The issuance price and total issuance of MASK coins are understood in one article

The MASK token, issued at a price of $0.05 during its public sale, has a maximum supply of 10 billion tokens, with specific allocations for team, advisors, foundation, ecosystem, operations, partnerships, and liquidity provision.

Oct 26, 2024 at 08:18 am

MASK Token: Issuance Price and Total Supply

1. Issuance Price

The MASK token was issued at a public sale price of $0.05 on May 27, 2021.

2. Total Issuance

The maximum total supply of MASK tokens is 10 billion, with the following initial distribution:

Public Sale: 25% (2.5 billion tokens)
Team and Advisors: 20% (2 billion tokens)
Foundation: 15% (1.5 billion tokens)
Ecosystem Reserve: 10% (1 billion tokens)
Marketing and Operations: 10% (1 billion tokens)
Partnerships: 10% (1 billion tokens)
Liquidity Provision: 10% (1 billion tokens)

Additional Information:

The tokens held by the team and advisors have a lock-up period of 12 months.
The Foundation tokens are reserved for long-term development and growth.
The Ecosystem Reserve is intended to support the adoption and growth of the Mask Network ecosystem.
The Marketing and Operations tokens are used to promote the project and support its growth.
The Partnerships tokens are allocated for strategic partnerships and collaborations.
The Liquidity Provision tokens are used to ensure sufficient liquidity on exchanges.

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