San Francisco, USA, March 28th, 2024, Chainwire
Masa Network’s AI Data Marketplace will be an interoperable network for the world’s personal data, launching across multiple blockchains from day one
Masa Network, the world’s leading decentralized personal data network, has announced its integration with LayerZero, an interoperability protocol that seamlessly connects blockchains and allows developers to build omnichain applications, tokens and experiences. The integration with LayerZero will enable communication for the Masa Data Network which will be launched on a dedicated Avalanche Subnet, with Ethereum and Binance Smart Chain. The MASA token interoperability will further expand to Polygon, Base, Celo and more in the future via LayerZero’s Omnichain Fungible Token (OFT) Standard, which enables native cross-chain token transfers.
Masa is set to launch its native MASA token alongside the Network Mainnet on or around April 11th, 2024. Masa aims to shift the control of personal data back to users in the AI era. A person’s digital footprint and social graph is encrypted and stored in a completely private way in a Zero-Knowledge Soulbound Tokens (zkSBTs) data locker on the Masa Network. Users can own, share and earn from their personal data to train AI models, power AI agents, and power innovative AI applications.
Users earn MASA tokens as rewards when their data is used by developers to power the decentralized AI economy.
Calenthia Mei, the Co-founder of Masa, said, “Masa is thrilled to be integrating with LayerZero Labs, who 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.”
With the explosion of AI models, Masa has emerged as a leader in supplying vast amounts of privacy-first personal training data, powering the future of AI applications. It has amassed over 1.4 million unique wallets and over 37 million proprietary data points.
Developers can utilize Masa Network’s massive collection of private-by-default user data to train AI models, build innovative apps, power decentralized advertising, and more. Masa will also be providing out-of-the-box large-language models for real-time data searching within the network.
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.”
About LayerZero
LayerZero is an interoperability protocol that connects blockchains (50+ and counting), allowing developers to build seamless omni-chain applications, tokens, and experiences. The protocol relies on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors to transfer censorship-resistant messages between chains.
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About Masa
Masa is the world’s personal data network, empowering users to own, share and earn from their data. In the AI era, Masa is building a scalable, secure, and resilient global data market, where millions of developers can build innovative applications using privacy-first user data.
Masa has amassed over 1.3 million unique wallets and over 37 million proprietary data points in its exponential growth since launch in August 2022. It has raised more than $9.2 million in funding from leading investors such as DCG, Anagram and GoldenTree, and was incubated by Coinlist’s Seed Program and Binance’s Most-Valuable-Builder Accelerator.
Contact
Itai Elizur
[email protected]
