Farm $CORN While Building Your DeFi Credit Score With Masa
We believe companies should pay you for using your data. Marketers and companies use your personal information to sell and optimize services with little benefit to you as an individual. The centralized marketplace is heavily skewed to benefit large billion-dollar companies who continually profit without compensating individuals and small businesses. Sure, you are getting free services but are you getting a good deal? At Masa, we don’t think so.
We’re part of a vanguard of blockchain companies building technologies that are looking to level the playing field and put power back into the hands of individuals. We’re not going to lie to you — we need your user permissioned and anonymized data to build our services and credit models, BUT we’re going to pay you for it.
This is how it works:
Once you connect your accounts through Masa to create your DeFi credit score, we encrypt your sensitive data so that it can only be accessed by you and our team of data scientists (with your permission) — we never share or sell your data — you are giving us permission to train credit models only! Once shared, your data is used to train our machine learning models while building your personalized DeFi credit score, helping the Masa Protocol offer tailor-made loan products for you and other users. At all times, your data is encrypted, and we don’t use it to self-identify you or market to you — ever. If you want us to stop using your data for training models, you can opt out and stop earning rewards.
The more data you provide for product development, the more $CORN you earn:
A total of 6M Masa Tokens, $CORN have been allocated from the bounty pool into the $CORN Farming program, which runs over six months. Each month 1M Masa Tokens, $CORN will go into the farming pool and split proportionally between data farmers depending on the amount of data you farm through your connected accounts.
Reward weighting may be subject to change before the launch and will be updated accordingly.
Terms and conditions will be published at the launch on the 1s of February 2022.
The data economy is changing. Giving people a choice and valuing their personal property (their data) is the path of the future.
Sign up here to join the waitlist and get notified of the launch!
The Masa Team