Masa Network’s Community Sale Shatters Records, Raises $8.75M on CoinList in 17 Minutes

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Written By Sedoso Feb

In an unprecedented surge of interest, Masa, the pioneer in decentralized personal data networks, has announced the sensational close of its community token sale on CoinList, reaching a staggering $8,750,000 from the initial and additional token allocations combined. This sale was completed in a mere 17 minutes, setting a new benchmark in the crypto community for rapid funding.

The sale witnessed the release of 63,554,660 MASA Tokens, valued at $5,000,000, which were snapped up almost instantly. The demand was phenomenal, with the sale being oversubscribed by 6.4 times. Of the 52,606 individuals registered, only 6%, amounting to 3,285 lucky users, managed to secure their share of the MASA tokens. Those successful will receive 25% of their tokens upon MASA’s anticipated listing on centralized exchanges around April 11th, 2024, with the remainder to follow over a six-month linear vesting schedule.

Masa’s co-founder, Calanthia Mei, expressed her gratitude and excitement over the sale’s outcome, stating, “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.”

The success places Masa alongside high-profile projects that have previously launched their community sales on CoinList, such as Solana, Filecoin, and Algorand. Masa’s token, MASA, which serves as both a utility and governance token within the Masa Network, is also a gas token on the Masa Avalanche Subnet, illustrating its multifunctional value. Furthermore, with the network’s launch, MASA will be available on the BNB Smart Chain, with future plans for expansion onto other networks like Avalanche, Polygon, and Celo.

A New Era for Personal Data

At its core, Masa aims to revolutionize the handling and monetization of personal data. Today, individuals’ data, from social media interactions to browsing history, is often locked within big tech conglomerates, and exploited without consent. Masa confronts this by enabling users to retain control over their personal information, leveraging Zero-Knowledge Soulbound Tokens (zkSBTs) to provide a secure, anonymous method for data sharing and earning.

With over 1.3 million unique wallets and more than 33 million proprietary data points, Masa is rapidly advancing its mission to reshape the data landscape. The network not only serves individual users but also provides a rich resource for AI developers, offering privacy-protected data to fuel AI training processes without compromising user privacy.

The successful CoinList sale marks a significant milestone in Masa’s journey, underlined by a robust development roadmap and a growing list of strategic partnerships. With a clear vision and the backing of influential investors, Masa is well on its way to creating a new paradigm for data economy, where user sovereignty and privacy come first.

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