Mask Network is a system that enables users to exchange encrypted communications over Twitter and Facebook.
CoinMarketCap now ranks #248, with a realtime stock value of $292,211,305 USD. There are 29,130,723 MASK guns in circulation. Mask Network’s current price is $10.03 USD, with a 24-hour trading volume of $127,916,900 USD. The MASK to USD price is continuously updated.
Table of Contents
Mask Network debuted in July 2019 with the first use case allowing Facebook and Twitter users to encrypt postings on social media sites. It then secured $2 million in a fundraising round co-led by HashKey and Hash Global in November 2020, followed by a $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.
Mask Network provides the option to finance Gitcoin grant campaigns directly from Twitter, as well as ambitions to enable peer-to-peer payments and decentralized storage features.
It is a decentralized gateway that allows users to utilize decentralized applications (DApps) such as crypto transactions, decentralized finance, distributed storage, e-commerce (digital goods/NFTs), and centralized organization (DAO) on top of the latest social media without needing to transfer, leading in a decentralized Applet (DApplet) ecosystem.
The MaskDAO is a randomized independent organization (DAO) that governs the MASK governance token. Token holders can vote on important MaskDAO decisions, with each MASK reflecting one vote.
100,000,000 MASK coins were created during the inception, and the remaining quantity will be released over a three-year time duration.
Suji Yan established Mask Network, a Shanghai-based business. Yan previously established Dimension.im, a set of products aimed at advocating for social liberty as part of the cypherpunk philosophy, specifically the “Right of Encryption and Liberty of Interpretation.”
Individuals may add a layer of secrecy to their online interactions by using the Mask Network. By allowing people to access private conversations with friends, transfer and receive bitcoin, share documents, and engage with decentralized applications (DApps), all on a decentralized platform.
The next step is to make both user and programmer pleasant in order to establish a two-sided network effect. Developers create or bring new applications to Mask, and users enjoy a diverse set of Dapps. Because of great demand, more developers are being attracted. More people are attracted as the app ecosystem’s functionality improves. The flywheel keeps spinning, ultimately attracting millions of social media users to Web 3.0 via Mask Network.
For the ease of trading and exchanging processes, the availability of GTC coins ios made available on the following reliable and glitch-free exchanges; Huobi Global, OKEx, Balancer and 1inch.
Mask Network released its MASK administration coin in February 2021, with the purpose of empowering the Mask Network in its aim of growing a link across Web 2.0 and Web 3.0.
Mask Network operates on the Ethereum network, which is in the process of converting to proof-of-stake.
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact MASK’s price and market cap.
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature.
Therefore, it’s wide enough to quote that Mask Network MASK tokens have been upgraded to a new all-time high translation volume of almost $9.82 U.S Dollars per token.
In a nutshell, it is safer to say that Mask Network MASK has blessed online traders to enjoy trading luxuries globally with the provision of ease through its secure, diverse, and viable transactional policies.
Mask Network MASK Official Website –https://gitcoin.co/
Mask Network MASK Twitter –https://twitter.com/realmasknetwork
Mask Network MASK Reddit –https://reddit.com/r/MaskNetwork
Bitcoin, the pioneering cryptocurrency, has remained a focal point in the global financial landscape since…
Cryptocurrency, once a niche asset class, has evolved into a significant global financial market. Prices…
Cryptocurrencies have been the subject of intense debate and scrutiny since their inception. From the…
Ethereum, one of the leading cryptocurrencies, is facing sustained downward pressure as market dynamics shift…
Bitcoin has recently experienced a dip below its 200-day Simple Moving Average (SMA), a key…
Between June 19 and July 19, the total value locked (TVL) in decentralized finance (DeFi)…