Masa raises $5.4M in seed spherical to construct a private knowledge community on Avalanche

• Masa raised $3.5 million in a pre-seed spherical in 2022, and the seed funding brings the full to $9.2 million.
• Masa will use these funds to construct its decentralised zk community for private knowledge on Avalanche.

Masa Community, a platform constructing a zero-knowledge (zk) knowledge community and market, has raised $5.4 million in its seed spherical, based on an announcement on Tuesday, January 23.

Anagram, a enterprise capital platform co-founded by Lily Liu (Solana Basis President) and Joe Eagan (former Polychain President), led the seed spherical. Different contributors embrace Digital Forex Group, Avalanche Blizzard Fund, GoldenTree, and OP Crypto amongst others.

The seed spherical provides to the $3.5 million Masa raised in a pre-seed funding spherical closed in 2022. With this funding, the platform has now raised a complete of $9.2 million.

Masa plans to make use of the brand new capital injection to construct its decentralized community for private knowledge, which it dubs a “decentralized Google.” Per particulars printed at the moment in a Medium put up, Masa expects to launch the community as a subnet on Avalanche.

“Masa enables you to management and monetize your knowledge on a decentralized market. Personal your knowledge, management its use, receives a commission. The long run is knowledge sovereignty. The facility is yours with Masa,” Calanthia Mei, co-founder of Masa Community, stated.

Since its launch in August 2022, Masa’s zero-knowledge powered knowledge community has been built-in by prime crypto tasks similar to Avalanche, Injective, Celo and QuickSwap.