Organization Name – Mask
Category – 
Data & Analytics
Mask Network is a decentralized protocol that bridges the gap between Web2 and Web3 by enabling users to access blockchain features directly within traditional social media platforms. Founded in 2019 …by Suji Yan, the project aims to empower users with greater control over their digital identities and data privacy.  
The core functionality of Mask Network is delivered through a browser extension that integrates with platforms like Twitter, Facebook, and Instagram. This extension allows users to send encrypted messages, conduct cryptocurrency transactions, and interact with decentralized applications (dApps) without leaving their social media feeds. By overlaying Web3 capabilities onto familiar Web2 interfaces, Mask Network lowers the barrier to entry for decentralized technologies.  
In February 2021, Mask Network launched its native token, MASK, on the Ethereum blockchain. The MASK token serves multiple purposes within the ecosystem, including governance, staking, and accessing premium features. Holders of MASK can participate in decision-making processes through the MaskDAO, a decentralized autonomous organization that oversees the development and direction of the project. 
Mask Network has also established Bonfire Union, a venture arm dedicated to supporting the growth of the decentralized social network ecosystem. Since its inception in 2022, Bonfire Union has raised $100 million across two funds and invested in over 120 projects, including notable Web3 initiatives like RSS3, Lens, and Scroll. These investments aim to foster innovation and collaboration within the decentralized internet space.  
The platform’s commitment to privacy and user empowerment is further demonstrated through features like MaskID, a decentralized identity system that aggregates users’ social media accounts and Web3 addresses. Additionally, Mask Network offers a dApp marketplace called D.Market, providing users with access to a variety of decentralized services directly from their social media platforms. 
In April 2025, Mask Network received a $5 million strategic investment from DWF Labs to accelerate its technical development and global expansion. This funding aims to enhance the platform’s infrastructure, improve cross-chain interoperability, and support the integration of high-frequency trading algorithms into Mask’s cross-chain routing protocol. 
Mask Network has also demonstrated a strong commitment to supporting the broader Web3 community. In early 2025, the project announced a $1.5 million donation to various Web3 platforms and prominent universities, aiming to promote the expansion and evolution of the decentralized ecosystem. Furthermore, Mask Network operates the Mask Network Academy, offering educational programs focused on advancing Web3 exploration and reporting. 
The platform’s innovative approach to integrating Web3 functionalities into existing social media platforms has positioned it as a leading player in the decentralized social networking space. By providing users with tools to control their data, interact with decentralized applications, and participate in governance processes, Mask Network is redefining the way individuals engage with the internet.  Read More
Data & Analytics
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