Masa Finance, the pioneering force behind an incentivized and privacy-centric global personal data economy, recently announced the successful completion of its oversubscribed MASA token community sale on the CoinList platform.The sale, which was carried out in a remarkable display of community support and enthusiasm, took a mere 17 minutes. This highlights the immense potential of the decentralized personal data network that MASA Finance envisions and is actively building. The MASA token community sale initially allocated 63,554,660 MASA tokens, approximately $5,000,000; however, due to the high demand, MASA Finance added an extra allocation sold out, raising the total funds to $8,750,000.Out of the 52,606 who registered to participate in the community sale, only 3,285 registered users, representing 6% of the total, were able to secure 63,554,660 MASA tokens. Upon the successful listing of MASA tokens on centralized exchanges on April 11, 2024, buyers will receive 25% of their purchased tokens. The remaining tokens will be distributed to the respective users over a six-month linear vesting period. Masa Finance anticipates listing the MASA token on several centralized exchanges within four weeks.According to the Co-founder of MASA Network, Clanthia Mei, “The overwhelming response to our community sale reaffirms our community’s trust in Masa’s vision. In the new AI era, data is the new oil. Users deserve to own, share, and earn from their data.”As AI and blockchain technologies continue to gain popularity in use cases and reshape industries, the MASA Network team is working round the clock to develop the necessary infrastructure to support their vision. To this end, the MASA token will be used to facilitate governance and cover gas fees.Once the token is launched, buyers can get it on the BNB Smart Chain, Ethereum mainnet via the ERC-20 standard, and Avalanche subnet. However, the MASA token team is still working to expand its token’s presence to other networks, including Polygon (MATIC), Coinbase-backed Base, and Celo, among others, in the near future.To ensure the supply of privacy-protected data to AI developers using Zero Knowledge technology, the Masa Network has forged strategic partnerships with various web3 protocols, such as Injective, QuickSwap, and ZkSync.As Masa Finance enters the competitive landscape of decentralized data platforms, it will face competition from projects like and major technology companies, such as Microsoft Corporation, which have invested heavily in AI and blockchain. However, Masa Network appears well-positioned to capture a significant market share, boasting 1.3 million unique wallets and over 33 million proprietary data points.Launched in August 2022, Masa Network has already raised more than $9.2 million in funding from strategic investors, including DCG, Anagram, and GoldenTree.
