MASK
$0.49

Mask Network (MASK) Price

$0.49
1m
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Mask Network (MASK) Price Today

The live price of Mask Network is 0.49 USD. In the past 24 hours, the trading volume of Mask Network was 17,790,248.97 USD, down by -6.01%. The current price has decreased by -22.19% from its 7-day high of 41.45 USD, and increased by 0.49% from its 7-day low of 0.49 USD. With a circulating supply of 100,000,000.00 Mask Network, the market cap of Mask Network is currently 124,445,038.00 USD, down by 0% in the last 24 hours. Mask Network currently ranks #457 by market capitalization among cryptocurrencies.

Mask Network (MASK) Market Data

Market Cap
$51.4M
24h Volume
$17.7M
Circulating Supply
100M MASK
Maximum Supply
100M MASK
Fully Diluted Market Cap
$51.4M
Liquidity Indicator
34.56%
About
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FAQ

About Mask Network (MASK)

How can I buy Mask Network (MASK)?

Buying Mask Network (MASK) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Mask Network (MASK) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy MASK Guide for more information.

What Is Mask Network (MASK) and How Does It Work?



Mask Network is a Web3 protocol that lets you access decentralized apps, crypto features, and encrypted communication directly on traditional social media platforms like X (Twitter), Facebook, and Instagram. Instead of replacing Web2 platforms, Mask Network works as a browser extension that overlays Web3 functionality on top of existing websites. This allows users to interact with crypto tools without leaving the social apps they already use.

Mask Network enables features such as encrypted posts and messages, on-chain identity management, token transfers, NFTs, and access to DeFi and DAO tools within social feeds. For example, you can publish a tweet that only selected wallet addresses can read, tip crypto directly in a post, or interact with decentralized applications embedded inside the platform interface. All sensitive data is protected using end-to-end encryption and blockchain-based identity verification.

The MASK token powers the ecosystem by supporting governance, premium features, and incentives across the network. Token holders can participate in DAO governance, vote on protocol upgrades, and support the expansion of Web3 social applications. By combining privacy, decentralization, and social networking, Mask Network acts as a bridge between Web2 social media and the broader Web3 ecosystem, making crypto tools more accessible to everyday users.

When Did Mask Network Launch?


Mask Network traces its roots back to July 2019, when it was first introduced as a browser extension enabling encrypted posts on mainstream social platforms like Facebook and Twitter. The project was founded by Suji Yan, an entrepreneur with a strong background in decentralized identity and privacy-focused technology.

Mask initially focused on encrypted social communication before expanding into full Web3 integration. In February 2021, Mask Network launched its MASK governance token, marking a significant milestone in its evolution as a SocialFi and Web3 overlay protocol.

Mask Network Roadmap


- July 2019 – Initial launch of Mask Network browser extension with encrypted posting features.

- November 2020 – First significant funding round led by HashKey and Hash Global.

- February 2021 – Launch of the $MASK token and Public Twitter Offering/Token Generation Event (TGE).

- 2022–2023 – Expansion of supported social platforms and development of DApplets and decentralized identity tools.

- 2025 – Ecosystem restructuring with spin-offs like Next.ID, Web3.Bio, and Firefly to strengthen Web3 social innovation.

What Is the MASK Token Utility?


The MASK token is the native utility and governance token of Mask Network, playing a central role in powering its Web3-on-social-media ecosystem. Holders can use MASK for governance, participating in DAO voting to influence protocol upgrades and treasury decisions, giving the community a direct say in the project’s future.

The token also functions as incentives and rewards, encouraging developers to build DApplets and users to engage with features like encrypted messaging, token swaps, NFT tools, and decentralized interactions on supported platforms. Additionally, MASK can be used to pay for services and gas fees within the Mask Network environment and stake for potential rewards, aligning user participation with network growth.

You can trade MASK tokens on the BingX spot market by first funding your account with a base asset like USDT, then navigating to the MASK/USDT trading pair in the Spot section and placing a buy or sell order at your preferred price. This process allows you to acquire or liquidate MASK instantly at the current market price with competitive fees and deep liquidity.

What Is Mask Network Tokenomics?


Mask Network (MASK) has a fixed maximum supply of 100,000,000 tokens, meaning no more MASK will ever be created beyond this cap. All 100 million MASK tokens are currently in circulation or unlocked, providing a transparent and predictable supply structure for the ecosystem.

- Community & Ecosystem Incentives — 39%: Reserved for community rewards, airdrops, liquidity incentives, grants, and long-term ecosystem growth.

- Team — 23%: Allocated to core contributors and developers, typically subject to multi-year vesting schedules to ensure long-term alignment.

- Early Investors (Seed & Private Rounds) — 19%: Distributed to early backers who supported Mask Network’s development before and around the token launch.

- Advisors — 5%: Allocated to strategic and technical advisors contributing to protocol design, governance, and ecosystem expansion.

- Ecosystem Development & Partnerships — 11%: Used to fund integrations, developer tooling, infrastructure, and strategic collaborations.

- Public Sale — 3%: Distributed via the public token offering at launch to bootstrap liquidity and public participation.

What Platforms Does Mask Network Support?


Mask Network is designed to bring Web3 capabilities directly into mainstream social media platforms through its browser extension, making blockchain features feel native to where users already spend time online. Currently, the Mask extension supports multiple major social networks including X (formerly Twitter), Facebook, Instagram, Mirror.xyz, and Minds.com, allowing users to post encrypted content, send crypto, interact with NFTs, and engage with decentralized apps without leaving these familiar interfaces.

Beyond social platforms, Mask Network’s integration is protocol-agnostic; it connects with various blockchain ecosystems such as Ethereum, Polygon, and others, to enable on-chain interactions, payments, and identity tools across networks. This multi-platform support helps users experience Web3 features seamlessly on Web2 sites while maintaining ownership of their data and assets.

Which Wallets Support MASK Tokens?


You can store MASK tokens directly on BingX using your BingX Spot Wallet, where your assets are securely held and can be traded or transferred anytime, ideal for users who want a custodial wallet with integrated trading and portfolio tracking.

For self-custody storage, a range of non-custodial wallets support the MASK token, an ERC-20 asset on Ethereum-compatible networks, meaning you control your own private keys and can send, receive, and manage your MASK holdings independently. Popular software wallet options include MyEtherWallet (MEW) and Enkrypt, which allow you to securely store MASK on desktop or mobile and interact with decentralized apps. You can also manually add MASK to MetaMask by importing the token contract to view and manage your balance.

Beyond software wallets, multi-currency wallets like Guarda support MASK across platforms (web, mobile, and desktop), enabling you to manage MASK alongside other crypto assets. For maximum security, you can pair these with hardware wallets, e.g., Tangem or Ledger with MetaMask integration, which keep your private keys offline and protect against online threats, a preferred choice for long-term holders.

Is Mask Network (MASK) a Good Investment?


Mask Network’s unique position as a protocol that bridges traditional social media with Web3 crypto and privacy features gives it compelling potential within the evolving decentralized internet landscape, attracting users who want blockchain utility without leaving familiar platforms like X and Facebook. Its real-world use cases, from encrypted messaging and NFT integration to in-feed token transactions and DApp access, support ongoing adoption and demand for the MASK token as a governance and utility asset.

Additionally, the project’s active development, growing community support, and expanding ecosystem help sustain long-term interest, especially among investors bullish on Web3 social integration and privacy-centric blockchain solutions. However, as with all cryptos, MASK remains speculative and dependent on broader crypto market conditions, user adoption, and competitive landscape dynamics.

Info Source

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