Terms of the Massa (MAS) sale:
- IDO Type: Refundable
- Total Raise: $600,000
- PEG: 1.53
- Public Token Price: 0.12
- FDV: 120M
- Listing: 15th of April 2024, 11:00 am UTC
- Token Unlocks: 30% at TGE, 6 months linear
- Ticker: MAS
- Blockhain Network: Massa
- SHO tokens network: BSC
- Token Supply: 1,000,000,000
- Initial Market Cap: $12.3M
- Initial Circulating Supply: 102.5M
- Hard Cap: 15M
- SHO Token Contract: https://bscscan.com/address/0xDc074966De429c92614769Dc6546A8E72E83175D
- Bridge to unwrap SHO tokens (on BSC) to the Mainnet (on Massa): https://bridge.massa.net/dao-maker-claim
What is Massa (MAS)?
Massa is a new layer 1 blockchain that unlocks on-chain and cross chain automation through its high scalability and autonomous smart contracts and allows decentralized applications to secure their frontend using web on chain. Participants in the Massa ecosystem have the chance to be part of a transformative platform that could redefine how blockchain technology is utilized across various industries. Using the Massa blockchain, builders will be able to use an L1 built from the ground up to merge automation, security & decentralization:
- Architect protocols that work completely autonomously, directly on the blockchain, leveraging the unique capabilities of ASCs,
- Experience the radical decentralization of hosting applications on-chain, breaking free from traditional constraints that dApps otherwise would face.
Core features:
- Parallel block technology: Massa’s parallel block technology, coupled with transaction sharding, gives the chain the ability to process up to 10,000 transactions per second, while upholding decentralization across thousands of nodes. This facilitates an inclusive ecosystem, welcoming a broader user base by ensuring the blockchain's operation on standard consumer hardware with minimal staking requirements.
- Autonomous Smart Contracts: Massa is the only blockchain in which smart contracts can act without having to be explicitly called by external transactions. Massa smart contracts can run a function at a predefined time or trigger at a predefined condition without relying on external services. This autonomy propels major innovations such as autonomous liquidity strategies, or self-evolving NFTs.
- Decentralized web: Massa enables hosting websites on-chain to achieve high robustness against hacks and censorship and increased transparency.
What makes Massa (MAS) unique?
Massa offers a suite of unique innovations that add new functionality and utility to crypto applications.
Introducing Autonomous Smart Contracts:
Massa's pioneering introduction of Autonomous Smart Contracts (ASCs) redefines the capabilities and potential of crypto applications, especially in DeFi. ASCs on Massa are advanced smart contracts capable of self-execution based on predetermined conditions. This innovation marks a departure from traditional smart contracts, which rely on external triggers for execution and are often dependent on centralized entities like bots, servers, or keepers, introducing points of failure and security risks. They open opportunities to blend algorithmic rules and on-chain execution.
By functioning independently of external services like Chainlink, ASCs offer an unprecedented level of censorship resistance and consistent operation, ensuring that DeFi platforms are more resilient and efficient.
ASCs and DeFi:
ASCs can potentially revolutionize DeFi, by offering the following benefits to users and developers:
- Fully Decentralized Exchanges: For the first time, Massa's ASCs allow for decentralized exchanges that operate with the full capabilities of centralized exchanges, including automated limit orders and liquidations, without relying on centralized control mechanisms.
- Advanced Lending Protocols: ASCs could be able to manage complex lending operations, including interest calculations, payment scheduling, and the management of undercollateralized loans, fully autonomously.
- Perpetual Trading Bots and Decentralized Front Ends: They enable the creation and deployment of self-operating trading bots and decentralized front ends that enhance user experience while maintaining security and decentralization.
ASCs in Other Domains:
- Evolving NFTs and Gaming: ASCs open up new possibilities in the NFT space and gaming, from autonomously breeding crypto-pets to enabling in-game items and characters that evolve without direct player input.
- Autonomous Platforms: They also facilitate autonomous governance and administration, such as conducting proposal voting tallies and managing membership additions based on immutable on-chain rules.
Massa's ASCs provide a reliable and efficient method for automating complex operations and interactions, making Massa a truly unique and compelling Layer 1.
On-chain web
Massa pioneers the hosting of fully decentralized websites on the blockchain, enhancing security and censorship resistance for DApps. Now, frontends can have the same security level and censorship resistance as smart contracts.
On-chain web represents a shift from Web2's vulnerability to an empowered, user-friendly, hack-resistant Web3 ecosystem.
- Completely on-chain: Massa hosts websites on-chain for a total Web3 experience.
- Enhanced Security: Eliminates various common recent attack vectors like frontend vulnerability and DNS hijacking in DeFi.
Developers can register their domain .massa on the DNS and design their apps fully on-chain. People interact through their favorite browser, seamlessly switching between web2 and web3.
Developer-Friendly Ecosystem
With the adoption of TypeScript for smart contract development, Massa bridges the gap between Web2 and Web3, offering a familiar environment for developers.
High Scalability with True Decentralization
Massa's parallel block architecture and accessible staking model achieve high scalability without compromising decentralization. This results in a Nakamoto coefficient exponentially higher than competitors, illustrating a more equitable and secure network.
What is Massa (MAS) roadmap?
Massa (MAS) revenue streams
Massa ($MAS) token utility :
Massa token is the network token, and as such serves as the currency of exchange of the network. Using the $MAS token, users and developers are able to :
- Pay for transaction fees, automation and smart contract deployment: Like Bitcoin and Ethereum, $MAS is used for executing all operations on the network, depending on parameters defined by the governance. This can range from transaction fees to deploying regular or autonomous smart contracts.
- Secure the network: As a Proof Of Stake network, validators need to stake $MAS to secure the network and prevent any attacks on the network. This ensures the validators incentives are aligned with the network incentives and prevents bad actors.
- Store data on chain: As Massa Network opens web onchain and onchain storage, users need to lock $MAS in order to store data onchain. These tokens are released when data is no longer stored onchain.
Massa Labs Revenue streams :
Massa Labs has multiple revenue streams to support and sustain the vibrant ecosystem of the Massa blockchain:
- Standard revenue streams for a Layer 1 blockchain like Massa include transaction fees, smart contract deployment costs, and network service charges. These sources provide a steady inflow that supports the blockchain's operational continuity and development. As Massa's network expands and the number of transactions increases, these revenue streams are expected to grow proportionally, further solidifying our financial foundation.
- Massa Labs also develops DApps that benefit from the unique characteristics of the Massa blockchain. First, shortly after the token launch, a bridge will be deployed between Massa and EVM chains. Massa Labs also plans to deploy DeFi products such as lending/borrowing platforms.
- Our ongoing collaboration with Starknet is not just a testament to our commitment to shared progress but also a key aspect of our growth strategy, as we continue to engage in mutually beneficial projects that fortify our interconnected ecosystems. Massa has already made significant contributions to Madara and the Bonsai Trie implementation in Rust.
Another stream is our venture studio, designed to nurture innovation and growth within the Massa community. This studio leverages Massa Labs' blockchain development skills to offer builders the essential tools, support, and mentorship necessary for crafting cutting-edge DApps. Massa Labs successfully accelerated several projects already, including:
- Dusa: An AMM that provides a fully decentralized experience and leverages Massa’s unique features to increase yield for liquidity providers and reduce slippage for users.
- Spined: An innovative platform for dynamic NFT management, which streamlines the integration process for gaming studios.
What is Massa (MAS) marketing strategy?
Our marketing strategy revolves around:
- Community building: Implementing community programs like our Ambassadorship and Testnet incentive programs to drive organic adoption
- Community governance: Include the community in the governance of the protocol through discussions in forums, votes. Include a core community member at the board of the foundation.
- Grant programs: Tailored grant programs, addressing the specific needs of Massa
- Liquidity incentive programs: Massa high scalability and autonomous smart contracts make it an ideal platform for DeFi applications. Various liquidity incentives programs are planned to support the launch of DeFi platforms.
- Partnerships other layers: Massa Labs plans to expand its collaboration with other major players in the web3 space to stay at the forefront of decentralized technologies.
- Targeting developers: Leverage our unique Typescript like smart contract language to attract web2 developers.
Massa (MAS) product dive
- Core L1 Blockchain documentation: https://docs.massa.net/docs/learn/home
- Massa Station (Wallet + on-chain web access): https://docs.massa.net/docs/massaStation/home
What technologies Massa (MAS) created and used?
- Consensus algorithm: Massa uses a unique consensus mechanism allowing it to settle thousands of transactions per second while maintaining the highest decentralization levels of the market. It also enables anyone with a desktop computer and 100 MAS to start running a full node, contribute to the security of the network, and receive staking rewards. The original research paper by the founders can be found here: https://arxiv.org/abs/1803.09029
- Decentralized web: Massa enables hosting websites on-chain to achieve high robustness against hacks and censorship. More info here: https://docs.massa.net/docs/learn/decentralized-web
- Autonomous smart contracts: Massa is the only blockchain in which smart contracts can act without having to be explicitly called by external transactions. Massa smart contracts can run a function at a predefined time or trigger at a predefined condition without relying on external services. Combined with the decentralized web feature, it allows builders to deploy their applications fully on-chain, without requiring any external infrastructure.
- WASM virtual machine: Massa uses a standard WASM virtual machine, benefiting from years of work by web giants. Moreover, the typescript-like smart contract programming language makes development on Massa familiar to all traditional web developers.
Who is the team of Massa (MAS)?
Sébastien Forestier - Co-Founder & President of the Massa Foundation
Sébastien Forestier is a graduate of Ecole Normale Supérieure and holds a Ph.D. in Computer Science from Inria. His leadership role is underpinned by a strong vision that combines robust technical knowledge with ambitious goals for Massa.
Adrien Laversanne-Finot - Co-Founder & CEO of Massa Labs
Adrien Laversanne-Finot is a graduate of Ecole Polytechnique and holds a Ph.D. in Quantum Cryptography. His background in advanced cryptography research ensures that Massa's technology remains cutting-edge and secure.
Damir Vodenicarevic - Co-Founder & CTO of Massa Labs
Damir Vodenicarevic brings a wealth of experience to his role as CTO at Massa, including a Ph.D. in Computer Science and a track record of successfully launching a tech startup. Prior to this, he worked in the banking sector at Treezor, where he focused on detecting fraud using machine learning.
Brian Felsen - CMO
With a comprehensive marketing background, Brian Felsen has served as the head of marketing at Harmony and the President of AdRev, CD Baby, and BookBaby. His marketing expertise is crucial to Massa's growth and brand recognition.
Grégory Libert - Head of Innovation of Massa Labs
As the former CTO at Treezor, Grégory Libert is well-versed in payment flows and has a strong background in technology and innovation. His expertise in fintech and payment systems is instrumental to Massa's development.
Jean-Christophe Baillie - Foundation Board Member
Jean-Christophe Baillie is the former head of Softbank Robotics Europe AI Lab and the founder of Novaquark, one of the pioneers of the Metaverse sector. Holding a Ph.D. in AI, his combined expertise in artificial intelligence, strategy, and management offers valuable insights and direction to Massa.
Who are the partners of Massa (MAS)?
- 47 ambassadors worldwide, motivating community of >46K on Telegram, 100K on Discord
- Signed partnerships with Umbrella and Hyperlane
- Ongoing collaboration with the Starknet team.
- Over 100 investors including Blueyard, TRGC, Andurance Ventures, Ariane Capital, Acequia Capital, and Numeus