-
bitcoin $84508.128765 USD
0.61% - ethereum
$2705.457353 USD
0.58% - tether
$0.999645 USD
-0.01% - bnb
$775.055694 USD
0.25% - xrp
$1.522007 USD
-1.95% - usd-coin
$0.999818 USD
-0.01% - solana
$121.391819 USD
0.77% - tron
$0.333158 USD
-1.23% - zcash
$1661.524257 USD
8.11% - hyperliquid
$92.728564 USD
0.90% - dogecoin
$0.096937 USD
-0.82% - chainlink
$14.299571 USD
1.55% - monero
$555.906822 USD
0.30% - cardano
$0.255553 USD
0.17% - unus-sed-leo
$9.065706 USD
1.75%
What is the issuance and circulation of MASK coins?
With an initial supply of 1 billion, 600 million MASK tokens are currently in circulation, controlled by the Network Foundation to prevent market manipulation.
Nov 11, 2024 at 06:35 pm
- Date: November 2017
- Raised: $12.3 million USD
- 1 Billion MASK tokens created
- 20% allocated to ICO participants
- 80% retained by the Network Foundation and development team
- Currently, around 600 million MASK tokens are in circulation.
- The remaining 400 million tokens are held in reserve by the Network Foundation.
- No new MASK tokens will be issued other than the initial distribution.
- Token supply is fixed.
- The issuance mechanism ensures the scarcity and value of MASK tokens.
- The Network Foundation controls the release of tokens from its reserves.
- Controlled circulation helps prevent market manipulation and excessive token supply.
The MASK token is primarily used for:
- Accessing the Mask Network decentralized application (dApp)
- Rewarding active users and content creators
- Transaction fees on the Mask Network platform
- Voting and governance
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Dormant Bitcoin Wallets Stir: On-Chain Data Reveals 1,971 BTC Movement, Sparking Intrigue in Bitcoin Wallet Activity
- 2026-09-28 00:35:01
- Gold Price Prediction: Analysts Eye $10,000 as PAX Gold Shows Tightening Trend
- 2026-09-27 08:40:02
- Fed's Treasury Buying Pause Sparks Altcoin Reassessment: Hedera, Litecoin, Polkadot, SUI, Stellar in Focus
- 2026-09-27 08:35:02
- Bitcoin's Kimchi Premium: South Korea's Crypto Market Heats Up (Again!)
- 2026-09-27 08:40:02
- Altcoin Comeback & Cryptos to Watch: Sentiment Turns as Market Eyes Key Shifts
- 2026-09-27 08:35:02
- Bitcoin Price Tightens Near $84K: A Volatility Storm Brews for the Bellwether Crypto
- 2026-09-26 20:45:02
Related knowledge
What is Ethereum’s Slashing mechanism and how to punish malicious behavior?
Feb 20,2025 at 03:08am
Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validato...
What is the verifier node of Ethereum and how to become a verifier?
Feb 19,2025 at 06:00pm
The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a ...
What is Ethereum’s staking, and how to participate and earn money?
Feb 19,2025 at 04:37pm
Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTec...
What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?
Feb 20,2025 at 03:12am
Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat ...
What is Ethereum's multi-signature wallet and how to improve security?
Feb 20,2025 at 02:18pm
Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig Walle...
What is Ethereum's oracle and how to provide data for smart contracts?
Feb 21,2025 at 01:30am
Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contrac...
What is Ethereum’s Slashing mechanism and how to punish malicious behavior?
Feb 20,2025 at 03:08am
Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validato...
What is the verifier node of Ethereum and how to become a verifier?
Feb 19,2025 at 06:00pm
The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a ...
What is Ethereum’s staking, and how to participate and earn money?
Feb 19,2025 at 04:37pm
Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTec...
What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?
Feb 20,2025 at 03:12am
Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat ...
What is Ethereum's multi-signature wallet and how to improve security?
Feb 20,2025 at 02:18pm
Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig Walle...
What is Ethereum's oracle and how to provide data for smart contracts?
Feb 21,2025 at 01:30am
Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contrac...
See all articles
