Posted: March 7, 2024 12:55 PM Updated: March 7, 2024 12:55 PM
March 7, 2024 – Masa, the world’s leading decentralized personal data network, announced that CoinList’s MASA Community Sale has seen record participation. Community sale participants purchased the initial allocation of 63,554,660 MASA tokens, or $5,000,000, in just 17 minutes. Additional token allocations were also sold out, generating a total sale proceeds of $8,750,000.
The Masa Community Sale was oversubscribed 6.4x, with demand for the tokens far exceeding the available supply. Only 6% of registered users (3,285 out of 52,606 registrants) earned the initial allocation of 63,554,660 MASA tokens. All successful buyers will receive 25% of the tokens once MASA is listed on a centralized exchange, targeted for April 11, 2024. The remaining tokens will be released over a 6-month linear vesting period.
“The overwhelming response to our community sales reaffirms our community’s trust in Masa’s vision. In the new era of AI, data is the new oil. Users deserve to own, share, and profit from their data,” said Calanthia Mei, co-founder of Masa Network.
Masa is honored to join the ranks of many high-profile projects that have hosted community token sales on CoinList, including Solana, Filecoin, Algorand, Near, Immutable X, and more.
The MASA token is the primary utility and governance token underpinning the Masa network and the gas token for the Masa Avalanche subnet. MASA operates as a standard ERC20 token on the Ethereum Mainnet. MASA will be accessible on the BNB Smart Chain at launch and will expand to Avalanche, Polygon, Base, Celo, and more.
Masa is the world’s leading personal data network, empowering users to own, share, and monetize their data. Masa is a leading provider of privacy-preserving data for AI developers, enabling them to train AI agents, AI models, and AI-based advertising on data networks. Masa has already partnered with major projects to access the Masa Data Network and its suite of products including Injective, QuickSwap, ZkSync, and more.
From search history to Twitter messages, today’s personal data is locked away in walled gardens controlled by big tech. Your personal data will be resold without your consent or compensation. The acquisition of this data will accelerate with the proliferation of AI, as massive amounts of personal data are consumed to train AI models and agents.
Masa aims to transfer control of personal data back to users. He pioneered the zero-knowledge Soulbound Token (zkSBT), an industry-leading encryption technology that serves as a cookie-less private data locker. Anyone with an internet connection can provide their data and earn passive rewards in the form of MASA tokens.
Masa has an aggressive development roadmap and pipeline of new and exciting partnerships to share with the world. Masa’s vision of building a new data economy is becoming a reality with the incredible achievement of sold-out coinlist sales.
Introduction to Martha
Masa is the world’s leading personal data network that allows users to own, share, and monetize their data. In the age of AI, Masa is building a scalable, secure, and resilient global data marketplace where millions of developers can build innovative applications using privacy-first user data.
Masa has experienced exponential growth since its launch in August 2022, amassing over 1.3 million unique wallets and over 33 million proprietary data points. It has raised over $9.2 million in funding from leading investors such as DCG, Anagram, and GoldenTree and is incubated at Coinlist’s. Seed program and Binance’s most valuable builder accelerator.
For more information, please visit: website | discord | Telegram | Twitter
contact: Calanthia Mei, (email protected)
NOTE: This press release is for informational purposes only and does not constitute an offer or solicitation of an offer to buy or sell any security.
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About the author
Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.
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Gregory, a digital nomad from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With his extensive experience in the financial industry, his insights and expertise have been recognized by numerous publications. Making effective use of his spare time, Gregory is currently devoted to writing books on cryptocurrency and blockchain.