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Mask Network Price

(MASK)

$0.382
-0.52%(1h)

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Mask Network (MASK) Live Price Chart

    Mask Network Live Price Data

    Mask Network is currently trading at 0.382, with a 24-hour trading volume of --. Over the past hour, the price of Mask Network changed by -0.57%, and over the past week, its value in dropped by -5.86%. The circulating supply of Mask Network is 100,000,000 MASK, with a market cap of 0 , down -0.57% in the last 24 hours. Mask Network is ranked #481 by market cap.

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    Note: This data is for reference only.
    pk

    MASK(MASK) Profile

    altRank481
    rateBB
    Expand
    $0.3817
    $0.3898

    ATH
    $97.91962343
    Price Change (1h)
    -0.52%
    Price Change (24h)
    -0.57%
    Price Change (7d)
    -5.86%
    Market Cap
    24h Volume
    Circulating Supply
    100,000,000
    Max Supply
    100,000,000

    About Mask Network

    • What is Mask Network (MASK)?

      The Mask Network protocol functions as a bridge for Web 2.0 users to enjoy the benefits of Web 3.0. Users can create personas with the help of the Mask extension to enjoy secure, decentralized, and social messaging on traditional social networks such as Facebook and Twitter.

      In addition to its uses for decentralizing and securing communication over social media, the Mask Network also offers decentralized file storage services powered by Arweave Network. The service lets users permanently upload and store content in the decentralized infrastructure without worrying about censorship and is powered by the complete transparency and immutability of blockchain technology.

      Mask Network brings the best of the crypto market and the Web 3.0 world to leading Web 2.0 platforms. Users can use the Mask extension service for sending encrypted messages to contacts on supported social networks, integrate widgets to social media platforms to access accurate price data of crypto assets, create their Web3 profiles, verify their NFT avatars on-chain and use them as their profile pictures, and more.

      $MASK is the native crypto asset that powers the Mask Network ecosystem. It serves as the governance token for the MaskDAO, the Mask Network’s decentralized autonomous organization (DAO). $MASK holders can vote on key proposals deciding the project’s future evolution.

    • How Does Mask Network Work?

      Mask Network is a free, open-source, blockchain-based decentralized web solution developed by Dimension. It offers the following services to users:

      Send Encrypted Messages on Web 2.0 Social Networks

      Users can send encrypted messages meant only for their target audience over supported social media sites through the Mask extension. As of November 2022, the service supports Facebook, Twitter, and Minds.com.

      Launch New Crypto Projects Via ITO

      Mask Network lets users launch their new crypto projects and digital assets via an initial Twitter offering (ITO). Currently, this service can be used to launch new projects on Ethereum, Polygon, BNB Smart Chain, and Aribtrum networks.

      Social Trading

      The platform provides widgets that can be integrated into social networks to view the real-time price of crypto assets without switching browser tabs. This feature of Mask Network is powered by Uniswap, SushiSwap, Oz, and dHEDGE.

      Verify NFT Avatars

      Users can verify and use NFTs they own as profile pictures on their social media profiles. The Mask Network supports free and easy on-chain verification of NFT images.

      Create Web3 Profiles

      The Mask Network offers a one-stop source to manage all Web3 activity in a single location. Users can create their Web3 profiles and gain oversight into all their activities across dApps and decentralized services, including NFTs, POAPs, donation records, and more.

      Trade NFTs on Marketplaces

      Powered by OpenSea and other NFT marketplaces, users can buy and sell NFTs directly from their social media profiles through the Mask extension. In this manner, the Mask Network connects Web2 social media services to decentralized Web3 services like NFTs and marketplaces.

      Decentralized File Storage

      Mask Network also offers cloud-based file storage using a decentralized network infrastructure powered by Arweave. Users can store their files online permanently in a censorship-resistant manner.

      Users can install Mask Network as a browser extension or mobile app. Create their Mask IDs and connect their digital wallets to the service. They can then use the Mask ID or their Mask Network accounts to interact with Web 2.0 websites and integrate them with popular Web3 services.

    • History of Mask Network and MASK Token

      The Mask Network protocol was founded by Suji Yan in 2019 as Maskbook and later underwent a rebranding. The Mask extension was developed to let social media users enjoy the benefits of blockchain-powered decentralized services over their accounts, including sending encrypted messages, transferring cryptocurrencies, and interacting with decentralized applications (dApps).

      The protocol launched its governance token MASK in February 2021. $MASK allows for decentralized governance of the Mask Network by the MaskDAO. Token holders enjoy voting rights, with each MASK token representing one vote.

      Mask Network runs on the Ethereum blockchain. The MASK crypto is designed as an ERC-20 token issued on the Ethereum network and a BEP-2 token on the BNB Smart Chain.

      According to its roadmap for 2022, key focus areas for the developers of the Mask Network include building a solid ecosystem to drive mass adoption of its services, offering multi-chain integration and supporting more blockchain networks, integrating with Instagram, developing social graph functionalities, improving the decentralized governance mechanism, and more.

    FAQ

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