Mask Network (MASK)

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Revision as of 09:51, 9 April 2021 by wiki_crypto>Zeb.dyor (→‎Basics)
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Basics

"Mask Network, a browser extension that creates an easy-to-use bridge between Web 3 technologies and Twitter and Facebook"

History

Token

Launch

"Allowed users to send encrypted messages and trade tokens directly on social media, launched what it drolly called an Initial Twitter Offering. The “ITO,” which rolled out in three rounds to accommodate investors from all timezones, sold 3% of the $MASK coins it holds in reserve. According to Suji Yan, founder of Mask Network, the ITO sold out, raising nearly $3 million."

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Compliance

Oracle Method

Their Other Projects

Governance

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Hacks

Usage

"The protocol currently has over 800,000 downloads across its product suite but only 30,000 active users."

Projects that use or built on it

"Mask Network currently partners with companies such as Arweave to send encrypted files and MakerDAO for users to send DAI via Twitter “red envelopes,” which founder Ethereum founder Vitalik Buterin took advantage of this Chinese New Year."

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].
  • Suji Yan; founder

Funding

"Announced a $2 million funding round Tuesday co-led by HashKey and Hash Global. Other participants included Alameda Research, Sino Global and personal investors including Balaji Srinivasan, who touted the network back in September."

"This strategic investment is part of Binance’s $100 million accelerator fund for developers to build blockchain projects on Binance Smart Chain and Mask Network will work closely to build the Multi-Chain Universe."

Partners

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