Key Point:
Social Coop Limited, an entity affiliated with Mask Network has acquired Pawoo.net, one of the largest instances on social media site Mastodon.
Japan-based With almost 800,000 users, Pawoo is Mastodon’s second-largest instance—another word for an internet server.
Since Elon Musk took over Twitter in October, Mastodon’s popularity has grown quickly.
According to a blog post, Pawoo.net, one of the biggest instances on the social media platform Mastodon, has been purchased by Social Coop Limited, a company connected to Mask Network, a protocol that enables users to conduct encrypted communications and cryptocurrency transactions across social media.
Starting on December 21, 2022, the new team will take over the management of Pawoo.net with no interruption to current users.
Pawoo, the second-largest instance of Mastodon, has been running since 2017 from Japan. Since its launch, it has attracted people from all around the world, including artists, fans of anime, writers of novels, and music lovers. With its 800,000 users, Pawoo has established itself as a “place to enjoy creative activity and unfettered communication.”
Since Elon Musk took over Twitter in October, Mastodon’s popularity has grown quickly. During a Wednesday Twitter space, Musk acknowledged that his contentious move to ban users who promoted Mastodon and other social media platforms “was a mistake.” He wondered about stepping down as head of Twitter.
Despite having features similar to Twitter, Mastodon lets individuals create their own social networks and control how they run and what their users may publish. Mask team produced the first official app for Mastodon in collaboration with the Mastodon core building team and NYC-based design studio Lickability. Mask team also maintains two of the most popular instances of Mastodon, mstdn.jp, and mastodon.cloud.
Pawoo, a significant Mastodon instance, will have lots of room to expand. The new operating team is hoping to be a major force behind the company’s future expansion. The group thinks that the decentralized infrastructure and apps are progressing quickly toward a free and open Internet. Future decentralized social networks, such as Pawoo, will be crucial in this effort to create a new, open internet.
According to Coincu, MASK, the native token of the Mask Network, is presently trading at $2.27 after falling by 1.3% over the previous 24 hours.
MASK daily chart. Source: Coincu
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Harold
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