Mask Network is a protocol built on the Ethereum mainnet and used to send encrypted messages over such social networks as Twitter and Facebook. The protocol can be called a bridge between the Internet and a decentralized network.
Mask Network was established in July 2019 by Suji Yan. The first use case was the encryption of posts on Twitter and Facebook. The company held two big funding rounds: the first one took place in November 2020, when the network raised $2 million, and the second one happened in February 2021, when the project gathered $3 million.
The network provides the following offerings:
- Encryption of messages for a targeted audience.
- Launch of a new project on the Ethereum, Polygon, BSC, or Arbitrum networks via an initial Twitter offering (ITO), a new option to create decentralized assets fairly.
- Social trading tools. Powered by SushiSwap, Uniswap, Ox, and dHEDGE, the network allows you to see the latest prices of crypto assets on the same page via integrated widgets on Twitter and Facebook.
- NFT avatar verification. If you have a BAYC or a Punk, you can verify your profile pictures on-chain.
- Creation of your own Web3 profile. You can gather your digital activities, including NFTs, donation records, and POAPs, in one place.
- Shopping at social marketplaces. You can purchase and sell NFTs directly from Twitter and Facebook. This function is powered by NFT marketplaces, including OpenSea.
- Storage of private files on a decentralized network. You can use a next-generation Dropbox, enabled by Arweave.
- Giveaways. You can participate in giveaways and receive NFTs and tokens on a first-come-first-served basis.
- Purchase of cryptocurrencies. You can buy cryptos with fiat (credit card or bank transfer) in over 60 countries.
Also, the Mask Network has its own governance token, MASK, which you can trade against the US dollar. MSK/USD trading is provided via a CFD. Trade MASK to USD on LiteFinance.
Risk warning: Trading in FX and CFDs entails high risk of losing capital.
