Mask Network is making significant strides in the cryptocurrency and social media space with a series of strategic moves. The protocol, known for enabling encrypted messaging and cryptocurrency transactions on platforms like Twitter and Facebook, has recently acquired Pawoo.net, a major Mastodon server, indicating its commitment to expanding its social media footprint. Additionally, Mask Network has secured a $2 million funding round backed by prominent investors such as HashKey and Hash Global, which will likely bolster its development and market presence.
Despite facing challenges, including a suspected hack involving its founder's wallet, Mask Network continues to innovate and grow. The company is preparing to airdrop $30 million worth of tokens and has launched Uniswap trading via its Twitter extension, with plans to introduce an NFT marketplace. These developments, alongside its ability to post gains despite Bitcoin's downtrend, underscore Mask Network's resilience and potential to influence the intersection of social media and cryptocurrency markets.
MASK Network's Bold Moves: A New Era for Decentralized Social Media
October 10, 2025
1 min read
Mask Network is making significant strides in the cryptocurrency and social media space with a series of strategic moves. The protocol, known for enabling encrypted messaging and cryptocurrency transactions on platforms like Twitter and Facebook, has recently acquired Pawoo.net, a major Mastodon server, indicating its commitment to expanding its social media footprint.