Home web3.0 The total amount of mask coins issued

The total amount of mask coins issued

Apr 29, 2024 am 11:09 AM
mask coin

The total issuance of MASK coins is 100,000,000, of which 50% is allocated to the community, 20% each to the team, consultants and investors, and 10% to the ecosystem fund. The circulating supply is approximately 38,000,000 tokens, with the remaining tokens to be released in phases. A limited supply helps preserve value, protect against inflation, and encourages long-term holding, thereby supporting ecosystem development.

The total amount of mask coins issued

Total amount of MASK coins issued

The MASK token is a governance token used in the MASK Network ecosystem. MASK Network is a Web3 infrastructure that allows users to access decentralized applications on social media.

The total issuance amount of MASK tokens is 100,000,000. According to the MASK Network’s white paper, the token allocation is as follows:

  • Community allocation: 50%
  • Team and advisors: 20%
  • Investors: 20%
  • Ecosystem Fund: 10%

Currently, the circulating supply of MASK coins is approximately 38,000,000, accounting for 38% of the total issuance. The remaining tokens will be gradually released according to the distribution plan.

The total amount of MASK coins issued is limited, which helps maintain its value and prevent inflation. The limited supply also encourages holders to hold onto their tokens for the long term, thereby increasing community participation and supporting the growth of the MASK Network ecosystem.

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