✨ It also focuses on the social networking field and uses large-scale investments to complete its own ecological layout. In addition, its founding team was born out of Tencent.

It is hard not to associate Mask Network @realMaskNetwork's various styles of doing things with Tencent, the social giant in the WEB2 field, so Mask is often affectionately called "Little Tencent in the Cryptocurrency Circle".

Let’s analyze it today.$MASK How did it become today's WEB3 Little Tencent through step-by-step operations 👇🏻👇🏻👇🏻

1️⃣ Ecological layout
Mask Network's entry point is to build a bridge between Web 2.0 and Web 3.0, provide functions such as encrypted social information and currency transactions, connect WEB2 and WEB3, and smoothly bring the huge user base of WEB2 into the new world of WEB3.

At the same time, through its ecological investment fund Bonfire Union, it invests in many centralized social networks and infrastructure to improve its ecological layout related to the Social track. By the way, Mask has supported and invested in more than 120 projects, including some fast-growing Web3 projects.

2️⃣ Mask Network Core Functions

1/ Decentralized application integration:
Mask Network overlays decentralized functions on traditional network platforms through browser extensions or plug-ins. This allows users to directly access decentralized applications when using platforms like Twitter and Facebook.

2/ Enhanced Privacy and Security:
Mask Network provides encrypted messaging capabilities to ensure communication security and data privacy between users. In addition, the platform also provides decentralized identity management tools, allowing users to control their digital identities while maintaining anonymity and security.

3/ DeFi access within social platforms:
Mask Network integrates decentralized finance (DeFi) tools directly into social media platforms, allowing users to easily participate in DeFi services, access decentralized exchanges, or perform token swaps without leaving their favorite social interface.

4/ Blockchain interoperability:
Mask Network supports interoperability with multiple blockchains, allowing users to seamlessly interact with multiple decentralized applications and cryptocurrencies. Through this interoperability, users can seamlessly conduct transactions and participate in multiple blockchain ecosystems while using Mask Network's unified interface.

5/ Community-driven development:
Mask Network encourages community participation and developer involvement to continuously improve and innovate the ecosystem. Community feedback and contributions play an important role in enhancing Mask Network functionality and user experience, promoting a collaborative development environment.

3️⃣ Coincides with Vitalik’s vision for Social
Vitalik Buterin has stated many times that he is very optimistic about the WEB3 SocialFi track. In addition, Vitalik Buterin has a close relationship with Suji Yan, the founder of Mask Network.

Promoting the development of the SocialFi track is also their common goal, especially in the Ethereum ecosystem:

The relationship between Vitalik Buterin and Suji Yan:
Vitalik has a good relationship with Mask Network founder Suji Yan, and the two often communicate and talk. For example, they had a fireside chat in 2022.

Vitalik’s support for Mask Network:
Vitalik has repeatedly expressed his support for Mask Network products. In 2020, when Mask Network was still in its early stages, Vitalik supported its red envelope product. Four years later, Vitalik once again called for Mask Network's new product Firefly, which subsequently experienced explosive growth.

SocialFi track development:
At present, the development potential of the SocialFi track is huge. Farcaster's valuation has reached 1 billion US dollars, and Lens' valuation is 450 million US dollars. Vitalik often uses Mask Network's product Firefly @thefireflyapp to show his interest and support for the SocialFi track.

Common goal:
Vitalik and Suji Yan's common goal is to promote the development of the SocialFi track and revive the Ethereum ecosystem through this track. They hope to bring the SocialFi track to new heights through continuous product innovation and iteration, and ultimately achieve the official takeoff of the entire track.

✨ Everything is ready, only the east wind is missing
There is no shortage of money or popularity. The good relationship between Vitalik and Mask Network's founder Suji Yan, as well as their common commitment to the SocialFi track, heralds the explosive growth and development potential of this field in the future.
As a regular soldier deeply engaged in the social field, Mask has unlimited prospects.

#socialfi $ETH #MASK