Mask Network Research Hub | MASK information, history and analysis
Mask Network is a portal that allows users to send cryptocurrencies, encrypted messages, posts, and even DApps (Defi, DAO, and NFT) via social networks to create an ecosystem Decentralized Applet (DApplet). The Mask Network includes storing and sharing data; exchanging encrypted content; paying transactions on decentralized exchanges, and buying and selling NFTs. This network is designed to connect Internet users from Web 2.0 to Web 3.0, allowing users to use the Internet quickly without using any API or centralized server, and ensure privacy and data security for their online behavior.
Mask Network was first launched in July 2019 and was developed by Mask Network, a Shanghai-based startup founded by Suji Yan. The Mask Network is now global in scale and can serve billions of people around the world.
MASK is a utility token in the Mask Network ecosystem, used to participate in the governance and voting processes to make decisions about the project’s future development. The MASK token is also used to incentivize developers to build dApplets, protocols, and premium features for the platform.
Currently, more than 17,000,000 MASK tokens have been issued, and the remaining tokens will be issued within the next 3 years.
On September 20, Mask Network announced the acquisition of Nametag, a decentralized identity (DID) that allows users to create personalized tags and manage their digital identities on major platforms such as Twitter, Google, and Discord.
This acquisition is expected to enhance Mask Network’s capabilities in terms of decentralized identity.
Token Spotlight: Mask Network (MASK) and breakthrough features
Mask Network helps users trade cryptocurrencies right on social media.
Mask Network has a feature similar to a cryptocurrency wallet, allowing users to buy, and sell cryptocurrencies.
Details: https://bit.ly/3OYqFM7
Mask Network (MASK) rises 25.37% after 24h, trading volume increased threefold
In the last 24 hours, MASK’s trading volume reached 70.94 million USD, triple the average volume of the past 10 days.
With this achievement, MASK is currently leading the Top Gainers and ranked 5th in the list of most traded assets on ONUS.
Mask Network price jumped 60% as crypto market bled
Binance announced it would launch the Bluebird Index perpetual contracts with up to 25x leverage. The index will comprise Binance Coin (BNB), Dogecoin (DOGE), and Mask Network (MASK).
While there hasn’t been a noticeable effect in the price of BNB or DOGE, the Mask Network price has pumped by 65% right after the announcement, leading to a high of $4.12. MASK is now trading at $5.17.