Paris, France, April 18, 2024 – Massa Labs, the driving force behind the innovative Massa blockchain, announces significant milestones post their remarkably successful token sales. The Layer 1 blockchain, renowned for its blend of autonomous smart contracts, on-chain web hosting, and high-throughput architecture, now finds listings on Bitget and MEXC exchanges. Concurrently, Massa launches its Ethereum bridge alongside an extensive liquidity incentive program.

Record-breaking Token Sales and Low Market Cap

Massa's recent DAO Maker sale witnessed a staggering oversubscription of 104x, marking it as the third-largest sale in the platform's history, accumulating over $20 million in total commitment. Similarly, the project's Republic sale achieved full subscription, amassing $3 million from more than 1,300 investors. Despite these achievements, Massa's market capitalization stands at around $15 million, relatively modest compared to other layer-1 blockchain projects.

Strong APY and Liquidity Incentive Program

In a bid to further incentivize liquidity providers, Massa allocates 17,000,000 MAS tokens to a six-month liquidity program. Participants stand to earn rewards through native yield on bridged assets, a seasonal mechanism for on-chain activity, protocol token incentives, and generated fees. Initially focusing on three key liquidity pools on Dusa Labs, Massa's inaugural DEX, the program capitalizes on the commitment and organic activity demonstrated by over 2,000 stakers running full nodes since the mainnet launch merely two months ago.

Ethereum Bridge and Ecosystem Expansion

The newly introduced Massa Bridge facilitates seamless asset transfers from Ethereum to the Massa ecosystem, supporting USDC, DAI, and WETH. With a multi-sig architecture and smart contracts audited by a leading firm, the bridge ensures the security of transferred assets. Notably, Massa's ecosystem witnesses substantial growth, processing millions of blocks, recording over 200,000 transactions across 30,000 wallets, and witnessing significant social media expansion over the past year.

Unique Technology and Automation Potential

Massa's distinctive technological features, including autonomous smart contracts and on-chain web hosting, alongside a parallel block architecture capable of processing up to 10,000 transactions per second, position the project as an ideal platform for automation across diverse domains, including DeFi, gaming and NFTs, governance, payments, and cross-chain operations.

Upcoming Developments and Decentralization Commitment

With a robust ecosystem, strategic partnerships, and a 20 million MAS grant program for developers, Massa lays a solid foundation for further development and adoption. Anticipated releases include new NFT series, marketplaces, autonomous creatures, and a DNS smart contract enabling users to purchase domain names and link on-chain websites. Committed to true decentralization, Massa boasts 2,000 permissionless nodes on the mainnet, a fair token distribution, and plans for community governance.

About Massa Foundation

Massa Foundation, a Swiss-based entity, drives the development of the Massa blockchain, a Layer 1 network distinguished by its autonomous smart contracts, on-chain web hosting, and high-throughput architecture. The project aims to furnish a genuinely decentralized and scalable platform for the development and deployment of dApps and DeFi solutions.