which uses fully homomorphic encryption (FHE) technology to enhance the security and efficiency of AI and PoS networks. The Alpha mainnet supports Flexi Pool with flexible access and Club Pool with fixed lock-up period.

The first batch of supported networks and assets include Ethereum and its staked assets, such as pufETH, ezETH, eETH, swETH, etc. Users can participate in re-staking through these assets and receive Mind XP and multi-staking rewards.

Earlier news said that Mind Network completed a US$2.5 million seed round of financing, with Binance Labs, HashKey Capital and others participating in the investment.