What is Mask Coin?

What Is Mask Network (MASK)? Definition and Meaning

Mask Network is a suite of tools and protocols designed to “overlay” cryptographic features onto existing social media platforms. Through a browser extension, Mask integrates Web3 services—including end-to-end encrypted messaging, on-chain tipping, NFT displays, and airdrops—directly into web pages on platforms like Twitter/X and Facebook. This allows users to access decentralized features in familiar social environments. MASK serves as both the governance and utility token for the ecosystem, enabling voting, feature access, and incentive distribution.

What Are the Current Price, Market Cap, and Circulating Supply of Mask Network (MASK)?

As of January 16, 2026, actual figures fluctuate with market dynamics. Public sources (such as CoinMarketCap, as of October 2024) indicate that MASK experiences cyclical price swings, with its market cap positioned in the mid-range among crypto assets. Circulating supply increases gradually in line with scheduled unlocks. Data older than six months may not be reliable for current decisions; it’s recommended to use Gate’s live trading page for up-to-date price, 24-hour volume, and order book depth when making trades.

Key metrics to monitor include:

• Price: The latest transaction price on exchanges, used to evaluate entry cost and historical performance.
• Market Cap: The total value of circulating tokens (token supply x price), reflecting relative project scale.
• Circulating Supply: The quantity of tokens actively tradable in the market, influenced by unlocks and burns.

Additionally, consider fully diluted market cap (projected if all tokens are issued) and the token release schedule to understand future supply changes.

Source & Timestamp: Trend insights are based on public data and project documentation (CoinMarketCap, official site), as of October 2024; trading actions should reference Gate’s live page (January 16, 2026).

Who Created Mask Network (MASK) and When?

Mask Network was initiated by the Dimension team, with founders including Suji Yan. Its early prototype was introduced around 2019, evolving into a functional browser extension and ecosystem applications. The MASK token entered public markets circa 2021. This timeline is derived from publicly available project information and community reports; for specific milestones, refer to official announcements (data as of October 2024).

How Does Mask Network (MASK) Work? Key Features and Mechanism

Mask’s core technology is “client-side overlay.” Its browser extension loads additional UI layers over social media web pages as you browse, embedding features like encrypted messaging, tipping buttons, and NFT cards without altering the underlying platform structure.

The extension connects to your crypto wallet, which manages on-chain assets and signs transactions—commonly via WalletConnect or built-in browser wallets. Once connected, you can initiate blockchain operations directly from social pages, such as transferring tokens or buying NFTs.

For encrypted messaging, Mask uses public keys and private keys for encryption and decryption. The public key serves as a visible identifier, while the private key proves your identity and unlocks messages. Any signature-based on-chain action is executed via smart contracts—programs deployed on the blockchain that process transactions according to predefined rules.

MASK tokens power governance by enabling votes on ecosystem parameters or proposals. They may also serve as utility fees or incentives within certain applications to boost user engagement.

What Can You Do With Mask Network (MASK)? Use Cases

• Send encrypted messages on social platforms that are readable only by specified recipients—protecting private conversations.
• Display owned NFTs or creations on your Twitter/X profile page—helping creators gain exposure and sell directly.
• Tip creators or friends on-chain or participate in airdrop events—eliminating the need to switch between multiple websites.
• Link your on-chain identity to your social account for a unified profile, facilitating entry into DAOs or reputation systems. DAOs are online organizations governed by token-holder votes.
• Integrate social discussions with trading data—enabling interactive investment experiences such as viewing token info or joining governance debates under specific topics.

Which Wallets and Extensions Are Available in the Mask Network (MASK) Ecosystem?

The primary gateway is the browser extension, compatible with major desktop browsers. Common wallet connection methods include:

• Browser Wallet: Manages addresses and signatures directly in the browser; ideal for frequent interactions.
• WalletConnect: Links mobile wallets to desktop web pages via QR code scanning—reducing private key exposure in browsers.

On mobile, community-maintained apps or lightweight clients are available for viewing NFTs, receiving notifications, and participating in activities. Supported options are subject to official documentation and version updates (as of October 2024).

What Are the Main Risks and Regulatory Considerations for Mask Network (MASK)?

• Price Volatility: Crypto asset prices are highly sensitive to market sentiment and liquidity; short-term swings can be significant.
• Contract & Extension Risks: Smart contracts may have vulnerabilities; browser extensions require elevated permissions—install only from official sources and configure settings carefully.
• Network Selection & Phishing: Using the wrong network for withdrawals or interactions can result in unrecoverable assets; beware of fake sites and phishing links.
• Token Unlocks & Liquidity: Monitor linear or phased token release schedules and trading pair depth; avoid placing large orders during periods of low liquidity to minimize slippage—the difference between expected and actual execution price.
• Regulation & Compliance: Crypto trading and privacy tools are subject to varying regulations across countries, which may affect feature availability and user access; completing KYC (identity verification) on Gate is a standard requirement.

How Do I Buy and Safely Store Mask Network (MASK) on Gate?

Step 1: Register a Gate account and complete KYC. Prepare your ID documents and follow on-screen instructions to verify your account—this raises limits and enables fiat channels.

Step 2: Deposit or buy USDT. USDT is a stablecoin pegged to the US dollar, commonly used for trading pairs. You can purchase USDT with fiat or transfer it from another wallet into your Gate balance.

Step 3: Purchase MASK in the spot market. Go to spot trading, search for “MASK,” select the appropriate trading pair (e.g., MASK/USDT), and place limit or market orders as needed. Pay attention to fees and order book depth; avoid large single orders in thin markets to reduce slippage.

Step 4: Strengthen account security. Enable two-factor authentication (2FA), set up anti-phishing codes and withdrawal whitelists to lower theft risk. If not withdrawing immediately, manage assets within Gate’s wallet sections and periodically review security settings.

Step 5: Withdraw to a self-custody wallet (optional). Self-custody wallets let you hold your own private keys. When withdrawing, select the correct network, double-check addresses, and start with small test transfers; note miner fees and arrival times. Securely back up your recovery phrase—never screenshot or upload it online.

How Does Mask Network (MASK) Compare With CyberConnect (CYBER)? Comparison

Product Positioning: Mask focuses on “overlaying Web3 features onto Web2 social platforms,” enabling direct crypto interactions within familiar social interfaces; CyberConnect emphasizes building a native Web3 social graph and identity protocol for apps to read/write relationship data directly on-chain.

User Journey: Mask lowers entry barriers via browser extensions—ideal for users transitioning from existing social platforms into Web3; CyberConnect mainly targets developers and native apps, with users typically accessing via DApps supporting its protocol.

Token Utility: MASK is used for governance, ecosystem incentives, and feature payments; CYBER is primarily for protocol governance and incentives aimed at expanding social graph applications. Both have governance roles but differ in application focus.

Ecosystem Focus: Mask prioritizes front-end user experience and social tools; CyberConnect centers on backend data layers and developer interfaces. They complement each other within the “Web3 Social” domain rather than serving as direct substitutes.

Summary of Mask Network (MASK)

Mask Network bridges encryption with social networking by bringing encrypted messaging, on-chain payments, NFTs, and more directly onto major social platforms through browser extensions—lowering the barriers for Web3 adoption. The MASK token functions as both governance instrument and ecosystem incentive; its value depends on user growth, feature usage, and ecosystem expansion. For investing or usage, reference live data on Gate, monitor token unlocks and liquidity, build positions gradually, and prioritize account/wallet security—including 2FA, whitelists, and offline backup of recovery phrases. Start with small test transactions using the correct network before advancing to more complex on-chain activities or governance participation.

FAQ

What Is the Difference Between MASK Token and MetaMask Wallet?

MASK token is the governance token for the Mask Network ecosystem; MetaMask is an Ethereum wallet tool—they are entirely separate products. MASK enables participation in ecosystem governance and earning rewards; MetaMask manages wallets and facilitates transactions. Beginners often confuse these names but their functions are unrelated.

What Are the Practical Uses of Holding MASK Token?

MASK holders can vote on network upgrades, feature development, and other critical decisions while participating in incentive programs for rewards. As a governance token, MASK grants holders a voice in shaping Mask Network’s future direction. Additionally, staking MASK allows participation in specific ecosystem activities and reward distributions.

Where Can I Trade or Buy MASK Token?

MASK is listed on major exchanges like Gate for spot trading, futures contracts, etc. To buy MASK on Gate: complete account verification and funding first, then search for MASK trading pairs in the trading section. Beginners should start small and use Gate’s security tools to protect their assets.

Is MASK Token Suitable for Long-Term Holding?

As a governance token, MASK’s long-term value depends on the development and adoption of the Mask Network ecosystem. Holders should monitor technical updates, user growth, and market traction. All crypto investments carry risks—develop position strategies according to your risk tolerance rather than following hype blindly.

How Can I Safely Store My MASK Token?

MASK can be stored in exchange wallets or self-custody wallets; for long-term holding, hardware wallets offer greater security. If using self-custody wallets, securely store your private key and recovery phrase—never share them anywhere. Gate’s wallet also supports MASK storage; new users can begin with platform wallets before migrating to personal wallets.

Glossary of Key Terms Related to Mask Network (MASK)

• Privacy Protection: Using cryptographic methods to safeguard user data and transaction information from third-party interception or tracking on public networks.
• Smart Contract: An automated program running on blockchain that executes transactions or actions based on preset conditions without intermediaries.
• Decentralized Application (DApp): Blockchain-based apps where users control their own data free from single entity oversight.
• Cross-Chain Interoperability: Facilitates exchange of information/assets between different blockchain networks for greater connectivity and liquidity.
• Governance Token: Grants holders voting rights over major project decisions like fund allocation or feature upgrades.
• Web3 Integration: Embeds decentralized identity, crypto assets, etc., into traditional internet apps for seamless transition.

Reference & Further Reading on Mask Network (MASK)

• Official Website / Whitepaper:

  • https://mask.io/
  • https://docs.mask.io/
  • https://github.com/DimensionDev/Maskbook

• Development / Documentation:

  • https://github.com/DimensionDev/Maskbook
  • https://docs.mask.io/
  • https://github.com/DimensionDev

• Trusted Media / Research:

  • https://www.coindesk.com/
  • https://cointelegraph.com/
  • https://thedefiant.io/