Masa Network Completes Its CoinList Community Sale in Just 17 Minutes
San Francisco, USA, March seventh, 2024, Chainwire
Masa, the world’s main decentralized private information community, publicizes that its MASA Group Sale on CoinList has witnessed record-breaking participation. The group 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 whole of $8,750,000 raised within the sale.
The Masa Group Sale was oversubscribed by 6.4 occasions, with the demand for the token far exceeding its accessible 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 shall be launched in a 6-month linear vesting interval.
“The overwhelming response to our group sale reaffirms our group’s belief in Masa’s imaginative and prescient. Within the new AI period, information is the brand new oil. Customers should personal, share and earn from their information,” stated Calanthia Mei, the Co-founder of Masa Community.
Masa is honored to hitch the ranks of many prestigious initiatives which have hosted their group token sale on CoinList, together with Solana, Filecoin, Algorand, Close to, Immutable X and plenty 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 normal ERC20 token on Ethereum Mainnet. MASA shall be accessible on the BNB Good Chain at launch, and shall be expanded onto Avalanche, Polygon, Base, Celo and extra.
Masa is the world’s main private information community, empowering customers to personal, share and earn from their information. Masa is the main provider of privacy-protected information for AI builders, empowering builders to coach AI brokers, AI fashions and AI-powered promoting on the info community. Masa has already partnered with main initiatives accessing the Masa Knowledge Community and its suite of merchandise, together with Injective, QuickSwap, ZkSync, and others.
Right this moment’s private information — from looking historical past to Twitter messages — is locked up in walled gardens managed by huge tech. Customers’ private information is resold with out their consent or compensation. This information land seize is accelerated by the proliferation of AI, as private information is consumed in huge quantities to coach AI fashions and brokers.
Masa goals to shift the management of private information again to customers. It has pioneered Zero-Information Soulbound Tokens (zkSBTs), an industry-leading encryption expertise that serves as a cookie-less private information locker. Anybody with an web connection will be capable to contribute their information 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 unimaginable achievement of the sold-out CoinList sale, Masa’s imaginative and prescient of constructing the brand new information financial system is changing into a actuality.
About Masa
Masa is the world’s private information community, empowering customers to personal, share and earn from their information. Within the AI period, Masa is constructing a scalable, safe, and resilient international information market, the place thousands and thousands of builders can construct modern functions utilizing privacy-first person information.
Masa has amassed over 1.3 million distinctive wallets and over 33 million proprietary information factors in its exponential development since its launch in August 2022. It has raised greater than $9.2 million in funding from main buyers corresponding to DCG, Anagram and GoldenTree, and was incubated by Coinlist’s Seed Program and Binance’s Most-Precious-Builder Accelerator.
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Contact
Calanthia Mei
[email protected]
