Masa Community Sale on CoinList Raises $8.75 Million
The Masa Community Sale on CoinList has achieved remarkable success, with participants purchasing the initial allocation of 63,554,660 MASA Tokens, equivalent to $5 million, in just 17 minutes. The sale also sold out its additional token allocation, resulting in a total of $8.75 million raised.
Record-breaking Participation and Oversubscription
The Masa Community Sale was oversubscribed by 6.4 times, demonstrating overwhelming demand for the token. Out of 52,606 registrants, only 6% managed to secure the initial allocation of MASA tokens. Successful buyers will receive 25% of their tokens when MASA is listed on centralized exchanges around April 11th, 2024. The remaining tokens will be released over a 6-month linear vesting period.
Calanthia Mei, the Co-founder of Masa Network, expressed gratitude for the community’s response and emphasized that users deserve ownership and compensation for their data in the AI era.
Masa Joins Prestigious Projects on CoinList
Masa is proud to join renowned projects such as Solana, Filecoin, Algorand, Near, and Immutable X in hosting its community token sale on CoinList.
About MASA Token and Masa Network
- The MASA token serves as the native utility and governance token for the Masa Network.
- MASA operates as an ERC20 token on Ethereum Mainnet.
- MASA will also be accessible on the BNB Smart Chain at launch and expand to other networks like Avalanche, Polygon, Base, Celo, and more.
- Masa aims to empower users to own, share, and earn from their personal data.
- Masa’s Zero-Knowledge Soulbound Tokens (zkSBTs) provide encryption technology for secure and private data storage.
- Users can contribute their data and earn passive rewards in the form of MASA tokens.
Masa’s Achievements and Future Plans
Masa has experienced significant growth since its launch in August 2022:
- Over 1.3 million unique wallets
- More than 33 million proprietary data points
Masa has raised over $9.2 million in funding from prominent investors such as DCG, Anagram, and GoldenTree. The project was also incubated by CoinList’s Seed Program and Binance’s Most-Valuable-Builder Accelerator.
The success of the CoinList sale reinforces Masa’s vision of building a new data economy. The project has an ambitious development roadmap and exciting partnerships in the pipeline.
HOT TAKE: Masa Community Sale Sets New Records in Token Purchase
The Masa Community Sale on CoinList has achieved incredible success, raising $8.75 million within minutes. This overwhelming response highlights the community’s trust in Masa’s vision of empowering users to own, share, and earn from their personal data.
Masa joins prestigious projects on CoinList and stands out with its innovative approach to data privacy and ownership. The MASA token serves as the native utility token for the Masa Network, providing users with opportunities to contribute their data and receive passive rewards.
With a rapidly growing user base, substantial funding, and exciting partnerships, Masa is well-positioned to revolutionize the data economy and give control back to users.
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