The post Masa Prepares for April Mainnet Launch with Over 1.2M Wallets and 23M Data Points appeared on BitcoinEthereumNews.com.

Masa, the foremost decentralized network for personal data, has experienced remarkable growth since its inception in August 2022, accumulating more than 1.2 million unique wallets and surpassing 23 million proprietary data points. Additionally, despite a bear market, it has attracted over 40,000 node operators to its Masa oracle testnet in the last 18 months. This momentum highlights the growing demand among users for complete control over their data, propelling Masa to become one of the quickest expanding Web3 communities as it approaches its eagerly awaited mainnet launch in April. Additionally, more than 70 prominent Web3 companies, including Polygon, zkSync, QuickSwap, Injective, and Celo, have become early adopters of Masa’s offerings. In the age of AI, Masa is creating a scalable, secure, and robust worldwide data marketplace. The platform enables millions of developers to craft innovative apps with a privacy-centric approach to user data. In addition, Masa has secured over $9.2 million in investments from top backers like DCG, Anagram, and GoldenTree and has been nurtured by Coinlist’s Seed Program and Binance’s Most-Valuable-Builder Accelerator. Shaping the Future of Data Autonomy and Web3 Currently, personal data, ranging from browsing histories to Twitter posts, is confined within closed ecosystems dominated by large tech companies. This personal information is often redistributed without the user’s approval or financial recompense. The rapid expansion of AI technologies has further intensified this grab for data, with personal information being utilized extensively to train AI models and agents. Masa is dedicated to transferring the control of personal data back to the individuals. It has introduced Zero-Knowledge Soulbound Tokens (zkSBTs), a cutting-edge encryption technology, which acts as a personal data storage solution without the need for cookies. This technology securely encrypts and stores an individual’s digital activities and social connections, encompassing internet browsing history and decentralized application usage, within a…

---

Filed under: News - @ February 21, 2024 8:12 am