Popular AI project Masa Network has announced Bittensor, its incentivized testnet. A big reward awaits miners for Bittensor testnet tasks. A total of 3 Million Masa Tokens will be distributed.

ENTRANCE

Masa is the World's Largest Decentralized Personal Data Network, bringing the power of data back to users. Desk enables users to own, share and monetize their data. 

Masa is excited to announce the launch of the Masa Bittensor Subnet Incentivized Testnet in partnership with CoinList. This initiative invites all miners to participate, providing data and computational resources to earn their share of the 3,000,000 MASA token reward pool.

Masa announced the launch of the Masa AI Data Subnet on Bittensor. This announcement marks the coming together of two leading forces in decentralized AI. Bittensor's global brain is about to get even smarter with the arrival of Masa's global data network, heralding the next generation of AI.

How Does Incentivized Testing Network Work?

Miners will provide data and computational resources to the Masa Bittensor Subnet. The top 256 miners performing at any given time will earn rewards based on their contributions. Performance is based on the amount of data, data quality, and computational processing power that miners provide to the network. All rewards are calculated programmatically for the entire duration of the testnet campaign.

Masa Bittensor Incentive Testing Network Invites You to:

  • Testing and Optimizing: Meticulously test and optimize the capacity, durability, and performance of the Masa Bittensor Subnet.

  • Lay the Foundation: Prepare for a successful mainnet launch.

  • Win Prizes: Win your share of the prize pool of 3,000,000 MASA tokens.

Open Participation and Awards

Open Participation: Anyone can join the Incentive Testnet.

Performance-Based Rewards: The top 256 miners performing at any given time will win a share of the 3,000,000 MASA reward pool. All rewards are performance-based and calculated programmatically.

Hardware Requirements: Participants need devices with 2 vCPUs, 8GB RAM, 10GB storage, open ports 4001 (TCP/UDP) and 8080 (TCP). KYC is not required.

Reward Distribution: Final rewards will be posted on a public Dune Board on August 7, 2024. Rewards will be transferred to a validator and distributed during the launch of the Masa Protocol mainnet in Q4 2024.

The Masa Bittensor Incentive Testnet will run from July 9 to July 23, 2024 and the key milestones are:

  • July 9, 2024: Registration opens, testnet launches, and miners start earning rewards.

  • July 23, 2024: Testnet ends.

  • August 7, 2024: The final rewards will be posted on the public Dune Dashboard.

  • Q4 2024: Rewards will be transferred to a validator and distributed at the launch of the Masa Protocol mainnet in Q4 2024

How to get started

We invite all miners to join the Masa Bittensor Subnet Incentive #testnet today. Getting started is easy and we invite everyone to be part of the future of decentralized AI.

About MASA Token

MASA is the utility token that powers Masa's decentralized AI ecosystem. It is earned by contributing data, computation and verification to the network. The main uses of MASA are:

  • Staking Rewards: Validators, Miners, and Oracle Nodes stake the MASA to participate.

  • Emissions: MASA is distributed to participants based on the value they add to the grid.

  • Fees: Oracle Nodes pay MASA, stablecoins or other tokens for consuming data and LLM services. Non-MASA fees are transferred to MASA tokens by burning a portion of them.

  • Governance: MASA owners can deposit or transfer stock to participate in management by voting on proposals such as technical upgrades and fee structures.

How long does Incentive Testnet last?

Masa Bittensor Incentive Testnet will run from July 9 to July 23, 2024

How can I join the Incentive Testnet?

Start mining today to earn rewards: https://developers.masa.ai/docs/masa-subnet/incentivized-testnet-event/intro

Masa testnet Where can I buy TAO?

The answer is the tap feature outlined in the dev documentation > https://developers.masa.ai/docs/masa-subnet/incentivized-testnet-event/intro

What are the Hardware Requirements to join the Incentivized Testnet?
Hardware Requirements : 2 vCPU, 8GB RAM, 10GB storage, open ports 4001 (TCP/UDP) and 8091 (TCP); No KYC required

Will I win MASA & TAO rewards?

For the incentivized testnet, participants will earn MASA rewards from a prize pool of only 3,000,000 MASA tokens. All participants will be set up and ready to mine on the mainnet to earn dual MASA-TAO rewards once the mainnet goes live.

How are rewards calculated?

The 256 top performing miners at a given time will win a share of the 3,000,000 MASA token reward pool. The higher your performance, the more rewards you earn. Performance is based on the amount of data, data quality, and processing power miners provide to the network. All rewards are calculated programmatically for the entire duration of the testnet campaign.

How and when will the rewards be distributed?

Rewards will be transferred to a validator and distributed at the launch of the Masa Protocol mainnet, targeted for the fourth quarter of 2024.

How can I report bugs or issues during the Incentive Testnet?

All contributors can report bugs and issues to our Github here: https://github.com/masa-finance/masa-bittensor/issues

Do you have a community and/or support channel for incentivized Testnet participants?

Join our Masa Bittensor Subnet Discord channel to connect with the community and get support. Join our Discord server here: https://discord.com/invite/HyHGaKhaKs and join the private testnet community at #node-bt.

Will recent events surrounding the Bittensor mainnet affect my participation or rewards?

No. Masa testnet is a separate dev-net available only to testnet participants.

Are my rewards SAFU?

Yes, your rewards will be distributed on the unaffected #Ethereum✅ chain.

About Desk Bittensor Subnet

Masa is a decentralized network for Fair AI where people earn money by contributing data. AI developers are empowered to build anything, anywhere, with the world's data. Desk is powered by Digital Currency Group, Anagram, Animoca and incubated by #BinanceHerYerde and Hashkey. Masa was the first AI project to debut with a viral 17-minute sale at the CoinList Token Sale in 2024.

Bittensor is a decentralized, peer-to-peer AI network designed for building, sharing, distributing and training machine learning models. With its advanced TAO economic model that encourages decentralized production of high-value AI, Bittensor has become a force to be reckoned with. Since its launch in March 2023, Bittensor has become one of the first $10 billion AI ecosystems. There are currently $TAO with a total of 5.7 million shares, valued at $1.48 billion.

Data is the new currency of the AI ​​economy. With many proprietary and open source options, general purpose LLMs are consolidating, becoming commoditized, and in a race to the bottom. The most valuable AI applications will be the most specialized ones, leveraging real-time data for up-to-the-minute context and subject matter expertise. Specialized AI applications require large amounts of specialized AI training data that is constantly updated.

Masa Bittensor Subnet is critical for AI development, such as X (Twitter), Discord, colloquial speech (e.g. podcasts, YouTube, TikTok), closed web data (e.g. New York Times), and public web data (e.g. Google Search). It provides real-time and static, structured, annotated and vectorized data from a variety of data sources.

Real-time data can be used to create robust datasets or provide up-to-date context to LLMs by using it directly in system prompts. Static datasets are constantly updated and stored by subnet workers for further processing into vectors to support Retrieval Augmented Generation (RAG) in AI agents. These datasets are processed and annotated using agent pipelines that use fine-tuned LLMs trained on JSON and other formats to deliver high-quality outputs from variable data inputs.

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