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Mask Network

MASK

Price
$3.15
11/29/2022, 3:37:21 PM
diamondHands

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Market

Market stats

Market cap

$215.5M

Volume (24h)

$153.0M

Circulating supply

68.2M MASK

Typical hold time

6 days

Trading activity

Not enough data

Popularity

#69

All time high

$97.92

Price change (1h)

-0.32%

Price change (24h)

+12.95%

Price change (7d)

+17.91%

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Mask Network is on the rise this week.

The price of Mask Network has risen by 17.91% in the past 7 days. The price increased by 12.95% in the last 24 hours. In just the past hour, the price shrunk by 0.32%. The current price is $3.145 per MASK. Mask Network is 96.79% below the all time high of $97.92.

The current circulating supply is 68,200,000 MASK.

About

Mask Network enables users of popular social media platforms to send cryptocurrency, interact with decentralized applications, and share encrypted content. MASK token holders can vote on ecosystem initiatives via a decentralized autonomous organization called MaskDAO.

Resources

What Is Mask Network (MASK)?

Mask Network is a gateway that allows users to access the world of decentralized web or Web 3.0 through the Mask Network extension. Mask Network, rather than developing a new platform, bridges Web 2.0 and Web 3.0, allowing people to access Web 3.0 within existing mainstream platforms. Web 2.0, in simple words, is what the general public believes to be the "internet." Web 3.0 is about reclaiming decentralized control of user data and building a censorship-resistant, open internet driven by new technology like the blockchain

The problem that Mask Network is aiming to solve is the present internet is dominated by technology firms, which influence how users interact with the online world, including what they publish, what they see, and whom they contact. Since today's Web 2.0 platforms can make content vanish if it does not adhere to companies’ rules, users typically do not have complete ownership of the content they upload.Besides this, the platform believes that many issues have surfaced on social media. Users can rarely make cross-border payments, have no storage space for long-term files, and have no genuinely secure encryption. The social media platforms benefit from users' data and labor, and users have little leverage to stop them.

Mask Network seeks to solve the above-mentioned persisting issues with the Mask Network extension. As mentioned on the website, users can install the Mask Network extension, log in with their Mask IDs, and connect their wallets. This way, users can use familiar Web 2.0 sites with Web 3.0 integrations. The Mask Network extension supports blockchains like Ethereum, Binance Smart Chain (BSC), Polygon, etc. Mask Network is also compliant with various social media sites like Twitter and Facebook. Users can do various things with the Mask Network extension:

  • Users can keep their content hidden from prying eyes and only show it to their intended audience.

  • Users can send encrypted messages.

  • Thanks to integrated widgets on social media sites, users can see the current prices of crypto assets without leaving the page—platforms like Uniswap, SushiSwap, etc. power this feature.

  • Users can create their own Web 3.0 profile and keep track of all of their digital activities in one location, including NFTs (non-fungible tokens), donation data, etc. Users can choose whether or not they want to keep things on their profile anonymous.

  • Users can trade NFTs directly from social media platforms. OpenSea, an NFT marketplace, powers this feature.

  • Users can store their files on a decentralized network.

The native utility token of Mask Network is MASK. MASK is also a governance token for MaskDAO, the Mask ecosystem's governing decentralized autonomous organization (DAO). Each MASK token represents one vote in DAO-related activities. Apart from this, Mask Network seeks to launch the Mask Grant Program to provide financial assistance to initiatives that can contribute to or integrate into the Mask Network crypto ecosystem.

History of Mask Network (MASK)

Suji Yan founded the Mask Network, and he is also the CEO of the platform. Suji Yan is currently a mentor of RadicalxChange Fellowship and has co-authored articles with RadicalxChange. His work has been covered by South China Morning Post, Wired, the New York Times, the Wall Street Journal, etc. He is currently concentrating on open source, privacy protection, and encryption.

How Are MASK Tokens Created & Earned?

Mask Network launched MASK tokens through an initial Twitter offering (ITO). An ITO is a decentralized asset offering mechanism that allows Twitter users to participate in token launches directly. ITO functionality is offered on the Ethereum, Binance Smart Chain, and Polygon blockchain networks. Users can take part in a token launch directly on Twitter. The platform states ITO announcements of MASK tokens are made on their Twitter handle, blogs, and other social media channels. 

Moreover, users can earn MASK tokens by being liquidity providers on the QuickSwapliquidity pool. Users can also stakeQUICK tokens to earn MASK tokens.

How Many MASK Tokens Are There?

The maximum total supply of MASK tokens is 100,000,000.

How to Purchase MASK Tokens

The MASK token is available on several decentralized exchanges and centralized exchanges, like Coinbase.

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FAQ

What is the current price of Mask Network?

The price of 1 Mask Network currently costs $3.15.

What is the market cap of Mask Network?

The current market cap of Mask Network is $215.51M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Mask Network?

The all-time high of Mask Network is $97.92. This all-time high is highest price paid for Mask Network since it was launched.

What is the 24 hour trading volume of Mask Network?

Over the last 24 hours, the trading volume of Mask Network is $153.01M.

What other assets are similar to Mask Network?

Assets that have a similar market cap to Mask Network include TerraClassicUSD, Terra, Polymath, and many others. To see a full list, see our comparable market cap assets.

How many Mask Network are there?

The current circulating supply of Mask Network is 68 million.

What is the typical holding time of Mask Network?

The median time that Coinbase customers hold Mask Network before selling it or sending it to another account or address is 6 days.

What is the relative popularity of Mask Network?

Mask Network ranks 134 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Mask Network?

Currently, 51% of Coinbase users are buying Mask Network. In other words, 51% of Coinbase customers have increased their net position in Mask Network over the past 24 hours through trading.