Mask Network

About

Mask Network is the Portal to the New, Open Internet.

Singapore,Central Region,Singapore
101 - 250
https://mask.io

Highlights

Details

Last Funding Type: Series Unknown
Industries: Blockchain,Cryptocurrency,Privacy,Security,Social Network,Software
Founded date: Dec 1, 2017
Number Of Employee: 101 - 250
Operating Status: Active
Investor Type: CVC

Mask Network build the bridge between Web 2.0 (Platforms such as Twitter) and Web 3.0 - By letting users send encrypted messages to friends, send and receive cryptocurrency and share files, and interact with DApps, all on a decentralized level. Mask Network offers the ability to fund Gitcoin grant campaigns directly from Twitter, as well as plans to offer p2p payments and decentralized storage functionality. It is a decentralized portal that also allows users to use DApps like crypto payments, decentralized finance, decentralized storage, e-commerce (digital goods/NFTs) and decentralized organizations (DAO) over the top of existing social networks without migrating, creating what is referred to as a decentralized Applet (DApplet) ecosystem.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

12

$48.85M

Mask Network has raised a total of $48.85M in funding over 2 rounds. Their latest funding was raised on Apr 14, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 14, 2022	Series Unknown	—	1	Hard Yaka	—	Detail
Oct 28, 2021	Series Unknown	—	2	Arweave	—	Detail
Sep 19, 2021	Series Unknown	—	1	Protocol Labs	—	Detail
Apr 1, 2021	Series Unknown	—	1	Binance	—	Detail
Feb 28, 2021	Funding Round	$42M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

31

4

Mask Network has made 31 investments. Their most recent investment was on Dec 14, 2022, when Nametag raised $2M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 14, 2022 Nametag	Seed	$2M	Cryptocurrency	—
Sep 21, 2022 0xScope	Seed	$3M	Data Integration	—
Sep 9, 2022 KNN3 Network	Seed	$2.40M	Blockchain	—
Jun 27, 2022 Azuro	Seed	$4M	Blockchain	—
May 3, 2022 Decrypt	Series Unknown	$10M	Bitcoin	—

Investors

Number of Lead Investors

Number of Investors

7

22

Mask Network is funded by 22 investors. Hard Yaka and Arweave are the most recent investors.

Investor Name	Lead Investor	Funding Round
Hard Yaka	Yes	Series Unknown
Arweave	Yes	Series Unknown
Protocol Labs	Yes	Series Unknown
Binance	Yes	Series Unknown
Hashkey	Yes	Series Unknown
FREES FUND	Yes	Angel
Dapper Labs	—	Series Unknown
Animoca Brands	—	Series Unknown
Digital Currency Group	—	Series Unknown
Erik Trautman	—	Series Unknown