TechFlow news — decentralized data network Masa Network has announced a $5.4 million seed funding round led by Anagram, with participation from prominent investors including Avalanche Blizzard Fund, Digital Money Group, and GoldenTree.
The venture firm was co-founded by Lily Liu of the Solana Foundation and Joe Eagan, former member of Polychain. The funds will be used to launch Masa's subnet on Avalanche this year.
Masa aims to build a data platform that allows users to contribute personal data and receive compensation in the form of Masa's native token. Developers will gain access to this data to train AI models and build applications in a privacy-preserving manner.
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