Revealed: March 07, 2024 at 12:55 pm Up to date: March 07, 2024 at 12:55 pm
March seventh, 2024 – Masa, the world’s main decentralized private knowledge community, broadcasts that its MASA Group Sale on CoinList has witnessed record-breaking participation. The neighborhood sale members bought the preliminary allocation of 63,554,660 MASA Tokens, or $5,000,000, in simply 17 minutes. The extra token allocation additionally sold-out, bringing a grand complete of $8,750,000 raised within the sale.
The Masa Group Sale was oversubscribed by 6.4 instances, with the demand for the token far exceeding its obtainable provide. Solely 6% of the registered customers – 3,285 out of 52,606 registrants – managed to get their arms on the preliminary allocation of 63,554,660 MASA tokens. All of the profitable consumers will obtain 25% of their tokens when MASA will get listed on centralized exchanges, which is focused for on or round April eleventh, 2024. The remaining tokens might be launched in a 6-month linear vesting interval.
“The overwhelming response to our neighborhood sale reaffirms our neighborhood’s belief in Masa’s imaginative and prescient. Within the new AI period, knowledge is the brand new oil. Customers need to personal, share and earn from their knowledge,” stated Calanthia Mei, the Co-founder of Masa Community.
Masa is honored to affix the ranks of many prestigious initiatives which have hosted their neighborhood token sale on CoinList, together with Solana, Filecoin, Algorand, Close to, Immutable X and lots of others.
The MASA token is the native utility and governance token powering the Masa Community, and a gasoline token on the Masa Avalanche Subnet. MASA operates as a regular ERC20 token on Ethereum Mainnet. MASA might be accessible on the BNB Good Chain at launch, and might be expanded onto Avalanche, Polygon, Base, Celo and extra.
Masa is the world’s main private knowledge community, empowering customers to personal, share and earn from their knowledge. Masa is the main provider of privacy-protected knowledge for AI builders, empowering builders to coach AI brokers, AI fashions and AI-powered promoting on the information community. Masa has already partnered with main initiatives accessing the Masa Information Community and its suite of merchandise, together with Injective, QuickSwap, ZkSync, and others.
At the moment’s private knowledge — from searching historical past to Twitter messages — is locked up in walled gardens managed by huge tech. Customers’ private knowledge is resold with out their consent or compensation. This knowledge landgrab is accelerated by the proliferation of AI, as private knowledge is consumed in huge quantities to coach AI fashions and brokers.
Masa goals to shift the management of non-public knowledge again to customers. It has pioneered Zero-Information Soulbound Tokens (zkSBTs), an industry-leading encryption expertise that serves as a cookie-less private knowledge locker. Anybody with an web connection will be capable of contribute their knowledge and earn passive rewards within the type of MASA tokens.
Masa has an aggressive improvement roadmap, and a pipeline of recent thrilling partnerships to share with the world. With the unbelievable achievement of the sold-out CoinList sale, Masa’s imaginative and prescient of constructing the brand new knowledge financial system is turning into a actuality.
About Masa
Masa is the world’s private knowledge community, empowering customers to personal, share and earn from their knowledge. Within the AI period, Masa is constructing a scalable, safe, and resilient world knowledge market, the place hundreds of thousands of builders can construct modern purposes utilizing privacy-first consumer knowledge.
Masa has amassed over 1.3 million distinctive wallets and over 33 million proprietary knowledge factors in its exponential development since launch in August 2022. It has raised greater than $9.2 million in funding from main buyers akin to DCG, Anagram and GoldenTree, and was incubated by Coinlist’s Seed Program and Binance’s Most-Invaluable-Builder Accelerator.
For extra data, go to: Web site | Discord | Telegram | Twitter
Contact: Calanthia Mei, [email protected]
Be aware: This press launch is for informational functions solely and doesn’t represent a proposal or solicitation of a proposal to purchase or promote any securities.
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Gregory, a digital nomad hailing from Poland, will not be solely a monetary analyst but in addition a beneficial contributor to varied on-line magazines. With a wealth of expertise within the monetary {industry}, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a e-book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, will not be solely a monetary analyst but in addition a beneficial contributor to varied on-line magazines. With a wealth of expertise within the monetary {industry}, his insights and experience have earned him recognition in quite a few publications. Utilising his spare time successfully, Gregory is at present devoted to writing a e-book about cryptocurrency and blockchain.