{"id":290219,"date":"2024-04-26T11:07:51","date_gmt":"2024-04-26T05:37:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=290219"},"modified":"2024-04-26T11:07:51","modified_gmt":"2024-04-26T05:37:51","slug":"masa-network-launches-marketplace-for-tokenized-data-to-train-ai-models-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/masa-network-launches-marketplace-for-tokenized-data-to-train-ai-models-crypto-news\/","title":{"rendered":"Masa Network Launches Marketplace For Tokenized Data To Train AI Models &#8211; Crypto News"},"content":{"rendered":"<p>Users can earn \u201cpoints\u201d in exchange for securely contributing data to the platform.<\/p>\n<div>\n<p>Web3 projects continue to embrace artificial intelligence, with Masa Network, a project offering tokenized rewards to users who contribute data used to train AI models, launching on mainnet.<\/p>\n<p>Masa\u2019s AI data network and marketplace completed its mainnet launch on April 11. <\/p>\n<p>Masa provides rewards to users for securely contributing anonymized data to an aggregated dataset. The project also allows developers to create specialized AI agents trained on Masa\u2019s database. <\/p>\n<p>Masa said 1.4 million users have already contributed 40 million anonymized data points to the network. Developers can leverage Masa\u2019s suite of decentralized Large Language Models to build agents and models.<\/p>\n<p>\u201cEvery Internet user can be an anonymized data contributor and node worker, earning token rewards by sharing their data and unused compute power with AI developers,\u201d Masa said. \u201cFor AI developers, Masa provides proprietary, high-quality, verified personal data in real-time that they can use to train AI models which are \u2018specialized\u2019 rather than \u2018generalized\u2019, creating hyper-personalized AI agents.\u201d<\/p>\n<p>Masa users can contribute data via multiple campaigns, including \u201cquest-to-earn\u201d on the Masa App, \u201csurf-to-earn\u201d via Masa\u2019s Chrome Browser Extension, or \u201cnode-to-earn\u201d through the Masa Oracle. Each campaign distributes data \u201cpoints\u201d which can be shared on the Masa Data Marketplace in exchange for tokenized rewards.<\/p>\n<p>Data provided by users is kept private and encrypted through the use of non-transferable soulbound tokens secured by zero-knowledge proofs.<\/p>\n<p>The project\u2019s MASA token also went live on exchanges on April 11 following an $8.75 million token sale on Coinlist that distributed 63.6 million tokens for $0.079 and sold out in <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/masa-finance\/masa-network-completes-its-coinlist-community-sale-in-just-17-minutes-cf91d360a2f4\">17 minutes<\/a> on March 7. <\/p>\n<p>MASA last changed hands for $0.39 after crashing 51% so far today, according to CoinGecko. A quarter of the tokens sold via Coinlist were unlocked today.<\/p>\n<p>Masa has allocated nearly 6.67 million MASA to reward users who contribute to its AI Data Marketplace.<\/p>\n<h2>Crypto and AI converge<\/h2>\n<p>The recent artificial intelligence boom has taken the web3 sector by storm, with the combined capitalization of AI tokens surging nearly <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/web.archive.org\/web\/20231028080956\/https:\/\/www.coingecko.com\/en\/categories\/artificial-intelligence\">700%<\/a> since late October to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/categories\/artificial-intelligence\">$25 billion<\/a>, according to CoinGecko.<\/p>\n<p>However, despite the bullish market momentum, few projects offer <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/the-convergence-of-ai-and-blockchain\">novel use cases<\/a> leveraging web3 technologies.<\/p>\n<p>Masa is the latest example of a web3 project offering a decentralized platform allowing users to contribute their data to train AI models in exchange for rewards.<\/p>\n<p>Vana, a project similarly offering a decentralized network hosting user-owned datasets and community-built AI models, announced the launch of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/vana-launches-dao-allowing-users-to-control-and-sell-their-reddit-data\">Reddit Data DAO<\/a> on April 3.<\/p>\n<p>The DAO allows Reddit users to compile their Reddit comment history to a pooled data set in exchange for tokens. The tokens allow holders to participate in governance to vote on monetizing the dataset by selling it to AI companies for model training.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Users can earn \u201cpoints\u201d in exchange for securely contributing data to the platform. Web3 projects continue to embrace artificial intelligence, with Masa Network, a project offering tokenized rewards to users who contribute data used to train AI models, launching on mainnet. Masa\u2019s AI data network and marketplace completed its mainnet launch on April 11. Masa [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":290220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-290219","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=290219"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290219\/revisions"}],"predecessor-version":[{"id":290221,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290219\/revisions\/290221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/290220"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=290219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=290219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=290219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}