DWF Labs, a cutting-edge Web3 market maker and investor, has recently announced an exclusive collaboration with Mask Network, a well-known decentralized social networking platform. The partnership aims to grow decentralized social infrastructure and advance the overall Web3 ecosystem. The platform disclosed this endeavor on its official social media account.
DWF Labs Joins Mask Network to Improve Web3 Social Experiences
With this partnership with Mask Network, DWF Labs intends to provide efficient tools to strengthen consumers by enabling a seamless access to Web3 experiences. They take into account NFTs, decentralized finance, and encrypted messaging, while establishing a bridge with the conventional social platforms. With its venture entity Bonfire Union, and worldwide grant programs, Mask Network has supported more than 100 Web3 social projects, creative content, and infrastructure over the recent 3 years.
DWF Labs’ Managing Partner Andrei Grachev also commented on this development. Grachev asserted that Web3 social serves as the foundation of a relatively consumer-led and open internet. In this respect, Mask Network has been consistently making significant endeavors to contribute to this sector. Moreover, the latest collaboration is a notable step in scaling the DeFi access to fortify creators and drive the broader digital interaction.
Driving Consumer Sovereignty, Social Infrastructure, and Digital Autonomy
As per Mask Network’s Founder, Suji Yan, the partnership intends to expand the adoption of the composable and permissionless technologies. As included in this development, DWF Labs is becoming a part of the Mask Network supporters that include Protocol Labs, HashKey Global, and Arweave. This initiative contributes to the mutual efforts of both the firms to advance user sovereignty, social infrastructure, and digital autonomy.
Overall, both the platforms aim to strengthen creators with significant rewards and let consumers control data while ensuring free value flows across trustless ecosystems.
