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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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