Mask Network ITO Announcement: Loopring

2021-01-09

Since the announcement of the ITO feature, we have received numerous inquiries and requests to join the first batch of Twitter offerings. After some careful consideration, we have decided to partner with Loopring for the first-ever Initial Twitter Offering! A few more projects are also waiting in the queue.

(Note that Mask Network’s Twitter Offering is a brand-new way of token issuance and swapping. Its permissionless nature allows anyone to launch offerings at any time without leaving Twitter.)

ITO Details

About Loopring

Loopring is an Ethereum zkRollup protocol for scalable, secure exchanges & payments. Loopring builds non-custodial, high-performance products atop our Layer-2 protocol, including the Loopring Wallet — a mobile Ethereum smart wallet, and the Loopring Exchange — order book and AMM with no gas-fees.

$LRC will be available to purchase on Twitter @realmaskbook on Sunday, January 10 13:00 (UTC-5). The price of the Loopring ITO will be based on the $LRC price at the moment the offering begins, with a 30% discount.

Token Type: ERC20

Symbol: LRC

Quote Tokens: USDT, USDC, DAI

Offering Value: ～$50,000

Limit per address: ～$500

Start time: 2021.1.10 13:00 (UTC-5)/ 2021.1.11 02:00 (UTC+8)

End time: 2021.1.10 21:00 (UTC-5)/2021.1.11 10:00 (UTC+8)

ITO will last for 8 hours, and the swap is first come first served.

Read this article for a thorough introduction of the Initial Twitter Offering.

A new chapter of Mask Network — ITO:

https://masknetwork.medium.com/a-new-chapter-of-mask-network-ito-aa8182a0badc

How to participate in an Initial Twitter Offering?

-Download Mask

Download and Install Mask at http://mask.io. You can also search Mask in the Chrome or Firefox extension store.

-Onboarding Mask Network

New users can follow the instructions on setup. Create a new persona → connect with a Twitter account.

Mask Network will automatically jump to the Twitter page and detect your username. Confirm your username and click “Connect to twitter.com”.
Now you can say hi to your friends! Just click “Compose Encrypted Post” and choose who can decrypt your post.

-Set up Wallet

Mask will automatically create a new wallet address for new users. Click the Blue Mask Icon on the top right corner. → Click “Enter Dashboard” → Click “Wallet“ to view your wallet. Remember to back it up.
Mask supports importing other wallets. Again, Click the blue smiley face on the top right corner. → Click “Connect Wallet”. → choose “Metamask” or “Wallet Connect” to connect with your daily wallet.

- ITO

Find the ITO tweet on Twitter(@realmaskbook). Click “Enter”.

Sample

Review the Swap Reminder carefully and click “I understand”→ Click “Continue”.

Sample

Enter the amount you want to buy and click “Enter”→Confirm your transaction.

Sample

After the transaction is confirmed, you will see a successful page and also you can check your assets on the Mask Dashboard.

Sample

Isn’t that cool? Come and join the first-ever Initial Twitter Offering!

We hope ITO could be another pivotal step to bring true financial freedom to the general public.

P.S. You can also create an ITO of your own. We are expecting more individuals and projects to join us and enjoy offering your token directly on Twitter!