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What is MASK coin? Introduction to the issue price, total amount and white paper of MASK coins

MASK Coin, powering the decentralized Mask Network, enables encrypted messaging and content sharing on platforms like Twitter and Facebook while maintaining privacy and community governance.

Oct 23, 2024 at 09:48 pm

MASK Coin: A Comprehensive Overview

1. What is MASK Coin?

MASK Coin (MASK) is an Ethereum-based token that powers the Mask Network, a decentralized social media platform that enables users to send encrypted messages and share content on top of existing social media platforms.

2. Issue Price and Total Supply

Issue Price: $0.10 (USDC)
Total Supply: 100,000,000 MASK

3. White Paper

The MASK Coin white paper was published on September 11, 2020, outlining the project's vision, technology, and tokenomics.

Key Features:

Encrypted Messaging: MASK allows users to communicate securely on social media platforms by encrypting messages with their private keys.
Content Sharing: Users can share text, images, and videos on the Mask Network, while maintaining privacy through its decentralized architecture.
Social Voting: MASK holders can participate in governance and voting decisions within the Mask Network community.
Economic Incentives: MASK tokens are used for network fees, rewarding user contributions, and incentivizing platform participation.

4. Use Cases

Secure Social Media: Send and receive encrypted messages on platforms like Twitter, Facebook, and Instagram.
Content Publishing: Share and monetize content while maintaining privacy and ownership.
Community Governance: Participate in decision-making and shape the future of the Mask Network platform.

5. Current Value and Trading

As of today, February 28, 2023, MASK Coin is trading at the following prices on major exchanges:

OKX: $0.864
Binance: $0.863
LBank: $0.862
Coinbase: $0.855
Huobi Global: $0.853

Conclusion:

MASK Coin is an innovative and important project in the decentralized social media landscape. With its focus on privacy, user control, and community governance, it offers a compelling alternative to traditional social media platforms. The token has a strong use case and is actively traded on major exchanges, making it an attractive investment opportunity for those interested in the future of social media.

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