Mask Network: A Decentralized Application that Brings Web 3.0 to Web 2.0 Users

RediksiaTuesday, 2 January 2024 | 13:51 GMT+0000
Mask Network: A Decentralized Application that Brings Web 3.0 to Web 2.0 Users
Mask Network: A Decentralized Application that Brings Web 3.0 to Web 2.0 Users

DIKSIA.COM - The internet has evolved from Web 1.0, where users could only consume static content, to Web 2.0, where users can create and share dynamic content on platforms. However, Web 2.0 also has its limitations, such as censorship, privacy issues, data monopolization, and lack of interoperability. That is why is emerging as the next generation of the internet, where users can access decentralized, open, and secure content and applications powered by and .

However, is still not widely adopted by the mainstream users, who are mostly accustomed to using Web 2.0 platforms. How can we bridge the gap between Web 2.0 and Web 3.0, and make Web 3.0 more accessible and user-friendly? That is where comes in. is a that allows users to access Web 3.0 content on Web 2.0 platforms, such as Facebook and Twitter, without leaving their familiar interfaces. Network also enables users to interact with Web 3.0 applications, such as decentralized exchanges, NFT marketplaces, and DAOs, directly on platforms.

Mask Network Introduction

Name Network
Name Mask Network
Symbol MASK
Type ERC-20
Network Ethereum
Launch Date February 24, 2021
Total Supply 100,000,000 MASK
Circulating Supply 82,000,000 MASK
Consensus Mechanism Proof-of-Stake
Total Supply 100 million MASK
Current Price $3.61 USD
Market Cap $296,536,967 USD
Trading Volume $162,883,698 USD

What is Mask Network?

Mask Network is a that bridges Web 2.0 and Web 3.0, allowing users to access Web 3.0 content on Web 2.0 platforms, such as Facebook and Twitter, without leaving their familiar interfaces. Mask Network also enables users to interact with Web 3.0 applications, such as decentralized exchanges, NFT marketplaces, and DAOs, directly on social media platforms.

Mask Network is powered by a browser extension that can be installed on Chrome, Firefox, and Brave. The browser extension injects a widget into the social media posts, which can display Web 3.0 content, such as encrypted messages, prices, NFTs, and DeFi protocols. Users can also use the widget to send and receive cryptocurrencies, trade tokens, mint and collect NFTs, participate in DAOs, and more.

Mask Network aims to create a more open, decentralized, and secure internet, where users can enjoy the benefits of Web 3.0 without compromising their privacy, data, and freedom. Mask Network also aims to foster a more inclusive, diverse, and creative community, where users can express themselves and collaborate with others across different platforms and protocols.

Who Are the Founders of Mask Network?

Mask Network was founded by Suji Yan and Yisi Liu in 2018. Suji Yan is the CEO and co-founder of Mask Network, as well as the co-founder and chairman of Dimension, a -based decentralized protocol that provides secure and private communication services. Suji Yan is also a serial entrepreneur, hacker, and investor, who has founded several companies and projects in the fields of cybersecurity, artificial intelligence, and blockchain. Suji Yan holds a master's degree in computer science from Shanghai Jiao Tong University.

Yisi Liu is the CTO and co-founder of Mask Network, as well as the co-founder and CTO of Dimension. Yisi Liu is also a hacker, developer, and researcher, who has contributed to several open-source projects and communities, such as IPFS, Ethereum, and Polkadot. Yisi Liu holds a bachelor's degree in computer science from Shanghai Jiao Tong University.

Why is Mask Network Important?

Mask Network: A Portal to the New, Open Internet
Mask Network: A Portal to the New, Open Internet

Mask Network is important because it provides a solution to the challenges and limitations of Web 2.0, such as censorship, privacy issues, data monopolization, and lack of interoperability. By allowing users to access Web 3.0 content on Web 2.0 platforms, Mask Network enables users to enjoy the best of both worlds, without sacrificing their convenience, familiarity, and user experience.

Mask Network is also important because it promotes the adoption and innovation of Web 3.0, by making it more accessible and user-friendly to the mainstream users. By enabling users to interact with Web 3.0 applications directly on social media platforms, Mask Network lowers the barriers to entry and increases the exposure and awareness of Web 3.0. Mask Network also encourages users to explore and discover new possibilities and opportunities in the Web 3.0 ecosystem, such as decentralized finance, non-fungible tokens, and decentralized autonomous organizations.

What Makes Mask Network Unique?

Mask Network is unique because it is the first decentralized application that bridges Web 2.0 and Web 3.0, allowing users to access Web 3.0 content on Web 2.0 platforms, such as Facebook and Twitter, without leaving their familiar interfaces. Mask Network is also unique because it enables users to interact with Web 3.0 applications, such as decentralized exchanges, NFT marketplaces, and DAOs, directly on social media platforms.

Mask Network is also unique because it leverages a browser extension as the main interface, which can be installed on Chrome, Firefox, and Brave. The browser extension injects a widget into the social media posts, which can display Web 3.0 content, such as encrypted messages, cryptocurrency prices, NFTs, and DeFi protocols. Users can also use the widget to send and receive cryptocurrencies, trade tokens, mint and collect NFTs, participate in DAOs, and more.

Mask Network is also unique because it uses a hybrid encryption scheme, which combines symmetric-key encryption and public-key encryption, to ensure the security and privacy of the users' data and communication. Mask Network also uses a peer-to-peer network, which is based on the GunDB protocol, to store and distribute the encrypted data, without relying on any centralized servers or intermediaries.

What are the Key Features of Mask Network?

Mask Network has several key features that make it a powerful and versatile protocol for Web 3.0 applications. Some of these features are:

  • Maskbook: Maskbook is the core product of Mask Network, which is a browser extension that allows users to encrypt and decrypt their posts and messages on social media platforms, using public-key cryptography. Maskbook also allows users to access various Web 3.0 applications, such as decentralized exchanges, NFT marketplaces, and DAOs, on social media platforms, by embedding widgets into their posts and messages. For example, users can trade cryptocurrencies, buy and sell NFTs, or participate in DAO governance, directly on Twitter or Facebook, using Maskbook.
  • MASK Token: MASK is the native utility and governance token of Mask Network, which is used for various purposes, such as paying fees, accessing premium features, rewarding contributors, and voting on protocol decisions. MASK is an ERC-20 token that runs on the Ethereum network, and has a fixed total supply of 100 million tokens. MASK was launched in February 2021, through an initial DEX offering (IDO) on Uniswap, a decentralized exchange. MASK is also listed on several other exchanges, such as Binance, Huobi, and OKEx.
  • MaskDAO: MaskDAO is the decentralized autonomous organization that governs Mask Network, which is composed of MASK token holders and community members. MaskDAO is responsible for making decisions on the development, operation, and future direction of Mask Network, through a transparent and democratic process. MaskDAO uses a combination of off-chain and on-chain governance mechanisms, such as forums, polls, and smart contracts, to facilitate the participation and coordination of the Mask Network community.
  • Mask Wallet: Mask Wallet is a feature of Mask Network, which allows users to manage their cryptocurrencies and tokens on social media platforms, such as Facebook and Twitter. Users can use Mask Wallet to create and import wallets, view balances and transactions, send and receive payments, and swap tokens. Mask Wallet also supports various Web 3.0 applications, such as decentralized exchanges, NFT marketplaces, and DAOs, which can be accessed and interacted with directly on social media platforms.
  • Mask NFT: Mask NFT is a feature of Mask Network, which allows users to create, collect, and trade non-fungible tokens (NFTs) on social media platforms, such as Facebook and Twitter. Users can use Mask NFT to mint and display NFTs, such as digital art, music, videos, and memes, on social media platforms, without any fees or intermediaries. Users can also use Mask NFT to buy and sell NFTs, using various cryptocurrencies and tokens, such as Bitcoin, Ethereum, and MASK, on social media platforms. Mask NFT also supports various Web 3.0 platforms, such as OpenSea, Rarible, and SuperRare, which can be accessed and interacted with directly on social media platforms.

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