Difference between revisions of "Mask Network (MASK)"

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===Pros===
===Pros===
===Cons===
===Cons===
* Had investment from bankrupt [[FTX (FTT)|Alameda Research]]/FTX. This could mean fall-out risk. [https://docs.google.com/spreadsheets/d/1xoYqw-5EjQIiunX75UzozzMPOspm0KwFzgA-SKBcvyo/edit#gid=0 Turned out] (8-12-2022) to have sold $50k worth of tokens to [[Alameda]].
==Team, Funding, Partnerships, etc.==
==Team, Funding, Partnerships, etc.==
===Team===
===Team===
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===Funding===
===Funding===


* [https://www.coindesk.com/mask-network-twitter-encrypted-messages-hashkey-funding-round From] [[CoinDesk]] (17-11-2020):
* [[AltLayer (ALT)|AltLayer]]; part of the [https://twitter.com/alt_layer/status/1759539340164706520 second round] in 2 months of $14.4M (19-2-2024).
*[[INTMAX]]; part of their $5M seed round (13-3-2023).
*Made a '[https://t.me/toncoin/863 strategic investment]' in [[The Open Network (TON)|TON]] (17-5-2023)
*Mask Network has [https://masknetwork.medium.com/mask-network-has-received-the-strategic-investment-from-binance-building-a-web-3-0-661190311753 received] investment from [[Binance]] (1-4-2021);


''"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 [https://twitter.com/balajis/status/1310118775992197121 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."''


* Mask Network has [https://masknetwork.medium.com/mask-network-has-received-the-strategic-investment-from-binance-building-a-web-3-0-661190311753 received] investment from [[Binance]] (1-4-2021);
*[https://www.coindesk.com/mask-network-twitter-encrypted-messages-hashkey-funding-round From] [[CoinDesk]] (17-11-2020):


''"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."''
''"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 [https://twitter.com/balajis/status/1310118775992197121 September]."''


===Partners===
===Partners===

Latest revision as of 04:45, 25 March 2024

Mask Network provides a simple interface for using various Web3 apps, allowing users to swap assets using Uniswap and SushiSwap—all without leaving Twitter.

Basics

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

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

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

How it works

Fees

Upgrades

Staking

Liquidity Mining

Scaling

Interoperability

Other Details

Privacy Method

Oracle Method

Their Other Projects

  • It also enables users to display non-fungible tokens (NFTs) on their social media profiles and make bids on marketplaces such as OpenSea or Rarible.

Roadmap

  • Can be found [Insert link here].

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

"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."

"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."

Partners

(:

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