Large companies and institutions, such as banks, need the @0xMiden system. The Miden team is working to provide this through privacy, compliance with government regulations, and strategic partnerships. Miden's strongest point is privacy, but it ensures this privacy by leaving it to the users' own initiative. This is exactly what institutions want, because they want to protect their trade secrets. Miden will solve this with ZK technology. Institutions are hesitant to use blockchain due to regulations (GDPR, AML, etc.). Miden will facilitate this by developing stablecoins that comply with regulations. Money issuers, such as banks, enforce the rules, but user balances remain private. For Miden, the first 300 users on Kaito will receive 0.2% of the total token supply in 3 phases according to mindshare ratios. The first snapshot will be on January 16th.