What is Mask Network (MASK) and How to Buy?

Esat Demirtaş 30 January 2023Last Updated: 30 January 2023

4 minutes read

What is Mask Network (MASK) and How to Buy?

Although blockchain-oriented projects are very popular in the crypto money world, social media-oriented and unique projects can also attract attention. Mask Network and the local token unit of the project, MASK Token, are also emerging as a remarkable project recently.

In this article, we will try to convey all the details about Mask Network (MASK) with answers to questions such as what is MASK Network and what is MASK Token, how to get it, where to buy it.

Contents

What is Mask Network?

Mask Network; It is a protocol that allows sending encrypted messages over Twitter and Facebook.

Announced in July 2019 by Suji Yan, founder of the Dimension.im platform, Mask Network launched with an initial use case that allows Facebook and Twitter users to encrypt posts on social media platforms, with an average of 5 million dollars later in funding rounds conducted in November 2020 and February 2021. provided a funding source.

Mask Network offers the ability to fund grant campaigns directly from Twitter, as well as plans to offer peer-to-peer payments and decentralized storage functionality. In addition, Mask Network is a centralized platform that allows users to use DApps such as crypto payments, decentralized finance (DeFi), decentralized storage, NFTs and e-commerce for digital goods, and decentralized organizations (DAO) without having to migrate over existing social networks. It also appears as a non-existent portal.

Mask Network attracts attention because it allows users to send encrypted messages to other users, send and receive cryptocurrencies, share files and interact with DApps while adding a certain level of privacy to users’ online interactions, all in a decentralized manner.

What is MASK Token?

MASK Token is the native token unit of the Mask Network project, created in ERC-20 standards.

MASK Token, which provides the rights to take part in governance in Mask Network, which has a DAO system called MaskDAO, also offers users the opportunity to earn extra income due to its staking feature.

MASK Token, which can also be used to send crypto money between users in the social media accounts of its project, is also an auxiliary token unit at the bridge stage between Web 2.0 and Web 3.0, which is provided through the project as well as the DAO system of Mask Network.

MASK Token, whose total supply is determined as 100,000,000 pieces, participates in circulation every year, with a total supply of 3 years. The distribution of 100.000.00 MASK Tokens is as follows:

7% to the community,
39.55% to reserves,
14.25% to the front investors,
23% to the Mask Network team.

MASK Token Nasıl ve Nereden Alınır?

Regarding MASK Token, as in all other cryptocurrencies, the questions of where to buy MASK Coin and how to buy MASK Coin are among the most sought-after questions.

If we answer the question of where to buy MASK Token, MASK Token; It can be purchased from many central crypto exchanges.

If you are wondering the answer to the question of how to buy MASK Token, you can buy MASK Token on Gate.io Exchange, one of the crypto exchanges that lists MASK Tokens by following the steps below:

Log in to your Gate.io Exchange account. If you do not have an account on the Gate.io Exchange, click here to create one.
After logging into your account, transfer the amount of MASK Token you want to buy. You can use the Tron (TRX) cryptocurrency because of its affordable transfer fees.
After your transfer reaches your Gate.io account, go to the Markets page and type MASK in the search section and select the MASK/USDT parity.
On the page that opens, determine the amount you want to buy and click the Buy MASK button to complete the purchase.

If you are looking for a detailed guide on the use of Gate.io Exchange, you can review our article titled Gate.io Exchange and Detailed User Guide.

Frequently Asked Questions About Mask Network (MASK)

In this section, we will try to answer the most frequently asked questions about Mask Network and MASK Token. This section will be regularly updated in line with your requests and questions.

What is MASK Coin?

Mask Coin is a cross-user term for Mask Network’s token unit, MASK Token, but is incorrect. Because Mask Network is a project on the Ethereum network, and therefore MASK is a token unit, not a coin.

Similarly, if it is asked what is Mask Network Coin, this term is also incorrect and its correct usage should be Mask Network Token.

Who is the Founder of Mask Network (MASK)?

Mask Network (MASK); It was founded by Suji Yan, who is also the founder of the platform at dimension.im.

What Does the Mask Network (MASK) Project Include?

The Mask Network project enables social media users to switch from Web 2.0 to Web 3.0 and send confidential and encrypted messages.

Is Mask Network (MASK) a Future Project?

If we think that the place of Web 3.0 technology in our lives will gain more importance in the coming years, we can say that the Mask Network project is an ambitious project. Therefore, it would not be wrong to say that Mask Network is a project with a future.

Which Exchanges Have Mask Network (MASK)?

Mask Network (MASK); In fact, it is located in many central crypto exchanges, but we recommend buying it from Gate.io Exchange for volume size and reliability.