Mask Network announced the acquisition of Nametag, a decentralized identity and gaming extension. This strategic acquisition strengthens Mask’s growing ecosystem.
“Integrating Nametag into the Mask ecosystem marks an important milestone in our journey to provide a comprehensive decentralized identity solution,” said Suji Yan, Founder of Mask Network. “Nametag’s cutting-edge technology in the DID space and its vibrant user base will enable us to advance Web3 identity management and create a seamless experience for our users as we migrate our products to Layer 2.”
Nametag is a decentralized identity extension platform that has been developing rapidly in the DID space. The platform allows users to create and manage personalized tags on social platforms, adding a gamification element to identity management. Nametag has integrated nearly 100,000 accounts on major platforms such as Google, X platform and Discord. Its Chrome browser extension and product lines such as "Tagify" and "Nametag Genesis" provide users with greater flexibility, control and security. #zachxbt
