Mask Network

Mask Network

Decentralized social messaging and payment networks integrated into traditional social media platforms. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
CAD11—16m (Dealroom.co estimates Nov 2020.)
Shanghai Shanghai (HQ)
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DateInvestorsAmountRound
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N/A

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$600k

Angel
N/A

$550k

Seed
N/A

$300k

Early VC

$700k

Series A

$2.0m

Seed

N/A

-

N/A

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*

N/A

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N/A

Secondary
Total FundingCAD5.7m

Recent News about Mask Network

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More about Mask Networkinfo icon
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Mask Network is a pioneering company in the Web 3.0 space, aiming to bridge the gap between Web 2.0 and Web 3.0 by integrating decentralized applications into traditional social networks. The company provides a browser extension that allows users to enjoy secure, decentralized social messaging, payment networks, file storage, and file sharing without leaving mainstream social media platforms like Twitter and Facebook. This enables users to experience the benefits of Web 3.0 in a seamless and user-friendly manner.

Mask Network primarily serves tech-savvy individuals, blockchain enthusiasts, and users of traditional social media who are interested in decentralized technologies. The company operates in the rapidly growing decentralized finance (DeFi) and social networking markets.

The business model of Mask Network revolves around offering its browser extension as a free and open-source software, developed and maintained by Dimension. Revenue is generated through strategic investments, acquisitions, and ecosystem programs. Notable financial milestones include a $5 million investment from DWF Labs and the acquisition of RARA and Pawoo.net, one of the largest Mastodon instances.

Mask Network's innovative approach has attracted significant attention and investment, positioning it as a key player in the transition from Web 2.0 to Web 3.0.

Keywords: decentralized, Web 3.0, social messaging, payment networks, file storage, file sharing, browser extension, blockchain, DeFi, Mastodon.