Mask Network is a protocol that allows its users to send encrypted messages over Twitter and Facebook. It essentially acts as a bridge between the internet and a decentralized network running on top.

Mask Network was initially launched in July 2019, with its first use case of allowing Facebook and Twitter users to encrypt posts on the social media platforms. It then raised $2 million in a funding round in November 2020, co-led by HashKey and Hash Global, and a further $3 million funding round in February 2021 with participation from Digital Currency Group and Fundamental Labs.

Now, Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.

Mask Network is a startup founded by Suji Yan. Prior to founding Mask Network, Yan had founded Dimension.im, which is a series of products meant to advocate for social liberty along the cypherpunk movement, specifically “Right of Cryptography and Freedom of Interpretation.”

The Mask Network allows users to add a level of privacy to their online interactions. By letting users send encrypted messages to friends, send and receive cryptocurrency and share files, and interact with DApps, all on a decentralized level.

In February 2021, Mask Network launched their MASK governance token, which aims to help the Mask Network in its aim to build a bridge between Web 2.0 and Web 3.0.

The MASK governance token is governed by a decentralized autonomous organization (DAO) called the MaskDAO. Token holders can vote on key decisions for the MaskDAO, where each one MASK represents one vote. At the genesis, 100,000,000 MASK tokens were created, and the rest of the supply will be unlocked over a three-year period.

7% of the MASK supply goes to a “Community Public Offering,” while another portion of the tokens will go to the reserve (39.55%), early investors (14.25%) and the team (23%).

Mask Network runs on the Ethereum network, which has transitioned to proof-of-stake during the Merge.

You can buy Mask Network (MASK) on some top ranked exchanges including Huobi Global, OKEx, Balancer and 1inch.

For more information on turning your fiat currencies into cryptocurrency, check out CMC’s guide here.

The all-time high of MASK was 97.92 USD on 2021-02-24, from which the coin is now down 96.32352941176471%. The all-time high price of Mask Network (MASK) is 97.92. The current price of MASK is down 96.32352941176471% from its all-time high.

As of , there is currently 100.00M MASK in circulation. MASK has a maximum supply of 100.00M.

The current market cap of MASK is 360.13M. It is calculated by multiplying the current supply of MASK by its real-time market price of 3.60.

The all-time low of MASK was 0.97524081 , from which the coin is now up 269.13959742927494%. The all-time low price of Mask Network (MASK) is 0.97524081. The current price of MASK is up 269.13959742927494% from its all-time low.

Mask Network (MASK) has a market capitalization of $360.13M and is ranked #195 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Mask Network (MASK) price trends and patterns to find the best time to purchase MASK.