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

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


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.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

SpaceX's Historic IPO and Billionaire Backing

chest

SpaceX's IPO in June saw its stock price initially soar but has since faced volatility, with significant investments from billionaires.

user avatarTomas Novak

Strategy Halts Bitcoin Transactions for the Week

chest

Strategy did not engage in any Bitcoin purchases or sales last week, maintaining its holdings at 840,447 BTC.

user avatarKaterina Papadopoulou

Fake Downloads of The Odyssey Spread Lumma Stealer Malware

chest

Security firm Bitdefender warns that pirated copies of The Odyssey are circulating with malware designed to steal cryptocurrency wallets.

user avatarMaya Lundqvist

Shiba Inu SHIB Gains Momentum with New Listings and Adoption

chest

Shiba Inu SHIB has been listed on the Australian exchange FameEX and is now usable at Dubai Duty Free airport stores, marking significant adoption milestones.

user avatarLeo van der Veen

Rise in Wrench Attacks Targeting Cryptocurrency Holders

chest

The report highlights a surge in wrench attacks, particularly in France, where criminals are targeting cryptocurrency holders.

user avatarAisha Farooq

Massive Data Breach Exposes French Tax Records

chest

A hacker is selling a large database of French tax records that could affect over 678,000 individuals and businesses, raising concerns about phishing and identity theft.

user avatarLi Weicheng

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.