Masa Finance plans to launch decentralized data network and market in Q1 2024
Masa Finance, a data network that claims to be "building a decentralized Google for the AI era," plans to launch a decentralized data network and market in the first quarter of 2024.
Masa is working with the hosted blockchain service AvaCloud to deploy an Avalanche subnet (a specific application blockchain) without Gas (no transaction fees). According to a statement, this customizable blockchain will be designed to efficiently and cost-effectively process large amounts of zero-knowledge encrypted data.
As previously reported by BlockBeats, Masa Finance announced the completion of a $3.5 million seed round of financing in May 2022, with participation from Unshackled Ventures, Lateral Capital, GoldenTree Asset Management, Decentranet Intersect VC, Peer VC, Alves Ventures, and others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Democratic Senators ask Musk's DOGE staff to leave CFPB
Tencent Yuanbao: Hunyuan T1 deep thinking model can be used unlimitedly
Vitalik: Ethereum L1 and L2 need to clearly define the scope of transactions
Shanghai adds 6 registered generative AI services, including Xiaohongshu Translation
Trending news
MoreCrypto prices
More
