Markets News Report Technology
April 11, 2024

Masa Debuts AI Data Network and Marketplace On Mainnet, Enables Users To Earn From AI Training

In Brief

Decentralized AI and LLM network Masa unveiled the deployment of its AI Data Network and Marketplace on the mainnet.

Masa Debuts AI Data Network and Marketplace On Mainnet, Enables Users To Earn From AI Training

Decentralized AI and large language model (LLM) network Masa (MASA) unveiled the deployment of its AI Data Network and Marketplace on the mainnet.

Calanthia Mei, co-founder of Masa Network, highlighted that the launch of the Masa AI Data Network and MASA token signifies the beginning of a broader initiative. The company envisions a future where a vast number of users actively provide data and computational power to advance AI technologies. While Web3 has influenced its growth, the company collaborates with AI developers and institutions in Web2, aiming to overhaul the entire AI industry.

The Masa Network offers users the opportunity to possess, share, and benefit from their data and computational resources, which are utilized for AI training and powering various AI applications. Simultaneously, for AI developers, it furnishes access to verified personal real-time data, enabling the development of specialized AI models for creating highly personalized AI assistants, agents, and similar products. Furthermore, it provides access to a range of decentralized LLMs, simplifying the process of model hosting and eliminating complexities.

Through the utilization of Masa Network’s zero-knowledge Soulbound Tokens (zkSBT), it guarantees that users retain complete control over their data, as it remains secure and encrypted. Presently, more than 1.4 million users have actively contributed 40 million proprietary data points to the network, while it has attracted over 48,000 node operators.

Users have multiple options to earn rewards within the Masa ecosystem, including participating in “node-to-earn” activities using the Masa Oracle, engaging in “surf-to-earn” tasks through the Masa Chrome Extension, completing “quest-to-earn” challenges within the Masa application, or actively participating in Masa’s Partner Ecosystem. As users engage in these activities, they accumulate data “points,” which can later be exchanged for token rewards through the Masa Data Marketplace.

Masa Network Launches MASA Token On Multiple Networks and Centralized Exchanges

In conjunction with the mainnet launch of the Masa Network‘s AI Data Network and Marketplace, its native utility and governance token MASA has been launched on Masa, a dedicated Avalanche Subnet, Binance Smart Chain, and Ethereum networks. Additionally, the token has been listed on several major centralized exchanges (CEXs), such as HTX, Gate, Bybit, PancakeSwap, and Kucoin.

To mark the mainnet launch and token listing, the Masa Network has set aside 25 million MASA tokens for trading competitions and AI data farming initiatives. Additionally, the network has allocated 6 million MASA tokens to incentivize users to contribute their data to the AI Data Marketplace.

Recently, Masa Network conducted a community sale of its MASA token through the cryptocurrency trading platform Coinlist. The sale generated $8.75 million within less than 20 minutes of its launch, demonstrating a significant level of demand, with subscriptions exceeding six times the initial offering.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Hex Trust Introduces HT Markets MENA, Trailblazing Fiat On/Off-Ramp Services In Dubai
Business News Report Technology
Hex Trust Introduces HT Markets MENA, Trailblazing Fiat On/Off-Ramp Services In Dubai
December 18, 2024
Omni Core Mainnet Goes Live, Fostering More Unified Ethereum Ecosystem
News Report Technology
Omni Core Mainnet Goes Live, Fostering More Unified Ethereum Ecosystem
December 18, 2024
SuiHub Global Accelerator Announces Launch, Accepting Applications Until January 10
News Report Technology
SuiHub Global Accelerator Announces Launch, Accepting Applications Until January 10
December 17, 2024
From DeFi to Rollups, the Technology Unlocking Scalable and Verifiable Blockchain Computation
Interview Software Technology
From DeFi to Rollups, the Technology Unlocking Scalable and Verifiable Blockchain Computation
December 17, 2024