Komal Joshi · Oct 24, 2020 . 6min read
Mask Network Enables Trading on Uniswap Without Leaving Twitter
Mask Network has introduced a widget enabling Twitter users to trade on Uniswap without leaving Twitter, thus expanding the DeFi ecosystem.
By Komal Joshi · Sep 25, 2020 . 6min read
Today, Mask Network has launched a trading widget enabling Twitter users to access market data, powered by Uniswap and CoinMarketCap. It also allows the trade of Ethereum-based crypto assets without leaving the platform. The Mask widget brings up a window highlighting market data and an interface for trading on Uniswap when users flutter the mouse pointer over crypto asset tickers in posts. Taking the first step towards the widget Mask Network combined with Arweave, a decentralized storage network. Further, with this, users can transfer files stored on Arweave to colleagues through Twitter and Facebook.
“Today we are thrilled to introduce a new version of #Mask with a trading widget powered by Uniswap & CMC. It will automatically pop up whenever your mouse hovers on a “$+ticker” like $ETH or $UNI. Users can now view token price and trade with Uniswap without leaving Twitter!”Maskbook, Twitter
Mask Network to expand the DeFi Ecosystem through Social Media
Mask Network, known initially as Maskbook, is a portal that allows users to seamlessly send encrypted messages, cryptocurrencies, and even DApps (Defi, NFTs, DAO) over the top of social networks without migrating, and thereby creating a decentralized Applet(DApplet) ecosystem. It aims to bridge Web2 and Web3, to empower the general public to use the better web within the current mainstream platforms, without using any API or centralized server.
Mask Network said it hopes to expand the service to other famous social media sites and other protocols in the DeFi ecosystem. Mask has come a long way considering its initial launch in July 2019. Moreover, earlier, its widget was designed to allow Twitter and Facebook users to encrypt posts on the platforms.
Mask has since developed several applets. This includes a characteristic that identifies all tweets carrying a Gitcoin URL. It allows readers to make direct deposits to a grant campaign in one click without leaving Twitter. A new version of Mask is up for release in 45 days. However, this will bring a yield aggregator, portfolio analysis, and ‘Initial Twitter Offering’ features to the widget.
The widget also plans to provide peer-to-peer payments, token issuance, and decentralized storage functionality to Web 2 users. Additionally, the team is also targeting the e-commerce sector. It prophesies that future versions of the widget will advance a booming market for social content in the form of non-fungible tokens.
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Billion-dollar blockchains including Bitcoin forks, Tezos and Ripple only reported less than $1,500 transaction fees combined
Atleast 7 among other blockchains it reports in terms of fees worth a combined $25 billion only generated less than $1,500 in transaction fees.
Victor Ugochukwu · Oct 22, 2020 . 6min read