We are thrilled to announce that Mask Network has received the strategic investment from Binance, the world’s leading cryptocurrency exchange. This strategic investment is part of Binance’s $100 million accelerator fund for developers to build blockchain projects on Binance Smart Chain and Mask Network will work closely to build the Multi-Chain Universe.
Since its first launching in 2018, Mask Network has been creating a decentralized applet (DApplet) ecosystem and positioned itself to be the bridge that connects internet users from Web 2.0 to Web 3.0. It integrates decentralized social messaging, borderless payment network, decentralized file storage and sharing, decentralized finance, DAO and NFT to provide a safe and convenient portal for users to jump right into the continent of decentralized finance and then the new world of Web 3.0.
As the leading blockchain and cryptocurrency infrastructure provider behind the world’s largest digital asset exchange, Binance has been dedicated to the development of the blockchain industry for a long time. Through this investment, Mask Network will be able to speed up with the Multi-Chain development, push Mask Network’s ecosystem building, in order to provide a more high-quality, user-friendly product for Internet users around the world and level up their using experience.
Binance and Mask Network have reached an agreement on the Multi-Chain building. Both parties will promote the development of the new, open internet and create a Web 3.0 Multi-Chain Universe with joint hands.
“We have already reached collaborations with many outstanding projects in the process of building the decentralized ecosystem, and we really appreciate all these amazing institutions and organizations for their trust and supports. We believe this strategic investment from Binance will speed up our development of the multi-chain universe, and further introduce more traditional internet users into Web 3.0.’’ said Suji Yan, founder and CEO of Mask Network.
Binance is the world’s leading blockchain ecosystem, which aims to promote the global development of blockchain and the free circulation of currency. The Binance ecosystem is formed by Binance (leading cryptocurrency exchange platform); Binance Labs (risk investment and incubator); Binance Launchpad (encrypted asset selling platform); Binance Academy; Binance Research; Binance Charity(a non-profit organization based on blockchain technology); Trust Wallet (Binance’s official multi-currency wallet and DApps browser); and Binance Smart Chain (blockchain software integration initiated by Binance community).
About Mask Network
Mask Network is the core product of Dimension, which is positioned to become the bridge that connects internet users from Web 2.0 to Web 3.0. The foundational technology of Mask Network is a peer to peer encrypted messaging application, with new functions continuously being created around this foundation. We at Mask Network are strong believers in the ownership economy. People should own what they produce, people should own their data, their attention and the virtual space they choose to contribute to.
Mask Network integrates decentralized social messaging, borderless payment network, decentralized file storage and sharing, decentralized finance, DAO and NFT to provide a safe and convenient portal for users to jump right into the continent of decentralized finance and then the new world of Web 3.0.
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