The world’s leading decentralized AI and LLM network, Masa Network, has announced the listing of its token, MASA, on leading exchanges following the official launch of its AI Data Network and Marketplace mainnet.
Marking a major milestone for the network, the move aims to enable users to take full control of their digital footprint and get paid to train AI models.
Prior to its official listing, MASA gained prominence following its record-breaking Coinlist Community Sale. This sale was six times oversubscribed and sold out in 17 minutes, raising $8.75 million. This made it one of the most highly anticipated AI tokens to launch in 2024.
Masa Unveils 25 Million $MASA Reward Pool
While the MASA token has been listed on leading centralized exchanges, including Bybit, Kucoin, Gate, HTX, and PancakeSwap, the team disclosed that the token has also gone live on Ethereum, Binance Smart Chain, and the Masa Network.
Following the MASA network’s mainnet launch and token listing, the team is willing to incentivize new and existing adopters in celebration of this milestone. As such, Masa has allocated 25,000,000 MASA token rewards for trading competitions and AI data farming.
Moreover, it has committed 6,666,666 MASA tokens to incentivize users to share their data in the AI Data Marketplace.
Serving as the native utility token of the Masa network, $ MASA has been designed to incentivise users to contribute personal data to the Masa Network. Also, it will allow businesses and developers to pay fees to access and utilize the data, products, and services on the Masa network. These fees can be paid with MASA tokens, stablecoins, and other blockchain-native tokens.
In addition to this, the token will be used to reward operators. Masa Oracle node operators stake MASA to operate Masa’s zk-oracle nodes. Node operators receive staking rewards for the first two years of Oracle operation. Notably, the staked tokens will be locked for a vesting period.
Lastly, the MASA token will play a major role in the network’s governance system. MASA holders can participate in network governance and vote on proposals such as technical upgrades and fee structures.
Masa Co-founder Calanthia Mei commented on the development, saying,
“The launch of the Masa AI Data Network and MASA token is only the beginning. Our mission is to radically transform AI, by empowering users to earn from powering the AI economy. We envision a future where billions of users are contributing data and compute to power the future of AI. While Web3 has been the springboard for Masa, we are already collaborating with AI developers and institutions in Web2, with the vision to transform the entire AI industry.”
Masa Network to Serve Internet Users and AI Developers
Masa Network offers a unique opportunity for every Internet user to become a vital part of the anonymized data ecosystem while also earning token rewards. With over 1.4 million participants already on board, contributing 40 million data points, Masa ensures that users retain full control over their data. User privacy is paramount through the innovative Zero-Knowledge Soulbound Tokens (zkSBT), with all data kept private and encrypted.
Masa is a treasure trove for AI developers, providing real-time access to proprietary, high-quality personal data. This data isn’t just raw information; it’s verified and curated, allowing developers to train specialized AI models rather than generalized ones. This opens the door to hyper-personalized AI agents, AI assistants, and more. Moreover, Masa simplifies the development process by offering access to decentralized Large Language Models (LLMs), eliminating the complexities of traditional model hosting.
