Binance says its latest hack involved multiple breach points.
More complexity can mean more ways in for attackers.
It’s why we follow KISS at Minima. Keep it simple. It’s no security guarantee, of course, but fewer moving parts give attackers less to work with.
Minima
Edge-native layer-1 blockchain running full constructing and validating nodes on mobile and IoT hardware
3.3/ 5
Our score
Fair
Layer
Layer 1
Native token
MINIMA
What is Minima?
Minima is an open-source, edge-native layer-1 blockchain engineered to run full constructing and validating nodes directly on compact hardware, including Android smartphones, Raspberry Pi units, and embedded microchips. Minima enables complete network validation on edge devices to secure physical artificial intelligence systems, Internet of Things hardware, and machine-to-machine payments.
Founders and corporate structure
The network was founded in 2018 by Chief Executive Officer Hugo Feiler, who previously spent over 20 years managing marketing communications across tech, automotive, and telecoms sectors, alongside Chief Technology Officer Paddy Cerri, a former Bitcoin maximalist who served as Chief Architect. Minima AG is based in Zug, Switzerland, with operational teams in London. Financing includes a $2.5M investment from Blockchange Ventures, a $1.05M round in January 2023, a $1M IDO in April 2023, and a convertible community round exceeding $1M completed in July 2026 on Republic Europe.
Edge architecture and core mechanics
Every connected device running Minima Core constructs and validates blocks locally. The platform secures device identity and value transfer via its native MINIMA token, capped at a maximum supply of 1,000,000,000 units. Alongside native payments, the ecosystem includes Integritas for verifying AI workflows and software records, Edge Studios for developing edge applications, and Minima on Chip, an initiative for embedding Minima functionality into original equipment manufacturer silicon architectures.
Milestones and track record
Following its launch in 2018, Minima released full-node Android apps on the Google Play Store and Samsung Galaxy Store in the third quarter of 2022. A public token trade launch took place on November 20, 2024, with 173.99M tokens sold. By October 2026, circulating supply reached 553.37M MINIMA. The token traded at an all-time high of $0.1351 in December 2024 before touching a low of $0.003039 in April 2026. The team published an incident disclosure in September 2026 regarding a Web Wallet incident and reported a revised C++ client and RAM optimizations for low-resource nodes.
Founders
Hugo FeilerCo-Founder & CEO
Over 20 years of experience as a CEO and Managing Director in marketing communications across technology, automotive, and telecoms sectors.
Paddy CerriCo-Founder & CTO
Chief Architect and former Bitcoin maximalist.
Best for:IoT device manufacturersAI workflow provenance trackingAutonomous machine-to-machine paymentsMobile full-node operators
Pros and cons
Pros
- Runs full constructing and validating nodes directly on Android phones and embedded devices
- Fixed hard cap of 1,000,000,000 MINIMA tokens prevents programmatic supply inflation
- Secures device identity and AI provenance at the physical data origin
Cons
- Suffered a disclosed Web Wallet security incident in 2026
- Token price dropped over 97% from its December 2024 peak to April 2026
Our review
3.3/5
Fair
Minima enables full constructing and validating nodes directly on mobile and edge devices, but its non-standard architecture lacks broad smart-contract tooling and liquid decentralized finance markets.
Minima is an open-source, edge-native layer-1 blockchain engineered to run full validating and constructing nodes directly on consumer hardware, including mobile phones and Raspberry Pi single-board computers. Founded in 2018 by Hugo Feiler and Paddy Cerri, the network replaces resource-heavy consensus models with a lightweight framework where each participating node independently creates and validates blocks. The protocol uses hash-based signatures and targets internet-of-things devices, physical AI workflows, and machine commerce.
The network is designed to let connected devices run full nodes. Enterprise products like Integritas provide verifiable data provenance for machine outputs and AI decision logs.
However, running an idiosyncratic layer 1 brings major trade-offs:
- The MINIMA token fell from a high of $0.1351 in December 2024 to an all-time low of $0.003039 in April 2026.
- The project faced security hurdles, including a publicly addressed Web Wallet incident in 2026.
Minima AG operates out of Zug, Switzerland, and raised institutional capital from Blockchange Ventures before generating more than $1,000,000 via a community convertible round on Republic Europe in July 2026.
Specs
| Layer | Layer 1 · unverified |
|---|---|
| Native token | MINIMA · unverified |
| Sequencer | Not applicable · unverified |
Not disclosed by the provider: Consensus / design, EVM compatible, Smart contract languages, Block time, Typical transaction fee, Finality, Validators / sequencer, Mainnet since, Throughput (TPS), Data availability, Gas paid in.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Edge node validation
Runs complete validating and block-constructing nodes on standard Android devices, Raspberry Pis, and embedded chipsets.
Integritas audit engine
Logs enterprise AI agent workflows, software execution events, and device operations as tamper-proof on-chain records.
Machine-to-machine payments
Enables autonomous devices to settle peer-to-peer transfers using native MINIMA tokens and supported stablecoins.
Edge Studios environment
Provides a development environment for building Minima-enabled edge applications on hardware such as Raspberry Pi.
Capped token supply
Operates with a fixed maximum supply of 1,000,000,000 MINIMA tokens across all network operations.
Minima on Chip integration
Integrates Minima blockchain functionality directly into OEM silicon architectures.
Inside Minima
Minima Core
The open-source, edge-native layer-1 blockchain client that enables connected devices, machines, and microcomputers to run full constructing and validating nodes.
Integritas
An enterprise verification platform designed to log tamper-proof audit trails, verify software outputs, and record AI agent decisions at the edge.
Edge Studios
A developer workspace and workbench environment built for testing and building Minima-enabled edge applications on hardware like the Raspberry Pi.
Minima on Chip
An embedded silicon initiative that integrates Minima blockchain verification and node execution directly into OEM chip designs.
Minima screenshots
What users say about Minima
There is insufficient user feedback to evaluate Minima, as available posts consist only of promotional links. No specific praise or complaints regarding the platform were shared.
Based on 7 Reddit posts and comments from the last 12 months, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used Minima? Share your experience below.
Funding and investors
$3.5MTotal raised
2Rounds
2Investors
-
IDO Apr 2023 $1MP/ Public / Community
-
Funding round $2.5M
FAQ
Who founded Minima?
Minima was founded in 2018 by Hugo Feiler, who serves as CEO, and Paddy Cerri, who serves as CTO and Chief Architect.
Does Minima have a native cryptocurrency?
Yes, Minima operates with the native MINIMA token, which has a hard-capped maximum supply of 1 billion tokens.
How does Minima achieve decentralization?
Minima allows every connected device, including Android smartphones and microcomputers, to run a full node that both constructs and validates transactions.
Has Minima experienced any security incidents?
Minima published an account of a Web Wallet incident in September 2026.
What is Minima Integritas?
Integritas is Minima's enterprise verification platform, built to create immutable audit trails and verify data generated by software and autonomous AI agents.
Latest from Minima on X
AI doesn’t need to wipe out humanity to cause a problem.
It only needs to be wrong once - and leave no reliable evidence of what happened.
AI Logger creates a protected, independently verifiable record of captured AI inferences.
When the output is challenged, keep the receipts.
Test your audit trail: https://t.co/DEVfg95PIc
It only needs to be wrong once - and leave no reliable evidence of what happened.
AI Logger creates a protected, independently verifiable record of captured AI inferences.
When the output is challenged, keep the receipts.
Test your audit trail: https://t.co/DEVfg95PIc
Our Public Dev Call recording from last week is now up on Youtube !
https://t.co/QApXn12ljz
On this call Paddy and Barry talk about why Minima's hash-based signatures matter now that people are discussing ECDSA being broken before Q-Day, the debate about AI consciousness and AI-written code, and what's new in Minima Core
Let us know what you think in the comments on YT or the replies to this post 🔥
https://t.co/QApXn12ljz
On this call Paddy and Barry talk about why Minima's hash-based signatures matter now that people are discussing ECDSA being broken before Q-Day, the debate about AI consciousness and AI-written code, and what's new in Minima Core
Let us know what you think in the comments on YT or the replies to this post 🔥
The latest Public Dev Call recording is up!
A state-of-the-DEXes deep dive, a live Atomix demo, PandaPools yield, and a promising Chip update. 🎥
Watch the full recording here 👇
https://t.co/PyyTXxQjfy
Let us know what you thought in the replies or YT comments 🔥
A state-of-the-DEXes deep dive, a live Atomix demo, PandaPools yield, and a promising Chip update. 🎥
Watch the full recording here 👇
https://t.co/PyyTXxQjfy
Let us know what you thought in the replies or YT comments 🔥
Another fantastic public developer call!
Eurobuddha demoed his app suite (Parlons, PandaPools, and more), plus Minima Classic's reworked MDS hub, before unveiling Minima C++ — still in internal testing but built to unlock the chip's full potential.
Spartacusrex then walked us through big RAM improvements for Minima Core (huge for MegaMMR nodes) and teased a KeyUses fix using block number as a counter, currently in testing ahead of a public release.
Watch it here : https://t.co/jtJ6Ydddwo
Let us know what you down below 🔥
Eurobuddha demoed his app suite (Parlons, PandaPools, and more), plus Minima Classic's reworked MDS hub, before unveiling Minima C++ — still in internal testing but built to unlock the chip's full potential.
Spartacusrex then walked us through big RAM improvements for Minima Core (huge for MegaMMR nodes) and teased a KeyUses fix using block number as a counter, currently in testing ahead of a public release.
Watch it here : https://t.co/jtJ6Ydddwo
Let us know what you down below 🔥
Recent public posts from @Minima_Global, shown as published. Not reviewed or endorsed by CryptoReview.
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