Masa Network is building a decentralized, privacy-first marketplace for personal data that leverages zero-knowledge and fully-homomorphic encryption to preserve user privacy. The platform lets users contribute data and earn rewards in Masa's native token while granting developers permissioned access to train AI models and build applications. Masa describes itself as a “Decentralized Google” for personal data and emphasizes data sovereignty and fair compensation for creators. The project plans a Q1 mainnet launch on a dedicated Avalanche Subnet through a strategic partnership with Avalanche. Since launching in August 2022, Masa reports over 1 million connected wallets, more than 15 million permissioned data points, and over 23,000 testnet node operators, with early adoption from projects like Avalanche, QuickSwap, Injective, and Celo. Financially, Masa announced a $5.4M Seed round that brings total funding to $9.2M. The company was incubated by Coinlist’s Seed Program and Binance’s Most‑Valuable‑Builder Accelerator. Masa Finance is a hybrid credit protocol and decentralized credit bureau that aggregates off-chain and on-chain data to create non-fungible on-chain credit reports. The platform links traditional financial accounts and credit bureau data with crypto holdings and on-chain signals, integrating over 10,000 off-chain sources across 78 countries and 26 on-chain integrations (exchanges and wallets such as Binance, Coinbase, FTX, Gemini and MetaMask). Built on Celo and Ethereum, Masa aims to give users ownership and sovereignty over their credit history and eventually migrate governance to a DAO structure. The company is launching out of beta with about 36,000 people signed up, most users in sub‑Saharan Africa (notably Nigeria and Kenya), more than 2,100 node operators on its live testnet, roughly 300 developer registrations and seven projects registered to integrate. Masa is preparing credit products including a credit builder loan, uncollateralized loans and an SME line of credit through its app, and hopes to partner with lending protocols such as Goldfinch. Financially, Masa raised $3.5M in pre‑seed funding, reports double‑digit growth each month since the start of the year, and plans a seed round to fund hires, the protocol's production release, a public token sale, and scale-up of node operators and developer and lender onboarding.

Total raised

$9M

Funding rounds

2

Latest round

Seed

Latest activity

Jan 2024