Deutsch한국어 日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçe
Portfolio TrackerSwapBuy CryptoCryptocurrenciesPricingWalletNewsEarnBlogNFTWidgetsCoinStats MidasDeFi Portfolio TrackerIntegrations24h ReportPress KitAPI Docs

Masa Network Integrates LayerZero for Cross-chain AI Data Network Boost

1M ago
bullish:

0

bearish:

0

Masa Network Integrates LayerZero for Cross-chain AI Data Network Boost

The world’s leading decentralized personal data network, Masa Network, has announced that it has integrated with LayerZero, an interoperability protocol that lets developers create omnichain experiences, tokens, and apps by smoothly connecting blockchains. Communication between Ethereum and Binance Smart Chain and the Masa Data Network, which will be released on the dedicated Avalanche Subnet, will be made possible via the integration with LayerZero. Thanks to LayerZero’s Omnichain Fungible Token (OFT) Standard, which permits native cross-chain token transfers, the MASA token interoperability will eventually extend to Polygon, Base, Celo, and more.

On or around April 11th, 2024, Masa plans to deploy its native MASA token alongside the Network Mainnet. In the AI phase, Masa wants to return control of personal data to the people. A person’s social network and digital footprint are securely maintained in an encrypted manner on the Masa Network in a Zero-Knowledge Soulbound Tokens (zkSBTs) data locker. Users’ personal data may be used to train AI models, power AI agents, and power creative AI applications. Users can own, share, and profit from this data. Users are rewarded with MASA tokens when developers utilize their data to fuel the decentralized artificial intelligence market.

Calenthia Mei, the Co-founder of Masa, said:

“Masa is thrilled to be integrating with LayerZero Labs, who has become the industry standard for interoperability. Masa wants to empower users to own, share, and earn from their data, no matter which blockchain network their data is on. With LayerZero’s support, we are excited to be cross-chain and interoperable from the very beginning.”

Masa has become a pioneer in providing enormous volumes of privacy-first personal training data, which will fuel the next wave of AI applications, thanks to the growth of AI models. More than 37 million privacy data points and more than 1.4 million unique wallets have been accumulated by it.

Developers may train AI models, create cutting-edge applications, power decentralized advertising, and more using Masa Network’s vast repository of private-by-default user data. Additionally, Masa will provide pre-built large-language models for real-time data searches throughout the network.

Simon Baksys, VP of Business of Development at LayerZero, commented:

“We are excited to collaborate with Masa to enhance privacy and innovation in AI development. The integration of LayerZero infrastructure with Masa’s ecosystem, will enable accelerated development of personalized AI applications while ensuring user data remains private and secure.”

1M ago
bullish:

0

bearish:

0

Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.