Masa companions with Avalanche to launch its zk-data community

• Masa introduced the launch of its zk-Information Community & Market on Monday.
• The Avalanche subnet will likely be powered by AvaCloud.
• Masa has secured strategic funding from Avalanche’s Blizzard Fund.

Masa, a platform constructing a zero data information community, has introduced the launch of its zk-data community and market.  

In keeping with a information launch printed Monday, Masa will launch the gasless Avalanche subnet within the first quarter of 2024, bringing a customizable blockchain community for private information to the general public.

The subnet will likely be powered by AvaCloud, a managed blockchain service that permits customers to deploy scalable decentralized networks. 

Masa Companions with @Avax to launch ZK-Information Community

Empowering individuals to take again management of their information.
Because of @AvaCloud, we’re launching a customized #Avalanche Subnet 🔺

Masa additionally receives a strategic funding from @BlizzardFund ❄️https://t.co/bs6iz6s69F

— Masa (@getmasafi) December 18, 2023

Masa’s quest to allow additional adoption throughout Avalanche will likely be backed by the Avalanche Basis in addition to by way of a strategic funding from Blizzard Fund. Blizzard is a enterprise capital fund devoted to development and innovation on the Avalanche blockchain.

“Avalanche is the best launchpad for customized blockchains, having launched 14 customized blockchains by video games, governments or enterprises. That is the proper structure to assist our ZK-Information community and market. By deploying on a devoted Avalanche Subnet, main monetary establishments, AI startups, and large-scale client tech purposes can entry safe, scalable, ZK-encrypted consumer information with out paying any gasoline,” Calanthia Mei, co-founder of Masa, famous in a press release.

On the Masa platform, customers receives a commission for his or her information, with the Zero-Information Soulbound Token (zkSBT) designed as the non-public information locker. This ensures each consumer’s digital footprint stays encrypted and personal. These seeking to faucet into this infrastructure pay for it to get entry to zkSBT.

The Binance and CoinList incubated mission has grown to embody over 800k customers since its unveiling in August 2022. It has secured over $7 million from traders.