Mask Network

What is a network of masks?

The mask network token or MASK is utility token native to the Mask network. The latter is based on blockchain. encryption tool aimed at connect Web 2.0 users to Web 3.0 this is the future of the Internet.

MASK powers the Mask Network. There are many functions hidden behind the MASK token. Some of them trade, bidAnd productivity. Only MASK owners are subject to air drops.

MASK also serves governance token. Management itself takes place in a decentralized autonomous organization (DAO) – MaskDAO. MASK owners can vote on the future development of the Mask Protocol.

Anyone can purchase MASK tokens through major supported exchanges. You can check our recommended list of exchanges in the section above.

It was launched in early 2021, which is almost 2 years after the launch of the Mask Network itself.

The maximum limit is 100,000,000 MASKS. This could mean that as Mask Network tokens become more scarce, the price of MASK will rise. MASK tokens were distributed as follows:

• 39.55% – Stock reserve;
• 23% – Team Fund;
• 14.25% – Early investors;
• 14.20% — Token round;
• 7% — public sale;
• 1% liquidity pool;
• 1% – Airdrop.

Mask Network is a crypto project, so the price of MASK tends to fluctuate. You can follow the fluctuations by looking at the chart above.

These types of charts are designed to provide you with an in-depth understanding of Mask Network price history or current MASK price trends, among other important details.

What are the main features of a mask network?

Mask Network’s focus is on privacy in the digital world.

Its main product is Mask extension is a web browser extension that encrypts messages on social media platforms. For example, it allows users to post encrypted tweets on Twitter.

At the time of writing, Mask Network supports Facebook, Twitter and Minds.com.

Other Mask Network products and services include Content Encryption Service, Twitter Initial Offerings (ITO), And social markets.

Content encryption allows users encrypt your published content on social media platforms. Additionally, this content may be restricted, meaning that only a certain group of people can access the content.

aid is a type of public offering that allows users buy tokens directly on Twitter. Please note that for this to work, your browser must have the Mask Extension installed.

social market is NFT Marketplace integrated into mask extension. Users can use it to purchase NFTs without leaving Twitter or Facebook.

Mask Network has integrated Transac which allows users to trade cryptocurrencies exclusively through the mask extension. Simply put, it is a one-click cryptocurrency buying/selling feature that can be used by residents of more than 60 countries around the world.

Transak allows users to buy cryptocurrency with fiat money via bank transfer or credit/debit card.

Apart from buying and selling cryptocurrencies, users are also given an overview of the coin or token. At the time of writing, this feature is available exclusively on Twitter and Facebook.

Some of the other features of the project include Mask Bridge, Twitter page setup, And NFT Ownership Verification.

The Mask protocol runs on the Ethereum blockchain. However, Mask Network went even further and integrated other blockchains into its ecosystem. This includes BNB Smart ChainPolygon, xDAI and Arbitrum.

Before users can start encrypting their messages, they need to create an account called a person. This account is protected by a mnemonic phrase.

Mask Network offers fun tools such as lucky drop which is essentially cryptography based gift giving tool. It allows users to send coins, tokens or even NFTs as gifts.

Mask Network is an open source project. This means that its codebase is publicly viewable by anyone.

As discussed in the “What is the Mask Network” section, 7% of MASK tokens were issued through a public sale. This is where Mask Network was able to leverage its exclusive type of public offering, the Twitter Initial Offering. ITO was used in the first stage of public sale, and Liquidity Bootstrap Pool (LBP) was used in the second stage.

Through the public sale, Mask Network managed to raise over $5,000,000.

Ethereum co-founder Vitalik Buterin used Mask Network during an exclusive Red Packet campaign in honor of the Lunar New Year.

Who developed the mask network?

The Mask Network crypto project was launched mid-2019. It is a blockchain service provider based in Illinois. The founding team consists of people with many years of experience in the Web 3.0 space.

Only a few members of the Mask Network founding team have revealed their identities, including Suji Yang. He is a technology entrepreneur who also founded Dimension, a project that fights for the “Right to Cryptography and Freedom of Interpretation.”

Mask Network has managed to form partnerships with major players in the blockchain industry such as Arweave, Binance, Coinmarketcap, Ideamarket, Maker DAO, MetaMask, Mirror, NEAR, OpenOcean, Transak and UniSwap.

These partnerships provided unique integration into the Mask Network, such as a decentralized marketplace of ideas.

In addition, the Mask Network crypto project has received support from Alameda Research, Binance, Digital Currency Group, Fundamental Labs, Hash Global, HashKey and Sino Global.

It has also received backing from individual investors including Balaji Srinivasan, Cecilia Li and Henry Wang.

Don’t forget to check the MASK price in the chart above if you are planning to purchase this token.