Mask Network has launched a trading widget allowing Twitter users to trade on Uniswap, access market data, and trade Ethereum-based crypto assets without leaving the social platform.
It has been reported that the new Mask widget, powered by Uniswap and CoinMarketCap, brings up a window featuring market data and an interface for trading on Uniswap when users hover the mouse pointer over crypto asset tickers in posts.
However, on September 24, the new widget announced in a Tweet thread that Mask Network (formerly known as Maskbook) said it hopes to expand the service to other popular social media sites such as Facebook as well as other protocols in the decentralized finance (DeFi) ecosystem.
According to the report, Mask has come a long way since its initial launch in July 2019. Back then its widget was designed to enable Twitter and Facebook users to encrypt posts on the platforms.
Mask has since developed a number of ‘applets,’ including a feature that detects all tweets containing a Gitcoin URL to enable readers to make direct deposits to a grant campaign in one click without leaving Twitter.
Furthermore, a new version of Mask is slated for release in 45 days, bringing a yield aggregator, portfolio analysis, and ‘Initial Twitter Offering’ features to the widget. They are yet to explain what that is.
Also, there are plans for the widget to offer peer-to-peer payments, token issuance, and decentralized storage functionality to Web 2 users.
Thus, the team is also eying the e-commerce sector, predicting that future versions of the widget will facilitate a booming market for social content in the form of non-fungible tokens (NFTs).