Mask Network (MASK)
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Overview
Mask Network is a set of tools that brings Web3 features into familiar social media sites. Its browser extension lets people share encrypted posts, connect crypto wallets, view digital collectibles, and use selected decentralized applications while browsing platforms such as X and Facebook. MASK is the ecosystem’s governance token: holders can use it to take part in decisions about MaskDAO, the group that helps guide the ecosystem. (mask.io)
The project aims to make the move from Web2—the internet of large, familiar websites—to Web3 feel less like starting over. Someone can keep using a social feed they know while gaining access to tools for digital identity, on-chain assets, and private communication. Mask Network also develops social products beyond its original extension. (mask.io)
Price, Market Position, and Liquidity
As of 10/17/2026 08:00 UTC, Mask Network (MASK) trades at $0.419 with a -3.23% move over the last 24 hours.
The market capitalization stands at $43M, placing it at rank #517 by market value.
Daily trading volume is $689K. Mask Network (MASK) has moved -10.85% over the past seven days and -2.78% across the last 30 days.
History & Team
From browser tool to social ecosystem
Suji Yan founded Mask Network in 2017. The team began building a way to add encrypted communication and other decentralized services to existing social platforms. By the end of 2019, its browser extension could bring social messaging, payments, and file-storage features into mainstream social media. The project introduced MASK in 2021 to support community governance. (masknetwork.medium.com)
Mask Network is developed and maintained by Dimension. Its work has grown from an extension into a wider collection of identity tools, social apps, and projects supported through MaskDAO. That growth reflects a steady focus on one idea: people should be able to move between online communities while keeping more control of their identity and digital assets. (mask.io)
The project announced a $3 million funding round in February 2021 with participation from Digital Currency Group, Fundamental Labs, Longling Capital, Animoca Brands, and 3Commas. The team said the funding would help it grow its developer community and improve its social and financial tools. These investors backed the project’s development; MASK holders have a separate role in its token-based governance. (masknetwork.medium.com)
Technology & How It Works
An added layer for social media
Mask Network works mainly through a browser extension. The extension reads supported social pages and adds controls and displays for Web3 features. Its design separates the parts that appear on a social page from background services that handle tasks such as encryption. This allows an encrypted post or an NFT-related feature to appear inside a familiar feed. (docs.mask.io)
A central part of the system is the Persona, a digital identity built around a cryptographic key pair. A user can place an encrypted message in a social post. Other Mask users with the right access can decrypt and read it through the extension. Mask’s identity tools can also connect a Persona to existing social accounts and other digital identities, helping users bring those connections together. (docs.mask.io)
Wallet connections provide another layer. Mask’s documentation describes support for wallets including MetaMask and WalletConnect, alongside its own wallet in the extension. A connected wallet lets someone interact with blockchain-based applications or assets shown in a social feed. The blockchain records relevant asset transactions; the extension provides the interface that brings those actions into the social experience. (docs.mask.io)
Tokenomics & Utility
A fixed initial supply
Mask Network created 100 million MASK tokens at launch. Its original distribution included allocations for the foundation reserve, core team, earlier investors, community offering, airdrops, and an initial exchange pool. The team described a three-year unlocking plan for tokens subject to early lockups. The foundation reserve was intended to support grants, developers, operations, and partnerships under MaskDAO governance. (masknetwork.medium.com)
Governance is MASK’s defining use. The project’s token plan assigns one vote to each MASK and gives holders a way to participate in decisions about the ecosystem and its reserve. That links the token to choices about how shared resources are used, rather than to every action a person takes in the browser extension. (masknetwork.medium.com)
MASK has uses beyond voting. Mask Network describes Smart Pay, a contract wallet on Polygon that can use MASK for gas payments. The project also offers a MASK staking program in which participants may receive tokens from collaborating projects under that program’s terms. These features give the token roles in specific applications while its main economic purpose remains tied to the ecosystem and its governance. (mask.io)
Ecosystem & Use Cases
Communication, identity, and assets
Encrypted posts are one of Mask Network’s clearest uses. They let a person share content through an existing social account while limiting who can read the message. The extension also displays Web3 profiles, including connected wallet information and activity linked to a user’s digital identity. For someone learning about crypto, these features show how a social profile and a wallet can work together. (mask.io)
Other applications focus on moving and viewing assets. Mask lists tools for token swaps, cross-chain transfers, NFT displays, and decentralized file storage using services such as IPFS and Arweave. Its “Lucky Drop” feature lets users share tokens or NFTs through a social post. Each tool serves a different task, but all follow the same design: bring a blockchain interaction closer to where people already communicate. (mask.io)
A wider social network of products
Mask Network’s work now extends beyond adding features to Web2 sites. Firefly brings activity from several social networks into a combined experience. Next.ID helps link a person’s identities across services. In 2026, Mask Network announced a stewardship role in the next stage of the Lens social ecosystem, with the Lens-based app Orb joining MaskDAO’s collection of products. Mask reported that Orb had passed 50,000 monthly active users by early 2025; that figure describes Orb, rather than the Mask browser extension. (mask.io)
Together, these projects show two sides of Mask’s approach. The extension adds new abilities to established social sites, while products such as Firefly and Orb explore social experiences built around more portable identities and connections. MASK’s place in this wider group comes through MaskDAO governance and the token features used by particular Mask applications. (masknetwork.medium.com)
Advantages & Challenges
Mask Network’s main advantage is convenience. People can encounter encrypted posts, wallet information, NFTs, and Web3 applications within social spaces they already understand. Its open-source extension and support for multiple wallet and blockchain connections also give developers ways to build on that interface. Linking identity across services may become more useful as a person participates in several online communities. (mask.io)
Its design brings practical challenges. Features built into an existing social site must adapt when that site changes its layout or behavior. Users also need to understand several connected ideas—Personas, wallets, social accounts, and blockchain networks—to use the full range of tools. As the ecosystem grows, a further challenge is making its different products feel connected while giving each one a clear purpose. (docs.mask.io)
Where to Buy & Wallets
MASK is available on Coinbase and Kraken, which provide purchase routes for eligible users. Availability and supported payment methods depend on location. MASK can also be used with compatible self-custody wallets. Mask Network’s documentation lists MetaMask and WalletConnect among its wallet connections, and its extension includes Mask Wallet. (coinbase.com)
The original MASK token is on Ethereum. Representations also exist on networks including Polygon and BNB Smart Chain, so the network selected for a wallet transfer matters. A wallet must be set up for the network on which the MASK tokens are held. (coinbase.com)
Regulatory & Compliance
Rules for MASK-related services depend on the jurisdiction and the activity. In the United States, the Securities and Exchange Commission’s guidance examines how federal securities laws apply to crypto assets and transactions based on their characteristics and circumstances. The Internal Revenue Service treats income from digital assets as taxable and provides reporting guidance for digital-asset transactions. (sec.gov)
In the European Union, the Markets in Crypto-Assets regulation, or MiCA, sets rules for crypto-asset issuers and service providers. In the United Kingdom, promotions of qualifying crypto assets fall under Financial Conduct Authority rules, including rules for promotions made on social media. These frameworks chiefly shape how businesses offer, promote, and manage crypto services in those markets. (finance.ec.europa.eu)
Shariah assessment considers what a token is used for and how related transactions work. Islamic finance principles prohibit interest, gambling, and certain forms of excessive uncertainty. MASK’s voting and encrypted-communication functions differ from optional financial activities, such as savings or reward products, which call for their own assessment. A judgment about Shariah compliance therefore depends on the specific way MASK and connected services are used. (ifsb.org)
Future Outlook
Mask Network’s direction has broadened from placing Web3 tools inside social feeds to helping develop social apps and shared identity systems. Its work with Lens and Orb points toward services where a person’s profile and connections can have a life beyond one company’s website. The extension, Firefly, Next.ID, and Lens-related products offer different ways to pursue that goal. (masknetwork.medium.com)
For MASK, the important question is how the token’s governance and application roles develop alongside those products. MaskDAO can give holders a voice over ecosystem decisions, while features such as Smart Pay and staking provide more specific uses. The strength of the overall approach will rest on whether the products remain useful to people who want a simpler way to communicate, connect identities, and use digital assets. (masknetwork.medium.com)
Summary
Mask Network connects familiar social media with encrypted communication, digital identity, wallets, and Web3 applications. Founded by Suji Yan, it began with a browser extension and grew into a broader social ecosystem. MASK gives holders a role in MaskDAO governance and has uses in selected applications. The project’s place in crypto is its focus on making decentralized tools accessible through everyday online social experiences. (masknetwork.medium.com)
Description
#517
Mask Network is a protocol that bridges Web 2.0 and Web 3.0, enabling users to send encrypted messages and interact with decentralized applications (dApps) on traditional social media platforms like Facebook and Twitter.
| Sector: | SocialFi |
| Blockchain: | Ethereum |
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Binance (CEX) | 650K | 17K/22K |
OKX (CEX) | 156K | 4.1K/4.1K |
Binance (CEX) | 86K | 4.4K/5.2K |
![]() Coinbase (CEX) | 67K | 7K/6.5K |
![]() MEXC (CEX) | 62K | 18K/23K |
Bybit (CEX) | 47K | 1.4K/2.1K |
Uniswap V2 (Ethereum) | 39K | 11K/11K |
Kraken (CEX) | 20K | 2.7K/12K |
HTX (CEX) | 9.1K | 0/0 |
KuCoin (CEX) | 8.8K | 600/1.1K |
Bitget (CEX) | 7.8K | 21K/12K |
Gate.io (CEX) | 7.7K | 23K/19K |
Kraken (CEX) | 7.2K | 3.9K/5.6K |
OKX (CEX) | 1.6K | 4.4K/4.4K |
OKX (CEX) | 898 | 535/519 |
![]() Pancakeswap V2 (BNB) | 244 | 106/105 |
![]() Sushiswap V2 (Ethereum) | 25 | 38/38 |
Uniswap V3 (Ethereum) | 6.2 | 101/101 |



