Raising $5.4 million and launching a public offering on the CoinList platform: Can MASA add fuel to the fire of AI+Web3?

CoinList announced that it will launch a public sale of MASA tokens at 16:00 UTC on March 7 (00:00 Beijing time on March 8). MASA is a project to open a decentralized data network.

The token supply for this public sale is 63,554,660 MASA (4% of the total supply) at a price of $0.079 per token. 25% of the public sale tokens will be released when listed on a centralized exchange and unlocked linearly over 6 months, with the TGE expected to start around April 11, 2024. The initial purchase limit is a minimum of $50 and a maximum of $2,000 (USDT/USDC only). During the Masa Community Sale, Masa may decide at its discretion whether to offer an additional 47,665,995 MASA tokens (3% of the total supply).

The following article will provide a comprehensive introduction to this project and how to participate in its public offering to help users obtain excess returns.

Using blockchain technology to build a decentralized Google for the AI ​​world, Masa builds a new global big data market

As a decentralized data network project, Masa is committed to becoming the Google of the decentralized world.

Masa is committed to solving the core problem in the development of artificial intelligence (AI): how to meet the rapidly growing demand for high-quality, large-scale, unbiased and verifiable training data while ensuring privacy. Masa's mission is to be the new nervous system of the deep Internet, breaking through the data silos built by large technology companies, and promoting authorized and verified data exchanges between data providers (users and enterprises) and data users (developers, small companies and large enterprises) under the premise of completely protecting privacy. Masa has planned a highly scalable, secure, reliable and highly absorbent global data market, aiming to tree-ize real data in this market, and by default, enable millions of companies to interact with hundreds of millions of users in the new data model supported by Masa.

Masa's mission is to break the closed data silos in the era of artificial intelligence and establish the world's largest user data market supported by advanced zero-knowledge proof and fully homomorphic encryption technology. Masa encourages authorized and verified data exchange between data providers and data consumers under the condition of complete privacy protection, and envisions a data-default, scalable, secure and resilient global data exchange platform, allowing millions of companies to interact with Masa's new data model of hundreds of millions of actual users.

On January 23, Masa Network announced the completion of a $5.4 million seed round of financing, led by Anagram, a venture capital firm co-founded by LilyLiu of the Solana Foundation and former Polychain CEO Joe Eagan, with participation from Avalanche Blizzard Fund, Digital Money Group, and Golden Tree. The new funds will be used to build a decentralized network on Avalanche that focuses on user personal data.

The decentralized exchange will be launched around April 11: A look at the details of the MASA token public offering

The following is an introduction to the sale of MASA tokens on Coinlist.

1. Time:

1. March 7, 16:00 UTC: The event officially begins.

2. March 4th 12:00 UTC: Participants must complete registration before this date.

3. Around April 11: MASA tokens are expected to be listed on centralized exchanges.

2. Sales details:

1. Pricing strategy: The price of $MASA token is set at $0.079 per token.

2. Supply distribution: The supply for community sales is 63,554,660 MASA, accounting for 4% of the total supply.

3. Total token supply: set at 1,588,866,523 MASA.

4. Lock-up and release plan: 25% will be released immediately after TGE, and the rest will be released linearly over the next 6 months.

5. Purchase restrictions: The minimum purchase amount is $50 and the maximum is $2000. Only USDT/USDC is accepted.

Additionally, at Masa’s discretion, up to an additional 47,665,995 MASA (3% of total supply) may be made available during the Community Sale.

3. Other matters:

Participants need to register on CoinList using the same email or wallet address used when signing up for the Masa newsletter or participating in the Masa airdrop mission. Masa will be able to join a series of outstanding projects such as Solana, Filecoin, Algorand, etc. that have successfully held community sales on CoinList, thanks to its outstanding project potential and CoinList's precise selection of promising projects. As an outstanding graduation project of CoinList's 2021 Seed Fall Class, Masa meets CoinList's strict requirements, and its clear community sales have won extra points and widespread expectations.

Introduction to MASA economic model and usage scenarios: Operators need to stake tokens to ensure network security and stability

MASA token, as the core of the Masa network, aims to promote a user-centric data economy. As a standard ERC20 token, MASA runs on the Ethereum mainnet and plans to be launched on BNB Smart Chain and other networks such as Avalanche, Polygon, Base, Celo, etc., strengthening its dual role as a fuel and governance token.

Masa has implemented an innovative token economic strategy that aims to incentivize users to provide valuable data to the zk data market by issuing MASA tokens directly to them. This approach allows ordinary users to buffer and monetize their own data and behavior, receiving MASA payments in proportion to their contributions, thereby driving the growth and virality of the Masa network.

Masa requires node operators to stake MASA tokens to ensure the quality and reliability of the network. Through this staking mechanism, Masa builds a robust, decentralized node network to provide users with efficient and secure data services.

As businesses build applications on Masa's zk data market, they will need to pay for data and services, which will be paid in MASA tokens, further increasing the utility and value of MASA. MASA holders participate in network governance, ensuring that the network's development direction and decision-making process are in the overall interest of the community.

Use cases for MASA tokens include:

1. Data incentive supply incentive: Masa uses the MASA token reward mechanism to encourage users to provide personal data. When commercial users and developers use this data, the original data provider receives MASA in return.

2. Payment of data usage fees: Commercial users and developers need to pay MASA tokens to access the data, products and services of the Masa network, which increases the circulation and usage value of MASA.

3. Personal data management: Users use MASA tokens to mint and manage zkSBT on the Masa Avalanche subnet to achieve secure storage and control of personal data.

4. Node operator pledge: Masa Oracle node operators participate in the network by staking MASA tokens, ensuring the stability and security of the network.

5. Participation in network governance: MASA holders have the right to participate in the governance of the Masa network and vote on important decisions such as the network's technological upgrades and fee structure.