• 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

Solana's Price Drops Below 80 Amidst Ongoing Ecosystem Development

chest

Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.

user avatarDiego Alvarez

Revised Editorial Guidelines Target Improved Content Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarKenji Takahashi

New Editorial Policy Launched to Ensure Content Quality

chest

A new editorial policy has been established to enhance the quality of content.

user avatarMaria Fernandez

Challenges for Shiba Inu to Reach 1 Price Level

chest

Experts discuss the improbability of Shiba Inu SHIB reaching the 1 price level due to its high supply and market cap implications.

user avatarRajesh Kumar

Shiba Inu SHIB Faces Challenges in Regaining Popularity

chest

Shiba Inu SHIB has faced a significant decline in value since its peak in 2021, primarily due to the high supply of SHIB coins, which stands at about 589 trillion. The challenges of reducing supply and boosting demand remain substantial.

user avatarGustavo Mendoza

Robinhood Expands into Stablecoin Yield with New Earn Structure

chest

Robinhood has launched a new Earn structure offering a 7% APY tied to USDG, entering the stablecoin yield market to attract users and enhance engagement.

user avatarMiguel Rodriguez

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.