🖼️ 💬 Unipcs (aka 'Bonk Guy') 🎒 Quoted @theunipcs

Nullmask / $MASK: the most underrated privacy coin of the cycle

$MASK is currently sitting at around $23.5m market cap ($40m FDV, with 40% of supply out of circulation and 2.16% already burnt)

i believe Nullmask is by far the most underrated privacy coin in all of crypto, and i'll explain why in this thread

let's start by looking at the top privacy coins and their market caps:

• ZCash / $ZEC: $21 BILLION market cap
• $NEAR: $6.8 BILLION market cap

these two have been by far the biggest gainers in the top 50 cryptocurrencies over the past year, and it's not even close!

if it isn't already obvious, both have run hard (and continue to run) on the PRIVACY narrative

but what's impressive isn't just their gigantic market caps

it's how much they've added in the past year alone:

• ZCash added $18 BILLION to its market cap
• NEAR added $4.3 BILLION to its market cap

all before the bull run has properly started

so how does this affect Nullmask / $MASK?

the incredible runs ZEC, NEAR, and other privacy coins have had have established beyond reasonable doubt that this is the privacy cycle

and i believe Nullmask is going to win big because it sits right at the heart of this narrative, with several key advantages that many much bigger privacy coins don't have

let's start with the PRODUCT

Nullmask makes private transactions possible across EVM chains and Solana in the most normie-friendly way imaginable

you can use your existing wallets (MetaMask, Rabby, Phantom, etc.) the same way you normally would, while enabling private transactions across major ecosystems like Ethereum, BNB, Base, Robinhood, and Solana

yes, you read that right

you don't need to learn how to use a new wallet, create a new seed phrase or private key, learn to navigate a complicated new blockchain, or deal with any of that nonsense

you can activate Nullmask's privacy capabilities on your existing crypto setup in just a few clicks

all you need to do is activate Nullmask's custom RPC and let its 'virtual private network' shield your transfers using zero-knowledge proofs

i'm simplifying the technical details to make this as normie-friendly as possible, but that's the gist of it

and this isn't just speculative stuff: Nullmask is already LIVE & WORKING on Ethereum, BNB, Base, and Robinhood

you can actually use the product and verify that it works!

but i'm bullish on $MASK for more than just the product

TOTAL ADDRESSABLE MARKET (TAM)

what makes Nullmask so incredibly bullish and underrated isn't just how impressive the product is, but the size of its total addressable market

i've never used the ZCash or NEAR blockchains, and the same is true for tens of millions of users across Solana, Robinhood, Base, BNB, and Ethereum

yet ZCash and NEAR have market caps of approximately $21 BILLION and $7 BILLION, respectively

the average crypto user may never touch the ZCash or NEAR blockchains, but they're already using Ethereum, Robinhood, BNB, Solana, and Base

and Nullmask caters to those users

this begs the question:

what is fair value for Nullmask when ZCash and NEAR are both trading at multibillion-dollar valuations?

LET'S TALK ABOUT THE TEAM

when a protocol promises something as ambitious as Nullmask does, you obviously want to know who's building it and whether they're capable of delivering

Nullmask is built by several ZCash contributors, led by Tomas Krnak

Tomas Krnak helped build shielded ZCash transactions for hardware wallets. his work was funded by the ZCash Foundation and merged into the main ZCash protocol itself

i should also add that the lead dev is doxxed and regularly participates in live interviews!

PARTNERSHIPS & INTEGRATIONS

we've established that the team has serious credentials in the privacy space and that the product is already live and working

but what about partnerships, integrations, and endorsements?

here's a list of industry players Nullmask has collab…