Masa Network Partners with LayerZero for Cross-Chain Data Empowerment and Interoperability

Masa Network, a leading decentralized personal data network, has integrated with LayerZero, an interoperability protocol facilitating seamless communication between blockchains. This integration allows Masa to connect its dedicated Avalanche Subnet with Ethereum and Binance Smart Chain, enhancing data interoperability. Masa's native MASA token will become compatible with additional blockchains, including Polygon, Base, and Celo, through LayerZero's Omnichain Fungible Token Standard, enabling cross-chain token transfers.

Masa Network Integrates with LayerZero for Cross-Blockchain Interoperability and Data Ownership Empowerment

New York, United States - March 1, 2023 - Masa Network, a leading decentralized personal data network, has announced its strategic integration with LayerZero, a pioneering interoperability protocol that seamlessly connects blockchains and empowers developers to create cross-chain applications, tokens, and experiences.

This integration marks a significant advancement for Masa Network, enabling its data network to seamlessly communicate across multiple blockchain ecosystems, including Avalanche, Ethereum, and Binance Smart Chain. Additionally, the interoperability capabilities provided by LayerZero's Omnichain Fungible Token (OFT) Standard will extend the cross-chain utility of the MASA token to Polygon, Base, Celo, and other prominent blockchain networks in the future.

The launch of Masa Network's native MASA token and Mainnet is scheduled for April 11th, 2024. This milestone will empower users with unprecedented control over their personal data in the era of artificial intelligence (AI). Masa's innovative Zero-Knowledge Soulbound Tokens (zkSBTs) data locker securely encrypts and stores individuals' digital footprints and social graphs, ensuring complete data privacy.

Through Masa Network, users gain the autonomy to own, share, and monetize their data, contributing to the training of AI models, powering AI agents, and driving the development of groundbreaking AI applications. As a reward for sharing their data, users earn MASA tokens, incentivizing participation in the decentralized AI economy.

"Our partnership with LayerZero Labs is a testament to Masa's commitment to providing users with unparalleled data ownership and empowerment," stated Calenthia Mei, Co-founder of Masa. "Masa aspires to enable users to harness the full potential of their data, regardless of the underlying blockchain network. LayerZero's interoperability solutions will ensure that our cross-chain vision becomes a reality from day one."

Masa Network's role as a leading provider of privacy-first personal training data has been instrumental in the burgeoning development of AI models. The network has amassed over 1.4 million unique wallets and collected more than 37 million proprietary data points.

Developers can leverage Masa Network's vast repository of private-by-default user data to train AI models, create innovative applications, power decentralized advertising solutions, and more. Masa Network will also offer pre-built large-language models for real-time data retrieval within the network.

"Our collaboration with Masa is a testament to our shared vision of enhancing privacy and innovation in AI development," commented Simon Baksys, VP of Business Development at LayerZero. "The integration of LayerZero's infrastructure with Masa's ecosystem will accelerate the creation of personalized AI applications while safeguarding user data privacy and security."

About LayerZero

LayerZero is an interoperability protocol that seamlessly connects blockchains, enabling developers to build omnichain applications, tokens, and experiences. The protocol utilizes immutable on-chain endpoints, a customizable Security Stack, and a permissionless set of executors to facilitate censorship-resistant message transfer between blockchain networks. For further information, visit: https://layerzero.network/.

About Masa

Masa is the world's data network, empowering users to own, share, and earn from their data. Masa is building a scalable, secure, and resilient global data marketplace in the AI era, where developers can create innovative applications fueled by privacy-first user data.

Since its inception in August 2022, Masa Network has amassed over 1.3 million unique wallets and collected more than 37 million proprietary data points, showcasing its exponential growth. The network has secured over $9.2 million in funding from renowned investors like DCG, Anagram, and GoldenTree, and has received support from Coinlist's Seed Program and Binance's Most-Valuable-Builder Accelerator. For more information, visit: https://data.masa.finance/.