Mask Network partners with TON
Mask Network partners with TON Blockchain and invests in it to further build a decentralized social network ecosystem.
Mask Network, one of the world’s leading decentralized social networks, has announced an investment in The Open Network (TON) to further develop its ecosystem at large and provide innovative solutions for people across networks.
Founded in 2017, Mask aims to build an easy-to-use bridge between Web2 and Web3-era decentralized apps. Mask is one of the earliest community members of the Bluesky protocol founded by Jack Dorsey, and the Mask team maintains the most active instances of Mastodon.
“Mask’s dream is to achieve a new and open internet through building and growing the decentralized social network ecosystem”— Suji Yan, founder of Mask
TON is a revolutionary technology that seeks to unite all blockchains and the Web2 Internet into one open network. Designed by Telegram to onboard billions of users into Web3, TON has been run as an open-source community project since 2020. With strong social functions, TON’s goal is to transform communities into economies.
In December 2022, The Verge wrote about Telegram’s newly released Fragment platform, which Telegram CEO Pavel Durov called “an amazing success” by selling anonymous numbers, as it gained them more than US$50 million in sales in less than a month. The fragment is built upon the TON blockchain, allowing users to obtain an anonymous number purchased via blockchain technology with payment in Toncoin.
Mask Network’s Beliefs
Similarly, Mask believes in the ownership economy. Mask’s own Next.ID is a powerful open-sourced protocol that connects and authenticates people’s digital footprints while giving them full ownership of their identities. Powered by Next.ID, Mask’s Web5.bio can provide a list of relevant identities when people are searching for any Twitter handle, Ethereum address, ENS domain, or Lens Profile.
Similarly, Mask believes in the ownership economy. Mask’s own Next.ID is a powerful open-sourced protocol that connects and authenticates people’s digital footprints while giving them full ownership of their identities. Powered by Next.ID, Mask’s Web5.bio can provide a list of relevant identities when people are searching for any Twitter handle, Ethereum address, ENS domain, or Lens Profile.
There is a shared synergy between the two revolutionary groups’ visions. The mask will look to achieve deeper integration and provide DID solutions for their combined communities and beyond, contributing to the future decentralized social networks ecosystem.
Mask’s Vision and Ambition
Mask’s ambition is to become the Web3 social conglomerate building for the first billion people in Web3. With accumulated funding of US$100 million, the Mask team has strategically invested in decentralized social networks, infrastructure, and creative content. Besides building on TON, Mask has acquired Pawoo.net, one of the largest Mastodon instances, and has recently taken over the team of trendy NFT protocol RARA Social.
ABOUT Mask Network
Mask Network is a leader in the vibrant decentralized social network ecosystem. In 2019, the Mask extension started supporting Twitter users with secure, decentralized social messaging, payment networks, file storage, and sharing on mainstream social media networks. The mask has strategically invested in decentralized social networks, infrastructure, and creative content to make Web3 more accessible to all.
