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What is the issue price of MASK coins? Introduction to the issue price and issue quantity of MASK coins
At its initial public offering on May 30, 2019, MASK coins were priced at $0.025 each with a total issuance of 1 billion coins.
Oct 25, 2024 at 09:27 am
MASK Coin Issue Price and Quantity
1. Issue Price
The initial public issue price (ICO) of MASK coins was $0.025 on May 30, 2019.
2. Issue Quantity
A total of 1 billion MASK coins were issued at launch, distributed as follows:
- 10% (100 million MASK): Public sale (ICO)
- 24.5% (245 million MASK): Team (for development and operations)
- 20% (200 million MASK): Ecosystem and community development
- 15% (150 million MASK): Early investors
- 14.5% (145 million MASK): Foundation (for long-term support and governance)
- 6% (60 million MASK): Advisors and contributors
3. Distribution Schedule
The distribution of MASK coins is subject to a vesting schedule, which limits the amount of tokens released into circulation over time. The vesting period typically extends over several years.
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