Mask Network (MASK) is the native utility token of the Mask Network platform, which serves as a bridge between traditional social media platforms and the decentralized web. This integration allows users to send encrypted messages, conduct cryptocurrency transactions, and interact with decentralized applications (DApps) directly within popular social media interfaces.
Within the Mask Network ecosystem, MASK tokens have several key functions. They facilitate governance by enabling token holders to propose and vote on protocol upgrades or modifications, thereby influencing the platform's development. Additionally, MASK tokens can be used to pay for various services within the network and can be staked to participate in the network's data storage and retrieval functions.
A standout feature of Mask Network is its browser extension, which seamlessly integrates Web3 functionalities into traditional Web2 platforms. This enables users to share and trade digital assets, utilize decentralized finance (DeFi) tools, and access a wide array of DApps without leaving their preferred social networks.
The vision behind Mask Network is to enhance and democratize the internet experience by embedding the advantages of decentralized technologies into mainstream platforms. By doing so, it aims to empower users with greater control over their digital interactions and data.