Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.
As a frontrunner in decentralized personal data networks, Masa Network has established a strategic partnership with LayerZero, a leading name in interoperability protocols. This partnership aims to connect different blockchains, paving the way for the development of multi-chain applications, tokens, and user experiences.
Through the integration with LayerZero, Masa Network will enable seamless data exchanges across its ecosystem, initially launching on a dedicated Avalanche Subnet and subsequently expanding to include Ethereum and Binance Smart Chain. Leveraging LayerZero’s Omnichain Fungible Token (OFT) Standard, the MASA token’s compatibility will extend to include networks like Polygon, Base, and Celo, among others, facilitating easy cross-chain token transfers.
In line with its network’s mainnet debut, scheduled around April 11, 2024, Masa plans to introduce its MASA token, emphasizing user empowerment in managing personal data in an AI-centric future. By encrypting, and storing digital footprints, and social graphs in a secure, private Zero-Knowledge Soulbound Tokens (zkSBTs) locker on the Masa Network, individuals are equipped to control, share, and monetize their data. This data can then be utilized for AI training, powering AI tools, and developing cutting-edge AI solutions, with users rewarded in MASA tokens for their contributions.
Calenthia Mei, the Co-founder of Masa, said, “Masa is thrilled to be integrating with LayerZero Labs, which has become the industry standard for interoperability. Masa wants to empower users to own, share, and earn from their data, no matter which blockchain network their data is on. With LayerZero’s support, we are excited to be cross-chain and interoperable from the very beginning.”Masa has emerged as a pivotal platform for AI training, featuring privacy-first personal data, supported by over 1.4 million unique wallets and boasting more than 37 million proprietary data points. The network offers developers access to extensive, private user data, enabling them to build advanced AI models, craft unique applications, implement decentralized marketing strategies, and more. Additionally, Masa is preparing to provide pre-built large language models that facilitate instant data searches within its ecosystem.
Simon Baksys, VP of Business of Development at LayerZero, commented “We are excited to collaborate with Masa to enhance privacy and innovation in AI development. The integration of LayerZero infrastructure with Masa’s ecosystem will enable accelerated development of personalized AI applications while ensuring user data remains private and secure.”
LayerZero stands as an innovative interoperability protocol that links over 50 blockchains, allowing developers to create cohesive omni-chain applications, tokens, and experiences. This is achieved through a strong security framework and a decentralized message transfer system. Masa Network empowers individuals to take ownership of, share, and reap benefits from their personal data, creating a scalable, secure, and comprehensive data marketplace for developers. Since its launch in August 2022, Masa has witnessed significant growth, amassing over 1.3 million unique wallets and more than 37 million proprietary data points. With over $9.2 million in funding from leading investors and backing from key accelerator programs, Masa Network is at the forefront of shaping the future of data-centric applications in the era of AI.
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