Mask Network, a platform that connects Web3 with social media, recently announced an innovative staking program, triggering a surge in the price of MASK tokens by more than 30%. The program is designed to incentivize token holders and strengthen the Mask Network ecosystem through rewards from strategic partners.
What is Mask Network and MASK Token?
Mask Network is a protocol that allows users to send encrypted messages, participate in crypto sweepstakes, and share encrypted files on social media. The MASK token is a crypto asset that is part of the Mask Network.
The MASK token is used as a governance token within the Mask Network ecosystem, giving its holders the right to vote on proposed changes and updates within the network by depositing tokens to exercise governance rights.
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Community Beneficial Staking Programs
With this new staking program, Mask Network demonstrates its commitment to empowering users and collaborators. Program participants have the opportunity to earn additional tokens from key partners, deepening their involvement in the growing blockchain ecosystem.
Influence on Ecosystem and Price
The announcement of the staking program has had a positive impact on the value of the MASK token, which had reached $5,248 (Rp82 million). This increase reflects a significant growth in trading volume, of more than 400%. However, there was a small drop after investors took profits, indicating responsive market dynamics.
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Conclusion
This Mask Network initiative marks an important step in the evolution of the Web3 ecosystem, offering new opportunities for stakeholders to participate in the decentralized digital economy. With strong support from the community and partners, Mask Network continues to strengthen its position as a key player in the Web3 space.
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How to Buy Network Mask (MASK) on Bittime
You can buy and sell Mask Network (MASK) in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Mask Network (MASK) is available on Bittime with the MASK/IDR market pair. To be able to buy MASK IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Mask Network (MASK) on Bittime.
Monitor the price chart movements of Mask Network (MASK), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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