Introduction
Masa, commonly referred to as maize or corn, served as a foundational food source for early civilizations. To produce tortillas, tamales, and other foods, masa dough prepared from maize flour was utilized. It was a tool for trade and the foundation of successful settlements.
As traditional monetary institutions evolved throughout time, significant sections of the public weren't taken along because they lacked the resources to boost credit or take part in the general economy. Masa was established to help unbanked people with no means of getting credit-worthy anytime soon.
Masa makes it easier for you to manage your own finances, build a distributed credit score, and get connection to collateral-free loans. Having admittance to these monetary instruments can help people build their own affluence and stronger communities, much the way Masa helped earlier civilizations grow.
Masa Finance
Masa is a web3 project that provides people with an entrance to distributed credit and other monetary solutions on a worldwide scale.
Masa was working on creating a completely distributed credit firm.
The project brought together more than 10,000 web3 and web3 data basics and gave companies and people tools to use to connect to credit on-chain.
While creating a more globally accessible credit bureau, the need for a stronghold was realized, which we know as web3 identity. At first, there wasn't a standing web3 identity protocol that help accumulate the on-chain data of Masa.
The results of bringing to life, Masa identity (Soulbound) was unexpected, and got a good number of responses, and it made a huge impact in the market.
Masa Soulbound Token(SBT) identity protocol
Soulbound Token (SBTs) were created by Masa to be the connection between their unique existence, application, and their interaction with their decentralized world. It will act as a general, non-exchangable and non-fungible token that will be a web3 user's new character, and will be tightly joined to its original users.
Masa is actively creating an opportunity for the society's first soulbound identity protocol in web3 to shine.
Metadata stored in a SBT on Masa will only be strictly viewed with consent from the possessor using Masa.
Benefits of Masa Soulbound Identity
Users on Soulbound will be admitted into the DeFi loans of Masa list.
Web3 Verification and Select Sign-on; Lack of a helpful UI makes it difficult for customers to get entrance access web3; This is one of the key issues with adoption rates of web3.
Masa Soulbound plans to act as the single sign-on for web3. This allows users to sign in on different web3 applications through one login. It is done by soul-linking their accounts. This way, users can sign-on without having to show their true status or having to do biometric authentication each time they log in. It comes especially handy for users when they log in to exchanges, crypto platforms, etc.
.Soul name; users can claim their own Masa Soulbound identity. Masa's original testnet release will make this possible for users at Masa. It will act as a unique attribute for an owner's soul that is attached to a digital wallet or a soul-linked input store. An example is ENS on SBT. On the mainnet, holders will be able to re-establish and exchange their .soul name to other holders on NFT marketplaces.
For More Information Visit :
Website : https://www.masa.finance/
Telegram : https://t.me/masafinance
Twitter : https://twitter.com/getmasafi
Discord : https://discord.gg/HyHGaKhaKs
Medium : https://https//masafinance.medium.com
Publishers Informations :
Forum Username: Bestdss
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3406283
BEP-20 Wallet Address: 0x5915CEDf7DFd18fb2B7fA45d76369e31c503A531
POA : https://bitcointalk.org/index.php?topic=5430758.msg61516576#msg61516576
Great to hear about this project
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Masafinance will turn out good
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Masa will establish to be helpful to many people
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I enjoyed reading your article.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit