Mask Network, the protocol that allows users to send encrypted messages, cryptocurrencies and even dapps over Twitter and Facebook, announced a $2 million funding round Tuesday co-led by HashKey and Hash Global.
Other participants included Alameda Research, Sino Global and personal investors like Balaji Srinivasan, who touted the network back in September.
“Yes, you’re using Twitter, Facebook or eventually Reddit, but you’ll realize your picture and your file never existed on those platforms,” Mask Network founder Suji Yan told CoinDesk in an interview, translated from Mandarin.
The company recently engaged its Twitter community with random draws of 538 election-themed non-fungible tokens (NFTs). (The number of Trump and Biden cards issued mirrors the number of Electoral College votes each candidate ended up winning.)
“We got into this election NFT game to prove to more users that Web 3.0 can be used on Web 2.0,” Yan told CoinDesk.
The protocol currently has over 800,000 downloads