Masa Prepares for April Mainnet Launch with Over 1.2M Wallets and 23M Data Points
Masa, the foremost decentralized network for personal data, has experienced remarkable growth since its inception in August 2022, accumulating more than 1.2 million unique wallets and surpassing 23 million proprietary data points. Additionally, despite a bear market, it has attracted over 40,000 node operators to its Masa oracle testnet in the last 18 months.
This momentum highlights the growing demand among users for complete control over their data, propelling Masa to become one of the quickest expanding Web3 communities as it approaches its eagerly awaited mainnet launch in April. Additionally, more than 70 prominent Web3 companies, including Polygon, zkSync, QuickSwap, Injective, and Celo, have become early adopters of Masa’s offerings.
In the age of AI, Masa is creating a scalable, secure, and robust worldwide data marketplace. The platform enables millions of developers to craft innovative apps with a privacy-centric approach to user data. In addition, Masa has secured over $9.2 million in investments from top backers like DCG, Anagram, and GoldenTree and has been nurtured by Coinlist’s Seed Program and Binance’s Most-Valuable-Builder Accelerator.
Shaping the Future of Data Autonomy and Web3
Currently, personal data, ranging from browsing histories to Twitter posts, is confined within closed ecosystems dominated by large tech companies. This personal information is often redistributed without the user’s approval or financial recompense. The rapid expansion of AI technologies has further intensified this grab for data, with personal information being utilized extensively to train AI models and agents.
Masa is dedicated to transferring the control of personal data back to the individuals. It has introduced Zero-Knowledge Soulbound Tokens (zkSBTs), a cutting-edge encryption technology, which acts as a personal data storage solution without the need for cookies. This technology securely encrypts and stores an individual’s digital activities and social connections, encompassing internet browsing history and decentralized application usage, within a private zkSBT data locker, ensuring complete privacy.
In addition, Masa has announced that its public token sale will occur on CoinList, a highly esteemed platform in the sector, on March 7, 2024, at 16:00 UTC. Users interested in the community sale should register by the deadline of March 4, 2024, at 12:00 UTC. Over 300,000 individuals have already registered for the Masa token airdrop. This eagerly awaited release of the MASA token aligns perfectly with current market trends favoring projects centered on data and artificial intelligence.
Masa Co-founder Calanthia Mei said, “In the age of AI, our personal data is mined and resold by tech companies every day to train AI models and AI agents. Everyone deserves to own and earn from their data. Masa’s invention of zkSBT finally makes this dream a reality: in a little over a year, Masa Network rapidly amassed 1.2 million user wallets, who contributed over 23 million proprietary data points. Our CoinList debut is giving limelight to our vision: shifting the power of data back to users. ”
Masa enables users to have ownership, share, and monetize their data. Through Masa, users can ensure their personally identifiable information remains confidential while being circulated in the data marketplace and among developers. Individuals with internet access can contribute their data and receive passive income through MASA tokens.
Amidst the rapid growth of AI models, Masa stands at the forefront, providing extensive volumes of privacy-centric personal training data to fuel the next generation of AI applications. Developers can harness data from the Masa Network to train AI models, create new applications, enable decentralized advertising, and beyond. This is achieved privately and securely through Masa’s innovative zkSBTs, ushering in the actualization of the data economy.
