This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Mask Network?

Mask Network is a browser extension that brings privacy and Web3 benefits to social media platforms like Facebook and Twitter. It allows users to log in with a Mask ID, connect their wallet, and use familiar Web 2.0 sites enhanced with Web3 integrations. Additionally, it provides an on-ramp for fiat purchases of crypto assets directly via credit card or bank transfer in over 60 countries.

How is Mask Network used?

Mask Network (MASK) is a decentralized social media platform that integrates traditional social media with Web 3.0 features. Here is how it is used:

  1. Installation and Connection: Users install the Mask Network browser extension or download the app and connect their social media accounts. This allows them to access decentralized applications (dApps) and use Web 3.0 features on traditional social media platforms like Twitter and Facebook.

  2. Decentralized Features: Mask Network supports various dApps, including Uniswap and SushiSwap. Users can display non-fungible tokens (NFTs) on their social media profiles, bid on NFTs from platforms like OpenSea or Rarible, share or donate to grants on Gitcoin, and send cryptocurrencies with social media posts.

  3. Multi-Chain Wallet and Login System: The Mask Network includes a multi-chain wallet and a MaskID login system, which aggregates users’ social media accounts and Web 3.0 addresses. This allows for seamless interaction between different platforms.

  1. dApp Marketplace: Mask Network has a dApp marketplace called D.Market, where users can explore and use various decentralized applications.

  2. Native Token: The $MASK token is the native token of MaskDAO, the governing decentralized autonomous organization (DAO) of the Mask ecosystem. It was launched in February 2021 via Mask’s Initial Twitter Offering (ITO) feature, which allows users to participate in token launches directly on Twitter.

  3. On-ramp Fiat: Users can buy crypto assets directly via credit card or bank transfer in over 60 countries using the Transak-powered on-ramp fiat feature.

By integrating Web 3.0 features into traditional social media, Mask Network aims to provide a more secure, censorship-resistant internet experience while maintaining familiarity with existing social media platforms.

How do I store Mask Network?

To store Mask Network (MASK) tokens, you have several options:

  1. KuCoin Account: You can hold your MASK tokens in your KuCoin account, which provides quick access to trading products like spot and futures trading, staking, and lending. KuCoin serves as the custodian of your crypto assets, ensuring security and convenience.

  2. Non-Custodial Wallets: For enhanced security, you can withdraw your MASK tokens to a non-custodial wallet, such as hardware wallets, Web3 wallets, or paper wallets. This option gives you complete control over your private keys but may be less convenient for frequent trading.

  3. Ledger Wallet: You can also store MASK tokens on a Ledger wallet, specifically if they are ERC-20 tokens. However, the countervalue balances might not appear next to the token balance in Ledger Live.

  1. MetaMask Wallet: As MASK is an ERC-20 token, you can connect your MetaMask wallet to the Mask Network, allowing you to use it on Twitter and other social media platforms.

Choose the method that best fits your needs and preferences, considering factors like security, convenience, and trading frequency.

How to buy Mask Network?

To buy Mask Network (MASK) tokens, follow these steps:

  1. Choose a Cryptocurrency Exchange:

    • Kriptomat: Create and verify your account, add funds via bank deposit or credit card, and then select "Buy" to purchase MASK.
    • KuCoin: Create an account, secure it with 2FA and anti-phishing codes, verify your identity, add a payment method, and then buy MASK using various payment options.
    • Finder: Compare exchanges, create an account, deposit funds via bank account, credit card, or cryptocurrency, and then buy MASK using instant buy or spot market.
    • Pionex: Create an account, choose your preferred payment method (credit card, debit card, bank wire, or ACH transfer), and then buy MASK at a competitive rate.
    • Binance: Navigate to the buy MASK with USD page, select MASK and USD, and choose "Card" as the payment method.
  2. Verify Your Account:

    • Ensure you have a verified account on the chosen exchange to access the full range of features.
  3. Add Funds:

  • Deposit funds into your account using the available payment methods.
  1. Buy MASK:

    • Use the deposited funds to purchase MASK tokens.
  2. Secure Your Tokens:

    • Consider transferring your MASK tokens to a personal crypto wallet for added security.

Remember to research and understand the fees, risks, and legal implications associated with buying and holding MASK tokens.

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History of Mask Network

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How Mask Network works

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Mask Network's strengths

Mask Network's risks

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Did Mask Network raise funds?

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