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View ChartMask Network is a pioneering Web3 social middleware protocol that seamlessly bridges traditional social media platforms with the decentralized internet.
Key takeaways
Mask Network is an open-source protocol that functions as a gateway to Web3, enabling encrypted communications, decentralized storage, and crypto transactions directly on mainstream social networks without leaving the platform.
| Item | Details |
|---|---|
| Name (Ticker) | Mask Network (MASK) |
| Alternative Names | $MASK |
| Consensus Mechanism | Inherits security from Ethereum's Proof-of-Stake (PoS) |
| Smart Contracts | Supported (EVM-compatible). Primary contract on Ethereum. |
| Category | Web3 / SocialFi / Middleware |
| Hash Algorithm | Keccak-256 (Standard for Ethereum and EVM-compatible chains) |
| Block Reward | Not applicable (MASK is an ERC-20 utility token, not mined) |
| Max Supply | 100,000,000 MASK (Fixed, fully circulated as of March 2026) |
| TPS | Dependent on the underlying blockchain (e.g., Ethereum) |
| Scaling Solution | Utilizes Layer 2 networks and plans for multi-chain expansion to improve user experience and reduce transaction costs. |
| Blockchain | Primarily Ethereum; expanding to other EVM-compatible chains. |
Mask Network was founded by Suji Yan, a prominent figure in the decentralized technology space. The project originated from the idea of creating a "bridge" between Web 2.0 and Web 3.0, allowing users to maintain their social graphs while accessing decentralized applications. The core development is driven by a global, decentralized community of contributors and developers. Governance and major decisions are now managed entirely by the MaskDAO, where MASK token holders propose and vote on initiatives related to treasury management, protocol upgrades, and ecosystem grants, ensuring the project remains aligned with its community's vision.
Mask Network operates primarily as a browser extension and mobile app. Once installed, it integrates directly into the user interface of supported social media platforms like X. This integration allows users to access Web3 functionalities without switching apps or contexts. Key technical components include:
Encryption & Decentralized Storage: Users can send encrypted posts, messages, and files. This content is not stored on the social media platform's central servers but is instead encrypted and stored on decentralized protocols like Arweave or IPFS, with only the decryption keys shared between intended recipients.
Web3 Application Integration: The Mask plugin provides direct access to features such as:
Multi-Chain Support: While rooted in Ethereum, Mask actively integrates with other blockchains (e.g., Polygon, Arbitrum) to offer users lower transaction fees and faster speeds for everyday social and financial interactions.
Mask Network's primary innovation lies in its seamless, non-disruptive approach to onboarding users into Web3. Instead of asking users to abandon platforms where their social connections already exist, it enhances those platforms with decentralized capabilities. Its value proposition is multifaceted:
The MASK token is the utility and governance lifeblood of the Mask Network ecosystem. Its uses are designed to align incentives between users, developers, and the network's growth:
The Mask Network ecosystem is evolving into a comprehensive suite of tools for the decentralized social web (DeSo). Development is focused on several key areas:
MASK is not a mineable cryptocurrency. It is an ERC-20 utility token on the Ethereum blockchain, which uses a Proof-of-Stake (PoS) consensus mechanism. Tokens were initially distributed through a public sale and are now entirely in circulation. The only way to acquire new MASK tokens is by purchasing them on the open market or earning them through ecosystem participation, such as contributing to governance, development, or community initiatives that offer MASK rewards.
As an ERC-20 token, the security of your MASK holdings depends entirely on the security of your Ethereum wallet and private keys. For optimal security, Canadian users should consider:
MASK is a popular cryptocurrency listed on many exchanges. However, it is recommended to trade on a major platform like BTCC exchange for higher liquidity and better customer support.
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TradeAs of right now, the live price of Mask Network (MASK) is C$0.483948. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MASK to USD rate at the top of BTCC’s price page. In terms of market scope, Mask Network records a 24h trading volume of C_24h1.329002M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$47.837894M. Its current circulating supply stands at 100M out of a maximum supply cap of 100M.
The price volatility of Mask Network (MASK) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (100M) to max supply (100M), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Mask Network (MASK) hit an all-time high (ATH) of C$135.728348 on 2021-02-24 15:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.461019 on 2026-06-06 05:05. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading MASK futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C_24h1.329002M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s MASKUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Mask Network, simply log into your BTCC account with USDT margin available, navigate to the MASKUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for MASKUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.483948), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for MASKUSDT with zero financial risk.
Trading Mask Network (MASK) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for MASKUSDT, and review its live price (C$0.483948) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.