Blockchain Network Masa Raises $5.4 Million Seed Round

<p><strong>SAN FRANCISCO<&sol;strong> — Masa Network&comma; builder of a decentralized data marketplace&comma; has announced &dollar;5&period;4 million in a seed round led by Anagram&comma; co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan&period; Additional investors include Avalanche Blizzard Fund&comma; Digital Currency Group&comma; GoldenTree&comma; OP Crypto&comma; Unshackled Ventures&comma; PEER VC&comma; amongst others&period;<&sol;p>&NewLine;<p>In the age of AI&comma; data is the new oil&period; Data has become the most valuable global commodity&period; The generative AI race is now turning unique and valuable personal data into the next frontier of value creation&period;<&sol;p>&NewLine;<p>For too long&comma; the world&&num;8217&semi;s most valuable user data has been locked away by Big Tech companies and exploited without user consent or fair compensation&period; As the demand for personal data continues to exponentially grow&comma; users deserve to control their data and get compensated for its use&period; It’s time for a new data paradigm&period;<&sol;p>&NewLine;<p>Masa is building a &OpenCurlyDoubleQuote;Decentralized Google&comma;” an open&comma; secure&comma; and incentivized economy for the world’s personal data&period; It shifts power back to individuals&comma; without compromising data privacy&comma; through leveraging cutting-edge zero-knowledge and fully-homomorphic encryptions&period;<&sol;p>&NewLine;<p>Users can contribute their data to the network and get rewarded in Masa&&num;8217&semi;s native token&period; Developers can then access this data to train AI models&comma; run analytics&comma; and build innovative applications in a privacy-preserving way&period;<&sol;p>&NewLine;<p>This most recent seed round brings Masa’s total funding to &dollar;9&period;2 million&period; Funding will be used to support Masa’s Q1 Mainnet Launch on a dedicated Avalanche Subnet through a strategic partnership with Avalanche&comma; and building the leading zk-Data Network&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Masa Network realizes the original blockchain dream &&num;8211&semi; a fair data economy where you own and profit from your personal data&period; With AI fueling surging demand&comma; Masa arrives at the perfect time&period; Masa lets you control and monetize your data on a decentralized marketplace&period; No more free lunches &&num;8211&semi; own your data&comma; control its use&comma; get paid&period; The future is data sovereignty&period; The power is yours with Masa&period;” — Calanthia Mei&comma; Co-Founder of Masa Network<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;At Anagram&comma; we think data is the most valuable commodity in the world&period; Masa uniquely enables users to become owners and more tightly aligns the value of the data with the creator of the data&comma; creating a positive sum environment&period;” — Joe Eagan&comma; Co-Founder of Anagram&period;<&sol;p>&NewLine;<p>Since launching in August 2022&comma; Masa has achieved significant traction with over 1 million connected wallets&comma; over 15 million permissioned data points&comma; and over 23&comma;000 testnet node operators&period;<&sol;p>&NewLine;

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