"Mask Network (MASK): Bridging Web2 and Web3 with Decentralized Social Innovation"

As of May 20, 2025, Mask Network (MASK) is trading at approximately $1.78, reflecting a modest daily gain. Over the past month, the token has experienced a 20% increase, although it remains significantly below its all-time high of $97.92 recorded in early 2021.

Mask Network serves as a bridge between Web 2.0 and Web 3.0, enabling users to interact with decentralized applications (dApps) directly from traditional social media platforms like Twitter and Facebook. Through its browser extension, users can send encrypted messages, conduct cryptocurrency transactions, and engage with decentralized finance (DeFi) services without leaving their social media feeds.

The platform's native token, MASK, plays a central role in its ecosystem, facilitating governance, staking, and transaction fees. Recent developments include the introduction of Initial Twitter Offerings (ITOs), allowing projects to launch tokens directly on social media platforms, and the integration of NFT functionalities that enable users to verify and showcase their NFTs as profile pictures.

In April 2025, Mask Network secured a $5 million investment aimed at accelerating the adoption of decentralized social media solutions. However, the platform faced challenges in February when the founder’s personal wallet was compromised, resulting in a loss of approximately $4 million. Despite this setback, the team responded quickly to secure user assets and reinforce platform security.

With a circulating supply of 100 million tokens and a market capitalization around $178 million, Mask Network remains a noteworthy player in the DeFi and decentralized social space. As demand for privacy-focused, censorship-resistant platforms continues to grow, Mask Network’s tools and integrations place it in a strong position to benefit from the ongoing evolution of Web3 applications.