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How do Mask Network founders see the future of NFT and SocialFi tracks?

Read this article in 14 Minutes
Web3.0, the metasverse, and SocialFi are the key directions that Mask Network has been pursuing, and currently Twitter is Mask's main battleground.
Original title: "Before Twitter layout of NFT track, Mask Network founder Thinks how to Give Web3.0 personality image"
Karen, ChainNews



In addition to its recent announcement of support for bitcoin reward creators, social giant Twitter also said it is exploring NFT display features in hopes of gaining a piece of the hot NFT market.


While the market was looking forward to Twitter's NFT presentation capabilities, Mask Network was already leading the NFT and SocialFi circuit with a plugin, It has a variety of features, including sending and receiving red packets on Twitter, sending encrypted tweets, and showing and buying NFT.


Mask Network is doing much more than that. In addition to going online at the beginning of this year to identify and showcase NFT features of platforms like OpenSea in Twitter, Mask also recently introduced NFT Gallery (NFT Wall), NFT Avatar (NFT Avatar), AND NFT red envelope functions. It also introduced NFT Avatar functions for some users, and may even support NFT to fight monsters in the future. Experience the cool pokemon function similar to QQ pet.


先于 Twitter 布局 NFT 赛道,Mask Network 创始人畅想如何赋予 Web3.0 人格形象


"The CURRENT NFT is as revolutionary as the Renaissance is in the history books, and Mask Network is all about making it easy for more people to participate." Suji Yan, founder and CEO of Mask Network, explained his vision of the NFT market and his goals for Mask Network. For the future, Suji has a bold vision.


Mask Network: NFT product leader


Web3.0, metasurverse and SocialFi are the key directions Mask Network has been pursuing, which is why Mask wants to reach more and more people through an easy-to-use way to easily engage and connect the vast audience of traditional social media users in real life. At present, Twitter is the main battlefield of Mask.


Since its establishment in 2017, Mask Network focuses on adding functions related to decentralized applications on Twitter through plug-in mode. At present, Mask Network plug-in has realized a relatively closed-loop full set of processes on Twitter. These include Posting encrypted tweets, supporting multi-links, sending red packets, Gitcoin donations, integrating messaging platforms like CoinGecko and CoinMarketCap, and accessing decentralized apps like Uniswap, SushiSwap and QuickSwap.


In terms of NFT, in addition to previously supported purchases of NFT via OpenSea and Rarible or participation in NFT auctions, recognition and display of URLs of works on NFT marketplace platforms, and purchase of NFT tweets on Valuebles, Mask Network has obviously accelerated its layout recently. First, it launched the Twitter NFT Gallery function. After users install the new version of Mask, they can add the Ethereum wallet address or ENS domain name to Twitter Bio. You can display the NFT in your wallet on your Twitter Profile page and browse the NFT collections of other users who have filled in their Ethereum address or ENS domain name in bio.


先于 Twitter 布局 NFT 赛道,Mask Network 创始人畅想如何赋予 Web3.0 人格形象

View digital artist Pak's NFT collection directly on Twitter via the Mask plugin


Many of the current Big Vs or regular NFT owners on Twitter swap their avatar for an NFT they own, such as penguin, pet cat, CryptoPunks, etc., and use that avatar as their personal avatar. With this in mind, Mask Network has also introduced another promising feature called NFT avatar. Users can select an NFT they own as their Twitter avatar. Currently, avatar feature is only available to some kols, but if a KOL has an NFT avatar, This is visible to all users who have the Mask plug-in installed. This feature will be updated and available to all users in the future.


The NFT avatar is not a simple JPG format, but is replaced by the NFT in the user's wallet. The NFT avatar is verified by the relevant badge and the current NFT avatar's authenticity and price information, and clicking on the NFT avatar leads to a direct link to the OpenSea NFT page.


先于 Twitter 布局 NFT 赛道,Mask Network 创始人畅想如何赋予 Web3.0 人格形象

NFT portrait of Matt Hall, founder of CryptoPunks developer Larva Labs


Integrating NFT services and file sharing on social platforms requires storage infrastructure. To that end, Mask Network allows users to use decentralized file storage services directly on Twitter and Facebook, currently Arweave, and later IPFS, Sia, and Swarm. In addition, Mask Network is actively cooperating with or investing in other storage, storage acceleration Network Meson and on-chain content protocol RSS3 projects to increase the construction of their underlying infrastructure and expand application scenarios.


先于 Twitter 布局 NFT 赛道,Mask Network 创始人畅想如何赋予 Web3.0 人格形象


Notably, In August, Bluesky, a decentralized social network funded by Twitter founder Jack Dorsey, was run by Early Zcash developer Jay Graber, Mask Network and 11 other projects became Bluesky's first community recommendation projects.


Mask moves frequently, how does the founder imagine the future?


Mask Network also recently purchased CryptoPunk #6128 for 159 ETH and deposited this CryptoPunk and two other Loot assets into MaskDAO. The team also purchased other NFT such as MoonCat. According to Suji's vision, "Mask Network will be completely decentralized in the future. This Punk or any other person who buys Mask will become the virtual spokesperson in a few years, or replace me as THE CEO of Mask. It can be changed every few years."


According to Suji, members of the Mask Network team bought Loot at an early age. Suji explained that Loot comes with gear, and later Punk can wear skin gear to fight monsters with rocks, pet cats, or penguins.


With NFT avatars that can be verified, Suji says the Mask Network ecosystem is also planning to launch a pokemon feature that will mirror QQ Pets, allowing users to "hang out" on their Twitter pages with Loot gear. You can also visit other Twitter users' pages and steal food. You can also interact with two Twitter avatars with the little monster NFT.


Suji is excited about the future of Mask, and while it may sound a little unrealistic at the moment, it's worth looking forward to the opportunities and revolutionary effects of the avatars.


Suji's expectations for the NFT market


Every area -- market sentiment, perception, and economics -- is more or less cyclical. It took NFT less than six months from its official launch in March and April to its explosive growth in August. However, the popularity of NFT has declined recently. Let's take a look at Suji's thoughts on NFT and his expectations for the future.


In Suji's view, "The NFT market is still in its early stages, and while it is uncertain whether it will end up as a bubble, it is far from peaking. The value judgment should not be based on market sentiment alone. The decline of short-term heat does not affect the future development trend at all. NFT may have 10 times, 100 times or even a thousand times more space in the future."


Suji also contrasts NFT with the Renaissance, both of which were revolutionary, that is, there was a small group of people who wanted to change the current ideology and push for social evolution, but the revolutionary nature of NFT was diluted or hidden by the market. In addition, Suji shared his experience at the Singapore Digital Economy Forum in August on developing blockchain and the digital economy, which was also attended by Zhao Changpeng, Vitapk Buterin, Three Arrows Capital CEO Su Zhu, Wu Ji Han and a number of Singapore politicians. There were people on the sidelines buying CryptoPunk and wearing T-shirts with rainbow cats, which Suji says speaks to the fact that there are a lot of people in the space who are very bullish on the metasomes.


summary


Currently, Mask Network has formed an integrated ecosystem covering DeFi, NFT, storage, tools, transactions and privacy, with more than 50 ecological projects. With the addition and iteration of Mask Network plug-in functions, the extension of plug-in functions to more social platforms in the future, as well as the concept of decentralization and open source, it will effectively affect more and more Internet users and promote the evolution and innovation from Web2.0 to Web3.0.


The realization of NFT display and avatar functions, as well as the imagination of giving NFT personality roles and even making it into the EXCLUSIVE IP of CEO, will not only promote the further improvement of the overall value of NFT, but also promote the realization of a real meta-universe, that is, a virtual world parallel to the real world.


In the future, we are bound to enter a new Web3.0 world, and Mask Network is ahead of Twitter in the forward-looking layout of NFT track, which will serve as middleware and one-stop portal to directly participate in NFT and DeFi, bypassing complex infrastructure. The ability to leverage Twitter's huge user base to make subtle and quantitative changes without changing the habits of ordinary users.


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