• 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

Standard Chartered Implements Strict Editorial Policy for Market Commentary

chest

Standard Chartered has announced a strict editorial policy that emphasizes accuracy, relevance, and impartiality in its market commentary.

user avatarRajesh Kumar

SpaceX Pre-IPO Tokenized Offerings Canceled Due to Allocation Issues

chest

Several crypto platforms canceled SpaceX pre-IPO tokenized offerings due to failed share allocation, leading to refunds for customers.

user avatarMiguel Rodriguez

Arbitrum Governance Proposes Major Funding for Foundation

chest

Arbitrum governance is evaluating a funding proposal for the Arbitrum Foundation, seeking 16 million in real-world assets, 1,700 ETH, and 230 million ARB tokens to support its operations for another year.

user avatarLuis Flores

Crypto Scammers Target 2026 World Cup Fans

chest

TRM Labs warns of emerging crypto scams targeting fans of the 2026 World Cup, including fake ticketing and speculative tokens.

user avatarArif Mukhtar

Ethereum Researchers Introduce SPHINCS for Quantum-Resistant Signatures

chest

Ethereum researchers introduce SPHINCS, a post-quantum signature design for enhancing wallet security against quantum computing threats.

user avatarDavid Robinson

Bitcoin Faces Major Liquidation Event Amid Price Fluctuations

chest

Bitcoin traders faced significant liquidations as the price fluctuated sharply, resulting in nearly $980 million in liquidations within 24 hours.

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.