M

Mask Network

MASK
RootData List 2023

A browser extension portal bridging Web2 and Web3

Performances

RD Popularity Index

500.00% (24h)
0100200300400500
Project Rank: 278/15432

RD Growth Index

3830.36% (24h)
0400800120016002000
Project Rank: 954/15432
Comparison:
1h24h7d30d60d90d
0.22%1.38%10.42%0.12%21.55%38.89%

Comparison

Event Calendar

Dec 23, 2019
Mask Network completed a new funding round
Nov 3, 2020
Mask Network raised $ 2 M in funding round
Feb 16, 2021
Mask Network raised $ 3 M in funding round
Feb 24, 2021
Mask Network raised $ 42.7 M through IDO
Feb 28, 2021
Mask Network launches MASK token
Apr 1, 2021
Mask Network completed a strategic financing
Sep 19, 2021
Mask Network completed a strategic financing
Oct 28, 2021
Mask Network completed a strategic financing
Apr 14, 2022
Mask Network completed a strategic financing
Jan 19, 2023
Mask Network raised $ 5 M in strategic financing
Apr 23, 2025
Mask Network raised $ 5 M in funding round

Developer

Tokenomics

Unlock Progress

Unlocked100M MASK(100%)

On-chain Holding

Holding TokenPriceAmountTotal Value
No Data

Top Holders

AddressTokenQuantity7dPercentageValue
Upbit: MASK (d3ec)MASK21,353,314.64638,245.64+3.08%21.35%$9.03M
Binance 8 (acec)MASK13,289,795.07--13.29%$5.62M
Bithumb: Hot Wallet (2b49)MASK5,389,585.72-249,848.68-4.44%5.39%$2.27M

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1
HHTXCEX
MASK/USDT$0.5653$6,647$9,996$4,249,52792.19%
2MASK/USDT$0.5637$1,474$1,050$414,2738.99%
3
OOKXCEX
MASK/USDT$0.5668$27,302$32,021$276,9996.01%
4MASK/KRW$0.5724$27,366$49,055$161,4063.50%
5MASK/USD$0.57$13,388$26,406$137,1592.98%
6MASK/USDT$0.5657$21,008$24,890$82,3091.79%
7MASK/USDT$0.5657$47,261$44,153$76,3621.66%
8MASK/USDT$0.5667$41,132$62,126$34,4580.75%
9MASK/USDC$0.5616$12,185$12,149$31,7050.69%
10MASK/USDT$0.5664$6,766$9,034$29,7810.65%

Follow Updates

Follow Lists

People

About Mask Network

Mask Network is a Web3 portal that bridges traditional social media platforms like X (formerly Twitter) and Facebook with blockchain applications. Its core product is a browser extension that overlays decentralized features directly onto familiar social media interfaces. Users can send encrypted messages, trade tokens, display NFTs, and access decentralized apps without leaving their social feeds. This approach solves a key market pain point: the friction between Web2 social platforms and Web3 services. Instead of forcing users to navigate to separate dApps or exchanges, Mask brings blockchain functionality to where people already communicate, making Web3 accessible to mainstream users while preserving their existing social graph.

In the past six months (March to September 2026), Mask Network has focused on expanding its ecosystem and improving user experience. The company participated in major industry events such as the Hong Kong Web3 Festival, where it highlighted its social aggregation product Firefly. Firefly integrates multiple decentralized social protocols like Lens and Farcaster into a unified interface, allowing users to manage their cross-platform identities more efficiently. Mask also continued developing its ITO (Initial Twitter Offering) mechanism, which enables projects to launch tokens directly through social media posts, reducing the barrier for community participation. Additionally, the network has been working on enhancing its identity aggregation features through Web3.bio, which maps users' Web2 and Web3 identities across platforms.

Regarding negative developments, the broader crypto industry faced security challenges during this period. In April 2026, the Hyperbridge cross-chain protocol suffered a vulnerability exploit that resulted in significant fund losses. While this incident did not directly involve Mask Network, it highlighted the ongoing security risks within the Web3 ecosystem that projects must address. Mask has responded by emphasizing the importance of security audits and user education in its communications.

Updated: Sep 7, 2026

Founded by Suji Yan in 2017, Mask Network began as a browser extension bringing Web3 features—encrypted messaging, crypto payments, and decentralized file storage—onto Web2 platforms like Twitter and Facebook, establishing its long-term mission of bridging Web2 to Web3.

Between 2020 and 2021, it raised multiple rounds with support from HashKey, Binance, and others, totaling about $54 million in funding. In 2025, DWF Labs invested $5 million in MASK to accelerate decentralized social infrastructure.

From 2022 onward, Mask Network acquired Pawoo, RARA Social, Nametag, and Orb.club to consolidate decentralized social apps and identity assets, while launching Mask Grant to fund public goods and Web3 social projects.

In 2024, the founder’s wallet was hacked, with losses near $4 million; it was clarified as personal assets unrelated to the company, highlighting self-custody security issues in the industry.

In 2025, Mask Network announced a major restructuring, spinning off Next.ID, Web3.Bio, and Firefly as independent projects focusing on decentralized identity, profiles, and social aggregation. It also took over stewardship of Lens Protocol, becoming a key steward of decentralized social from infrastructure to application.

Updated: Sep 5, 2026

Positives: In March 2026, Mask Network took over Lens Protocol as its new steward, expanding the decentralized social ecosystem. In April, it launched Firefly Polymarket Trading League Season 2 and Web3.bio wallet-to-wallet messaging, and co-hosted Web3 Social Day. The staking program Season 1 went live, reducing circulating supply through lockups.

Negatives: MASK price fell after the takeover, reflecting weak market confidence; the decentralized social sector faced an overall downturn with Farcaster's acquisition and consolidation; the staking program has regional restrictions.

Updated: Sep 16, 2026

Suji Yan: Founder and CEO.

Yisi Liu: CTO.

Updated: Sep 5, 2026