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Masa Finance:
Masa is the world's first Soulbound Token (SBT) Identity Protocol. Masa uses SBTs to represent users' attributes in web3 and in the real world, along with a protocol-level abstraction that enables the full management of SBTs and the data attributed to them. The Masa Protocol provides the fundamental building blocks for a web3 identity management layer that encapsulates any type of data attributed to an individual in the real world or in web3.
By creating an identity management layer that enables a plurality of SBTs, individuals can build a web3 identity incrementally; Masa enables the full vision laid out by Vitalik Buterin et al. in the paper, Decentralized Society: Finding Web3's Soul.
With Masa, metadata attributed to a soulbound token is encrypted and can only be accessed with permission from the identity owner through the Masa Protocol.
What are SBTs
Soulbound Tokens, proposed by Ethereum creator Vitalik Buterin, will form an essential building block for a Decentralized Society, or DeSoc. Soulbound Tokens are publicly visible, non-transferable, non-fungible tokens (NFTs) that can serve as a web3 user’s identity that is intrinsically tied to their owners. These non-transferable tokens represent credentials and affiliations within a DeSoc and are linked to Souls. Souls are a type of identifiable address – generally a blockchain account, or in our case, an Ethereum wallet, that establishes provenance. A user can mint and burn their SBTs.
Masa platform unique soulbound identity feature:
Masa is the first Soulbound Token (SBT) Identity Protocol in existence. Masa employs SBTs to represent user attributes in web3 and the real world, together with a protocol-level abstraction that makes it possible to fully manage SBTs and the data associated with them. The Masa Protocol offers the core building pieces for a web3 identity management layer that captures any kind of information connected to an individual in the real world or on the web3. Soulbound Tokens are non-fungible, non-transferable, publicly accessible tokens (NFTs) that can act as the identity of a web3 user and are intrinsically linked to their owners. These non-transferable tokens are connected to Souls and reflect credentials and connections inside a DeSoc. A form of address known as a soul establishes provenance and is typically a blockchain account, or in an instance, an Ethereum wallet. Users have the option to mint and burn SBTs.
Masa Soulbound Identity empowers users from around the globe to claim their unique .soul name (like an ENS domain name) and mint a Soulbound Token (SBT) which represents their digital identity. Once a user claims their Masa Soulbound Identity, they can use it to create a web3 credit report, and in the future access a variety of financial services built on Masa. Masa’s Soulbound Tokens differ from blockchain-based identity certificates such as decentralized identifiers (“DIDs”) and verifiable credentials (“VCs”) by one critical aspect: composability. Masa’s SBTs achieve composability with web3 smart contracts for correct execution of code, privacy, coercion resistance, and censorship resistance.
The Masa team hopes to on-ramp the next billion users into web3. However, having previously created products for both the web2 and web3 universes, the team is certain that in order for web3 to scale according to their collective vision, they must eliminate the identification barrier, as a result the first Soulbound Token ("SBT") identity protocol for web3, however, was introduced by Team Masa as Masa’s Soulbound Identity.
MASA FINANCE Mission and Vision:
Mission
Masa is on a mission to bring the next 1 billion people to web3. We do this by building a more equitable financial system that unlocks choice and opportunity for 4.95 billion people.
Vision
Our vision is to build web3's first soulbound identity protocol.
Soulbound Tokens: Unlock the Infinite Potential of Web3:
If you missed the launch of ENS domains, or benefitted from it greatly, you won't want to miss the launch of the first Soulbound Token NFT. Mint multiple .soul names and trade your NFTs on OpenSea.
Get on the allowlist
https://beta.claimyoursoul.masa.finance/ to get early access to claim your unique .soul name before it's taken!
Masa Ecosystem &
Soulbound Identity:
As Masa expands its ecosystem, developers will utilize Masa
Soulbound Identity across various platforms and
decentralized applications.
Use your unique .soul name to unlock applications such as:
Decentralized Credit Scores
Soulbound Token Single Sign-On
Soulbound Airdrops
One-Click NFT Allowlist Registration
Web3 KYC and ID Verification
Proof-of-Particpation
GameFi Applications
Proof-of-Identity for DAO governance voting....... and more.
1/ ANNOUNCEMENT: Masa Mainnet will go live on January 17th, 2023!🚀
The official launch date is here 🎉 Get ready to act fast and mint those rare .soul names when we go live...
Here is what you need to know for the #Masa #Mainnet launch…
Masa Soulbound Identity Launches on Ethereum Goerli Testnet:
We are excited to launch Masa Soulbound Identity on Ethereum’s Goerli Testnet!
After close to two months of successful testing on Celo’s Alfajores Testnet, we are excited to launch Masa Soulbound Identity on Ethereum’s Goerli Testnet! This marks an important milestone and the next step towards our Ethereum mainnet launch in the near future.
Trade your .soul name on OpenSea Testnet: There’s more: you can now trade your unique Masa .soul name on OpenSea! We listened to our community’s feedback that they want to make their .soul names rare, fun and tradable — and we delivered.
Similar to an ENS domain, the community can determine the value of their unique .soul name, and trade the NFT created for them in the secondary market on OpenSea.
Mint your unique .soul name and start trading on OpenSea before they run out! With Masa on the Goerli Testnet, you can mint a .soul name, generate a web3 decentralized credit score, and trade your .soul name on the OpenSea testnet.
Go to https://beta.claimyoursoul.masa.finance/ and start minting Masa SBTs now.
Benefits of the Masa platform to its users:
providing them with information and groundwork for wealth creation through financial education.
Provides Real-time knowledge of their wealth, net worth, and spending recommendations.
Robo investing; including cryptocurrency assets such as Bitcoin, DeFi assets, yield farming, and environmental and sustainable investments (traditional and cryptocurrency).
A cryptocurrency backed charge card (credit card) and buy-now-pay-later product that enables spend and save.
DeFi credit report with real-time credit scoring powered by traditional (FICO) and alternative financial data using machine learning..
Masa enables 1-click KYC and access to uncollateralized and undercollateralized credit in DeFi.
Masa platform unique soulbound identity feature:
Masa is the first Soulbound Token (SBT) Identity Protocol in existence. Masa employs SBTs to represent user attributes in web3 and the real world, together with a protocol-level abstraction that makes it possible to fully manage SBTs and the data associated with them. The Masa Protocol offers the core building pieces for a web3 identity management layer that captures any kind of information connected to an individual in the real world or on the web3. Soulbound Tokens are non-fungible, non-transferable, publicly accessible tokens (NFTs) that can act as the identity of a web3 user and are intrinsically linked to their owners. These non-transferable tokens are connected to Souls and reflect credentials and connections inside a DeSoc. A form of address known as a soul establishes provenance and is typically a blockchain account, or in an instance, an Ethereum wallet. Users have the option to mint and burn SBTs.
Masa Soulbound Identity empowers users from around the globe to claim their unique .soul name (like an ENS domain name) and mint a Soulbound Token (SBT) which represents their digital identity. Once a user claims their Masa Soulbound Identity, they can use it to create a web3 credit report, and in the future access a variety of financial services built on Masa. Masa’s Soulbound Tokens differ from blockchain-based identity certificates such as decentralized identifiers (“DIDs”) and verifiable credentials (“VCs”) by one critical aspect: composability. Masa’s SBTs achieve composability with web3 smart contracts for correct execution of code, privacy, coercion resistance, and censorship resistance.
The Masa team hopes to on-ramp the next billion users into web3. However, having previously created products for both the web2 and web3 universes, the team is certain that in order for web3 to scale according to their collective vision, they must eliminate the identification barrier, as a result the first Soulbound Token ("SBT") identity protocol for web3, however, was introduced by Team Masa as Masa’s Soulbound Identity.
Benefits of the Masa platform to its users:
providing them with information and groundwork for wealth creation through financial education.
Provides Real-time knowledge of their wealth, net worth, and spending recommendations.
Robo investing; including cryptocurrency assets such as Bitcoin, DeFi assets, yield farming, and environmental and sustainable investments (traditional and cryptocurrency).
A cryptocurrency backed charge card (credit card) and buy-now-pay-later product that enables spend and save.
DeFi credit report with real-time credit scoring powered by traditional (FICO) and alternative financial data using machine learning..
Masa enables 1-click KYC and access to uncollateralized and undercollateralized credit in DeFi.
The aim/objectives of the masa platform:
Masa aims to develop the first soundboard identity system for the web3, which will attract the next 1 billion users to the platform. They achieve this by creating a more equitable financial system that grants 4.95 billion people access to choice and opportunity. Masa Soulbound Identity seeks to serve as the digital identity of a web3 user for DeFi, dapps, communities, gaming, and other uses. Your.soul name (for example, masa.soul;) will be your pseudonymous, individual name that symbolizes your Masa Soulbound Identity - a domain for your web3 identity - in a decentralized society. You can do a lot of things with your Masa Soulbound Identity, such as apply for a DeFi loan, establish your in game reputation, vote in DAOs (with anti-Sybil and vote weighting), join an NFT allowlist, and more. that’s very interesting.
Team value of Masa finance platform:
High Performance: The masa team is driven by a passion for the business and sets high standards. They put a lot of effort into iterating and improving their business and themselves every day.
Empowerment: The masa finance frequently reach their greatest potential through team empowerment. They invest in one another, work to build each other up as a team, and participate in personal and professional development projects every day.
Inclusion: The Masa financial team values diversity, equity, and inclusion both within the team and in the community. Building a diverse team of people from various origins, identities, and experiences produces the finest ideas and insights.
Transparency: As a member of the Masa team, you can expect complete transparency regarding every aspect of the company, including the finances, the product plan, and the daily operations of each department.
My Opinion
I am sure that this project will succeed and there is no possibility of failure. Everyone will see a happy day. MASA surely has something extraordinary, in no time we will be seeing it in the top and it deserves mass attention! I suggest all of you to look at , it has very secured future!
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For more information, please visit these Links:
Website: https://www.masa.finance/
Twitter: https://twitter.com/getmasafi
Telegram: https://t.me/masafinance
Discord: https://discord.com/invite/HyHGaKhaKs
Author information
POA link: https://bitcointalk.org/index.php?topic=5430758.msg61475519#msg61475519
Bitcoin Username: TTT333T
Bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=3405066
Telegram username: @Maib261
BSC wallet address: 0x13EA2E360989db13FfF9768A3cA59b4Ea936fcC3
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