Masa Finance is a leading personal data network built on Avalanche that aims to break the information monopoly of the tech giants and democratize access to and monetization availability of personal data. It allows users to receive, analyze, and contribute data in return for a reward. When users collect data from the network, they pay a fee in the native Masa Finance token, which is later redistributed to the data providers from whom they received it.
Masa network has already hosted Pre-Seed and Seed funding rounds, securing an impressive $8.9M from Anagram, Digital Currency Group, and others. Recently, it announced a public sale on CoinList, aiming to raise an additional $8.79M.
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Masa Network operates as a ZK-powered data marketplace and decentralized network, aiming to tackle regulatory privacy concerns and dismantle the information silos maintained by major tech corporations. These silos often impede the progress of AI and other data-related industries. Through Masa Finance, both users and businesses can access, store, and analyze data from the network, while also receiving rewards for contributing their own data to the platform.
An exclusive feature of the network is its innovative approach to authentication and ownership of specific pieces of information through ZK Soulbound tokens. These tokens facilitate the storage of encrypted data, allowing the network to verify users' ownership in a trustless, decentralized manner, both on-chain and off-chain.
Masa Finance Token Utility: The entire network is also powered by the native $MASA token, which is primarily used in staking, decentralized governance voting, burning, paying fees, and rewarding data providers within the Masa Finance platform. For instance, when users or businesses access data from the network, they pay fees in $MASA tokens, which are subsequently redistributed as rewards to data providers.
Masa Finance Funding: The Masa Network has already conducted several private sales of $MASA, securing over $8.9 million from Anagram Crypto, GoldenTree Asset Management, Digital Currency Group, Avalanche, Blizzard Fund, and other funds. Recently it announced the public token sale on CoinList, aiming to secure an additional $8.79M.
Taking this information into account, the CoinLaunch team analyzed the entire Masa crypto project and found some pros and cons you need to consider before participating in the public sale:
Masa network pros:
Masa network cons:
Masa Network is a decentralized ZK-Data network and marketplace that aims to democratize access to information and monetization opportunities. The network is powered by the native $MASA token, which is used for facilitating data supply, paying fees for utilizing the network, participating in DAO votings, and rewarding data providers.
Recently, Masa Network announced the conclusion of the first phase of the airdrop campaign, rewarding users with the most minted soulnames (soulbound tokens) and domains as of 31 December 2023.
Masa Network is the leading decentralized data marketplace and network powered by Zero-knowledge proof technology. It enables businesses and individuals to access and monetize their own data in a more transparent and trustless manner. The network is powered by the native $MASA token, which can be used in staking, burning, participating in DAO votings, paying fees, and rewarding data providers.
Recently, Masa Finance hosted the second phase of the airdrop - “Masa Network Airdrop Quest”, where it allocated over 2 million $MASA tokens, approximately equivalent to $158,000 for this phase.
<a href="https://coinlaunch.space/projects/masa-network/" title="Masa Network ($MASA)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/masa-network.png" width="224" alt="Masa Network ($MASA)"></a>