The MASK token was launched in February 2021 and serves as the governance token for the MaskDAO. At the genesis, 100,000,000 MASK tokens were created, with the rest of the supply to be unlocked over a three-year period. The token distribution allocates 7% to a "Community Public Offering," while the rest goes to the reserve (39.55%), early investors (14.25%), and the team (23%).
Mask Network was founded by Suji Yan, who previously founded Dimension.im, a series of products aimed at advocating for social liberty along the cypherpunk movement.