• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Masa Network Partners with LayerZero to Enhance Cross-Chain AI Data Network

user avatar

by Giorgi Kostiuk

2 years ago


The decentralized personal data network, Masa Network, has announced a partnership with LayerZero, an interoperability protocol that allows developers to create omnichain experiences by seamlessly connecting different blockchains. This integration will facilitate communication between Ethereum, Binance Smart Chain, and the Masa Data Network on the dedicated Avalanche Subnet. Thanks to LayerZero's Omnichain Fungible Token (OFT) Standard, MASA token interoperability will extend to Polygon, Base, Celo, and more in the future.

On April 11, 2024, Masa is set to launch its native MASA token alongside the Network Mainnet, aiming to give back control of personal data to individuals. User data, stored in encrypted Zero-Knowledge Soulbound Tokens (zkSBTs) on the Masa Network, can be utilized to train AI models and fuel AI applications. Users are incentivized with MASA tokens when developers utilize their data in the decentralized artificial intelligence market.

Calenthia Mei, Co-founder of Masa, expressed excitement about the integration with LayerZero Labs, emphasizing the desire to empower users to have ownership and earnings from their data across different blockchain networks.

Masa has amassed a significant amount of privacy-first personal training data, totaling over 37 million privacy data points and 1.4 million unique wallets. This data will be valuable for developers to train AI models, develop innovative applications, and power decentralized advertising within Masa Network.

Simon Baksys, VP of Business Development at LayerZero, highlighted the collaboration with Masa to enhance privacy and innovation in AI development. The integration of LayerZero infrastructure with Masa's ecosystem will accelerate the development of personalized AI applications while ensuring the privacy and security of user data.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Oil Prices Fluctuate Following False Social Media Post

chest

A social media post by US Energy Secretary Chris Wright led to a temporary drop in oil prices, which quickly rebounded after reports of Iranian mine deployment in the Strait of Hormuz.

user avatarRajesh Kumar

Trump Issues Strong Warning to Iran Over Strait of Hormuz

chest

President Trump escalated tensions with Iran, demanding the removal of mines in the Strait of Hormuz and warning of unprecedented military consequences if they do not comply.

user avatarGustavo Mendoza

Bybit Prevents $300 Million in Unauthorized Withdrawals Amid Rising Crypto Theft

chest

Bybit has blocked over $300 million in unauthorized withdrawals, highlighting ongoing challenges in crypto theft.

user avatarMiguel Rodriguez

Altcoin Market Shows Early Signs of Stabilization

chest

Recent data indicates that parts of the altcoin market, particularly Total3, are beginning to stabilize despite ongoing geopolitical tensions.

user avatarLuis Flores

Bitcoin Surges Above 70K Amid Mixed Market Signals

chest

Bitcoin's price recovery above $70,000 has sparked renewed interest and discussions on social media, despite ongoing market uncertainties.

user avatarArif Mukhtar

Cardano's DeFi Activity Surges with New Stablecoin Integration

chest

Cardano has experienced a significant rise in DeFi activity, with total value locked increasing from 447 million ADA to 552 million ADA in 12 days, following the integration of the USDCx stablecoin.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.