Mask Network
MASK
$4.32
$354,671,427.60
Market capitalization(24h)
About Mask Network
Mask Network is a decentralized privacy platform that allows users to make payments, send messages, and access decentralized applications without revealing their identity or location. It combines privacy-preserving technologies like zero-knowledge proofs and ring signatures to provide a secure and private online experience. The platform is built on the Ethereum blockchain and uses the Mask token (MASK) as a means of exchange within the network. With its focus on privacy, Mask Network aims to provide a more secure alternative to traditional online activities and transactions.
$MASK token
Mask Network ($MASK) is a decentralized privacy-focused platform that provides a secure and private way for users to access and transact with decentralized applications (dApps). The platform uses a privacy-preserving technology called zero-knowledge proofs, which allows for secure transactions without revealing the details of the transaction to third parties. The $MASK token is used as a means of payment on the Mask Network and is also used to participate in governance decisions on the platform.
How to buy $MASK with a payment card
1. Enter the amount of $MASK and fiat currency that you wish to purchase.
2. Verify your phone and email.
3. Enter or create $MASK wallet
You are given the option to enter your $MASK wallet address or create one using the Swipelux widget.
4. Pass KYC flow
This verification process helps protect you from fraud and other malicious activities.
5. You're now ready to buy $MASK with a credit and debit card.
$MASK analytics
1. Market position and adoption: Mask Network's token, MASK, is currently ranked #141 on CoinMarketCap with a market price of $3.50, market cap of $238,669,795 and 24-hour volume of $168,942,823. This shows a moderate level of interest in the MASK token and a growing level of adoption.
2. Technology and Platform: Mask Network is a decentralized privacy platform that allows users to make private transactions and protect their online identity.
3. Team: The development team behind Mask Network has experience in the fields of cryptography and blockchain, and the project has a supportive network of partners and advisors.
4. Competition: Mask Network faces competition from other privacy-focused platforms, such as Monero and Zcash. However, its unique approach and focus on privacy for online transactions may position it as a leader in the space.
5. Supply: The circulating supply of MASK is 68,200,000 with a total supply of 100,000,000 and a maximum supply of 100,000,000.
$MASK risks
1. Market Risk: Cryptocurrency markets are known for their volatility and can experience significant changes in value within short periods of time. The value of MASK can be impacted by changes in market sentiment, regulatory changes, and economic factors, so it's important for investors to consider these risks.
2. Technology Risk: Mask Network, the platform behind MASK, is a relatively new technology, and there is always a risk that the platform may face technical difficulties or bugs. For example, if a critical flaw were to be discovered in the platform, this could negatively impact the value of the MASK token.
3. Adoption Risk: The success of Mask Network and its MASK token is largely dependent on widespread adoption and usage of the platform. If the platform fails to gain widespread adoption, it could result in a decrease in demand for MASK.
4. Regulatory Risk: Cryptocurrencies and decentralized platforms are subject to regulatory risks, and changes in laws and regulations can negatively impact the platform and its token. For instance, if a country were to impose strict regulations on cryptocurrencies, this could potentially harm the adoption and value of MASK.
Potential market development triggers
1. Widespread adoption and usage of the Mask Network platform, leading to increased demand for the MASK token.
2. Integration with leading DeFi platforms and exchanges, which would increase the accessibility and liquidity of the MASK token.
3. Expansion of the Mask Network platform to support new use cases, such as NFTs or gaming, which would drive demand for the MASK token.
4. Strategic partnerships with leading companies in relevant industries, such as data providers or cybersecurity firms, which would enhance the platform's capabilities and drive demand for the MASK token.
5. Positive regulatory developments, such as clarity on the legal status of cryptocurrencies, which would increase investor confidence and drive demand for the MASK token.
6. Improved security and privacy features, which would make the Mask Network platform more attractive to users and drive demand for the MASK token.
7.Increase in marketing and awareness initiatives, which would drive more people to learn about the Mask Network platform and its token, potentially increasing demand for the MASK token.