Mask Network is a protocol that lets users send encrypted messages on Twitter and Facebook, acting as a bridge between the internet and a decentralized network.
Launched in July 2019, it first allowed users to encrypt social media posts. It raised $2 million in November 2020 and $3 million in February 2021, with investors including HashKey, Hash Global, Digital Currency Group, and Fundamental Labs.
Today, Mask Network supports funding Gitcoin grants from Twitter and plans for peer-to-peer payments and decentralized storage. Users can access DApps like crypto payments, DeFi, NFTs, e-commerce, and DAOs directly on social platforms, creating a decentralized Applet (DApplet) ecosystem.
Reference: CoinMarketCap