What Is Mask Network (MASK)?

As Web 2.0 platforms usage begins to decline steadily o the incessant migration of internet users towards Web 3.0 platforms, one must wonder how to merge these platforms to sustain equal usage. Since Web 3.0 platforms depend on the blockchain, a decentralized platform while Web 2.0 uses centralized together, a connecting bridge that utilizes both technologies is needed to link these two internet platforms—Mask Network is that connecting bridge.

Mask Network is a platform that allows users to send and receive encrypted messages, cryptocurrencies, NFTs, and any decentralized application via preexisting social media networks without having to navigate from one page to the next.

Mask Network was designed to bridge Web 2.0 and web 3.0 to empower the general public to simultaneously use these two web platforms without using any API, centralized application, or migrating amidst 2 or more apps. The bridge, a decentralized Applet (DApplet) ecosystem uses cryptographic and Web 3.0 technologies to function properly by utilizing the blockchain storage system, P2P network, and the blockchain security protocol.

Currently, the Mask network works mainly with Twitter and Facebook, allowing users to send tweets and make Facebook posts without actually using the centralized network of these platforms. Also, the platform has maintained its UI consistency with platforms to reduce onboarding costs.

The main function Mask Network provides can only be observed behind the scenes where encryption, transmission, and interpretation of information take place. Information transmitted may include texts, pictures, cryptocurrency, decentralized data, and even smart contracts.

Every user can generate an infinite number of personas and avatars and each generated persona represents one secp256k1 key pair. Users can copy and paste their public keys onto their social media bio or profiles or make a post containing their public key so other users can retrieve and create a pubkey-username mapping in their Mask Networks database.

Through this pubkey, message encryption takes place. Each post is secured by an AES256 key in GCM mode so only one unique cipher list can be released onto their social network. This AES key is then encrypted through other technologies with the post private keys and the recipient public keys, synced simultaneously through the GunDB nodes.

The development team is currently working to create other Mask-related tools like Mask Finance that will help change the way you manage your money and Mask E-commerce that will help build an e-commerce ecosystem inside social networks.

MASK is the official native token of MaskDAO, the owner of the Mask ecosystem. MASK holders can possess ownership of the Mask Ecosystem through the DAO. The native token served as a reward system to facilitate the governance process amongst delegates where each MASK token represents one vote.

 

Who Are the Founders of Mask Network?

Suji Yan is the founder and the Chief Executive Officer of Mask Network. Before being the founder, he had founded other startups like Dimension.im, a compilation of digital products that advocate for social liberty.

 

What is Mask Network (MASK) used for?

Trading

Users can trade and view the trading widgets that allow them to view their cryptocurrency and socks immediately. They can also invest in the best-performing tokens and transact between Mask Network users.

Send messages

Users can send encrypted messages on the mask Network and still guarantee the highest form of security and secrecy.

NFTs

Users can mint and transact NFTs amongst used on the Mask Network.

 

What Makes Mask Network Unique?

Mask Network is more than a message-encryption tool, it is Soo much more. It’s a unique feature is the development team has consistently released new features and add-ons that will make the usage of Mask Network easier.

One of these tools is the Holoflows-kit that allows interaction seamlessly with a fewer chance of being banned, suspended, or restricted. Also, the network has an integrated wallet that allows for the transaction and storage of tickets securely.

A special applet, Ethereum Red Packet allows users to wrap any token into an Ethereum smart contract. The red packet can also be posted in a Twitters tweet or Facebook post and can be accessed by millions of users on the Mask Network in just one click.

Another is the Gitcoin grant funding that allows the network to detect the posted Gitcoin URL and allow users to fund directly with just a click.

The best unique feature of Mask Network is the detection technology that activates at the sign the dollar sign. Hovering your pointer or mouse over it allows users to see the market trending, exchanges that have the corresponding token, and even a Uniswap interface where one can directly trade with this token if it is on Ethereum.

 

How Many Mask Network (MASK) Coins Are There in Circulation?

Initially, there were 100,000,000 MASK tokens were created, and the rest will be unlocked throughout three years. However, 7% of the total supply goes to the community, 39.55% goes to the reserve, 14.25% goes to the early investors and 23% goes to the team. Mask Network has a circulating supply of 29,130,723 MASK.

 

How Is Mask Network Secured?

Mask Network runs on the Ethereum network and uses the highest form of security protocol to secure its users’ data.

 

How do I buy Mask Network (MASK)?

Mask Network is a new DeFi platform that aims at bridging the Gap between Web 2 and Web 3 platforms through its DApplet ecosystem that utilizes blockchain technology. It offers loads of benefits like normal Web 2 activities which involve chatting and sending gifs, videos, and messages, and Web 3 activities like trading, NFTs, Tokenization, governance, and staking. MASK tokens can be easily purchased by the following steps. 

* Open an account with the crypto trading platform.

* Transfer the specific amount of your fiat currency to your account.

* Wait for your deposit to be confirmed and Buy MASK through your trading account.

 

Which Cryptocurrency Wallet Supports Mask Network (MASK)?

The PTPWallet platform supports many cryptocurrencies simultaneously such as Mask (MASK). Because of its vast use case, it has grown to become one of the most used platforms as it serves as an exchange and an engine to discover other cryptocurrencies. Additionally, users can easily use PTPWallet as their MASK wallet because it offers a simple and interactive interface making it easy for people to navigate its system.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on whatsapp
WhatsApp
Share on telegram
Telegram
Share on reddit
Reddit

More to explore

dForce

What Is dForce (DF)?

Deployed on Ethereum, Arbitrum, Optimism, Polygon, Binance Smart Chain (BSC), dForce is a multi-chain platform built for the development of integrated open

Barnbridge

What is Barnbridge (BOND) Token?

Simply put, BarnBridge is a risk tokenizing protocol founded in 2019. It is a cross-platform management protocol used to mitigate the risks

COCOS

What is Cocos-BCX (COCOS)?

Cocos-BCX is a blockchain game development platform that aims to bridge more creators into the crypto world through incubation, investment, distribution, and

Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time. 


Get on the VIP list!

Get company and PTPWallet updates and news sent straight to your inbox. No spam. Unsubscribe at any time.