San Francisco, USA, April 11, 2024, Chainwire
- To celebrate the mainnet launch and token listing, Masa has allocated 25,000,000 MASA token rewards to trading competitions and AI data farming.
- Masa has pledged 6,666,666 MASA tokens from the total reward pool to encourage users to share their data on the AI data marketplace.
- MASA tokens were listed on major centralized exchanges including Bybit, Kucoin, Gate, HTX, and PancakeSwap on the first day.
Masa Network, the world’s leading decentralized AI and LLM network, has officially launched its AI data network and marketplace mainnet. This gives users complete control over their digital space and allows them to get paid for training AI models. The MASA token has also been activated on Ethereum, Binance Smart Chain, and Masa Network, a dedicated Avalanche subnet.
MASA tokens have been listed on major centralized exchanges including Bybit, Kucoin, Gate, HTX, and PancakeSwap. To celebrate the mainnet launch and token listing, Masa has allocated 25,000,000 MASA token rewards to trading competitions and AI data farming. Additionally, the network has pledged 6,666,666 MASA tokens to encourage users to share their data on the AI data marketplace.
MASA is one of the most anticipated AI tokens to be launched in 2024. The record-breaking Coinlist Community Sale was six times oversubscribed and sold out in 17 minutes, raising $8.75 million. Masa was the only AI project on CoinList Launchpad as of 2024.
“The launch of the Masa AI Data Network and MASA token is just the beginning,” said Masa co-founder Calanthia Mei. Our mission is to fundamentally transform AI by helping users profit by activating the AI economy. We envision a future where billions of users provide data and compute to power the future of AI. Web3 was Masa’s stepping stone, but we are already collaborating with AI developers and organizations at Web2 with a vision to transform the entire AI industry.”
The MASA token is the primary utility token that powers the Masa network. It has several key features:
- Data Provision Incentives: Masa provides incentives to users who provide personal data to the Masa network. Users receive passive rewards from MASA when companies and developers use their data.
- Pay for data usage: Businesses and developers pay fees to access and utilize data, products, and services on the Masa network. Fees can be paid with MASA tokens, stablecoins, and other blockchain-based tokens. All fees not denominated in MASA will then be exchanged for MASA tokens and a portion will be burned.
- Node Operator Rewards: Masa Oracle Node Operators stake MASA to operate Masa’s zk-oracle nodes. Node operators receive staking rewards for the first two years of oracle operation. Staked tokens are locked for the vesting period.
- Network Governance: MASA holders can participate in network governance, voting on proposals such as technology upgrades, fee structures, etc.
On the Masa network, any internet user can become an anonymized data contributor and node worker, earning token rewards by sharing data and unused computing power with AI developers. Over 1.4 million users have already contributed 40 million data points to Masa Network. Users always retain full control over their data and what it is shared with. All user data remains private and encrypted, made possible by Masa’s invention of Zero-Knowledge Soulbound Tokens (zkSBT).
For AI developers, Masa provides real-time, proprietary, quality-verified personal data that can be used to train AI models that are “specialized” rather than “generalized,” creating hyper-personalized AI agents, AI assistants, and more. . In addition to the decentralized data network, Masa provides developers with access to a decentralized LLM suite, eliminating the need for complex model hosting.
Introduction to Martha
Masa is a leading decentralized AI data and LLM network. Users can own, share, and monetize their data and power AI applications through computing. Masa has already amassed over 1.4 million unique users, 48,000 node operators, and 40 million proprietary data points.
Masa has raised $18 million from major investors such as Digital Current Group, Anagram, and GoldenTree. On March 7, 2024, Masa completed a record-breaking 17-minute coinlist sale totaling $8.75 million in MASA tokens. Masa graduated from Binance MVB Accelerator season 6 and was selected to participate in the Hashkey AI Accelerator.
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Contact Calanthia Meicalanthia@masa.finance
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