Mask Network users can trade on Uniswap via Twitter

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Mask Network users can trade on Uniswap via Twitter

By Hassan Maishera - min read
An image of the Twitter app

With this move, Mask is making it easier for traders to access market data and trade Ethereum-based tokens

Mask Network has announced the launch of a widget that allows people to trade cryptocurrencies on the Uniswap exchange without leaving Twitter.

This latest development comes as a result of the partnership between the Mask Network, Uniswap and Coinmarketcap. The new Mask widget displays a window with market data and an interface for trading on Uniswap. Users can access these via crypto asset tickers in Twitter posts.

Mask Network (formerly known as Maskbook) announced this latest development yesterday. In their tweet, Mask Network stated that they are excited by the launch of the widget and are looking to expand their trading services to other leading social media platforms, such as Facebook. Mask Network also intends to expand to other protocols in the decentralised finance (DeFi) sector.

Mask continues to expand services

Mask was launched in July 2019, with the company experiencing tremendous growth over the past year. It was initially founded to enable Twitter and Facebook users to encrypt their posts on the social media platforms to provide greater privacy.

Over the past year, the Mask Network has designed numerous widgets and applets. One widget allows users to detect all tweets that contain a Gitcoin URL. Thus, allowing users to make direct deposits via Twitter to fundraising campaigns  with a single click.

The firm is looking to release a new version of its Mask widget in 45 days. The new widget will come with several interesting features, such as portfolio analysis, yield aggregator and an ‘Initial Twitter Offering’. However, Mask is yet to explain what the features are or the benefits these would offer to their users.

Mask is also working on other services, such as token issuance, peer-to-peer payment and decentralised storage capability to Web 2.0 users. The team doesn’t intend to stop there as they believe that future versions of the widget can facilitate a rising market for social content using non-fungible tokens (NFTs).