Masa Integrates with LayerZero to Power Cross-Chain AI Data Marketplace
Masa Integrates LayerZero Bridge for Token & Data Network Interoperability
Masa is excited to announce our integration with LayerZero Labs. LayerZero is an interoperability protocol that connects blockchains, allowing developers to build seamless omni-chain applications, tokens and experiences.
Masa has integrated the LayerZero bridge in preparation for our network mainnet and token launch — happening on or around April 11th, 2024.
The LayerZero bridge will enable Masa Tokens to bridge from the Masa Data Network which will be launched on a dedicated Avalanche Subnet, across Ethereum and Binance Smart Chain at launch.
The Masa Network will be an interoperable network for the world’s personal data, launching across multiple blockchain protocols from day one. The integration of LayerZero will enable MASA tokens to seamlessly bridge across multiple networks upon the launch of the network.
Calanthia 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.”
As a leading data supplier powering AI innovations, the Masa Network will enable users to contribute their personal data across multiple chains. Developers can create data staking pools to incentivize users to contribute their data. These data staking pools will reward users while their staked data is being used in training AI agents, AI models, and AI predictions. Our cross-chain data network will enable MASA tokens to be transacted across multiple blockchains thanks to our integration with LayerZero.
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.”
About LayerZero
“LayerZero is an interoperability protocol that connects blockchains (50+ and counting), allowing developers to build seamless omnichain applications, tokens, and experiences. The protocol relies on immutable on-chain endpoints, a configurable Security Stack, and a permissionless set of Executors to transfer censorship-resistant messages between chains.”
About Masa
Masa is the world’s personal data network, empowering users to own, share and earn from their data. In the AI era, Masa is building a scalable, secure, and resilient global data market, where millions of developers can build innovative applications using privacy-first user data.
Masa has amassed over 1.3 million unique wallets and over 37 million proprietary data points in its exponential growth since launch in August 2022. It has raised more than $9.2 million in funding from leading investors such as DCG, Anagram and GoldenTree, and was incubated by Coinlist’s Seed Program and Binance’s Most-Valuable-Builder Accelerator.