What is MASK

1. Project Introduction
Mask Network is a protocol that enables users to send encrypted messages via X and Facebook. Essentially, it acts as a bridge between the existing internet and decentralized networks running on top of it.
Summary: It serves as a portal allowing users to seamlessly send encrypted messages, digital assets, or even interact with dApps (DeFi, NFTs, DAOs) via mainstream social media platforms—without needing to migrate away from them. Mask has created a decentralized mini-program ecosystem called DApplets. In short, Mask Network aims to build a new open internet layer on top of the existing one.
2. Team & Investment Info
Founder: Suji Yan – Before launching Mask Network, Suji founded Dimension.im, a suite of products aligned with the cypherpunk movement focused on advocating social liberty, particularly “the right to encryption and freedom of interpretation.”
Funding:
Nov 2020: $2M seed round led by HashKey and Hash Global, with participation from Balaji, Ryze Labs, and Alameda.
Feb 2021: $3M second seed round with investors including Animoca, Digital Currency Group, Fundamental Labs, and 3Commas.
Feb 2021: IDO on Balancer LBP raised $39.82M.
Apr 2021–Apr 2022: Several rounds of strategic funding.
Jul 2022: $42M round with HashKey, Binance, Animoca, IOSG, Dapper Labs, and SevenX.
Jan 2023: DWF Labs invested another $5M.
3. Social Media URLs
X: https://x.com/realMaskNetwork
Telegram: https://t.me/maskbook_group#telegram
Discord: https://discord.com/invite/4SVXvj7
4. Token Info
Token Symbol: MASK
Total Supply: 100,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x69af81e73a73b40adf4f3d4223cd9b1ece623074
Token Distribution:
Team: 23%, 0% unlocked at TGE, 6-month cliff, linear vesting over 36 months
Angel Round: 8%, 0% TGE unlock, 6-month cliff, 18-month linear vesting
Seed Round: 6.25%, 5.26% unlocked at TGE, no cliff, 18-month linear vesting
Private B: 5.74%, 0% TGE unlock, 6-month cliff, 12-month linear vesting
Private C: 5.61%, 7.69% TGE unlock, no cliff, 12-month linear vesting
Public Sale: 4%, 100% unlocked at TGE
X: 3%, 100% unlocked at TGE
Private A: 2.85%, 0% TGE unlock, 6-month cliff, 18-month linear vesting
Liquidity: 1%, 100% unlocked at TGE
Airdrop: 1%, 100% unlocked at TGE
Reserve: 39.5%
5. Related Links
Official Website: https://mask.io/
White Paper: https://masknetwork.medium.com/introducing-mask-network-maskbook-the-future-of-the-internet-5a973d874edd
Other Info: linktr.ee/masknetwork