Masa Network Raises $5.4M to Fuel User-Centric Data Ecosystem

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In a significant development dated 23-01-2014, Masa, the innovator in decentralized data marketplaces, has successfully raised an impressive $5.4 million in its latest seed funding round. Notable contributors include Avalanche Blizzard Fund, Golden Tree, Unshackled Ventures, digital currency group, OP crypto, and PEER VC.

Anagram, spearheaded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan, stands out as the primary investor in this funding triumph.

Charting a Path to the Future

Armed with this new capital, Masa is set to develop and refine what is colloquially referred to as the “Decentralized Google.” This ambitious project is designed with essential features, ensuring an open, secure, and incentivized economy, along with the individual ownership of personal data globally.

The primary goal of Masa’s groundbreaking initiative is to provide users with unprecedented control over their data without compromising privacy. This is achieved through cutting-edge zero-knowledge and fully-homomorphic encryptions, promising a secure and seamless user experience.

Celebrating Massive Breakthroughs

Cumulatively, Masa has now amassed a total investment of $8.9 million, building upon the $3.5 million secured in its pre-seed stage in May 2022. The pre-seed round witnessed active participation from 12 notable investors, alongside the steadfast support of Unshackled Ventures.

Following the successful seed funding round, Calanthia Mei, Co-Founder of Masa Network, shared insights with the media.

“Masa Network realizes the original blockchain dream – a fair data economy where you own and profit from your data. With AI fueling surging demand, Masa arrives at the perfect time. Masa lets you control and monetize your data on a decentralized marketplace. Own your data, control its use, and get paid. The future is data sovereignty. The power is yours with Masa.” 

What are your thoughts on the rise of decentralized data marketplaces? Could Masa be the game-changer we’ve been waiting for?