The MASK Network project will distribute in the airdrop 1.86 million MASK tokens with a total market value of $22.58 million.
— Mask Network(Mask.io) (@realmaskbook) February 27, 2021
A few days ago, MASK Network carried out an Initial Twitter Offering (ITO), through which it distributed 1.06 million MASK across 15,900 addresses.
“Users who successfully purchased MASK in the ITO round on February 24 will also receive tokens in the first round of the airdrop,” the project blog says.
Users will be able to move the funds to their wallets on February 27. To do this, the Mask browser extension for Chrome will be required.
“If the MASK airdrop is not taken up within 24 hours, the corresponding amount will be reduced by 20% each day until it reaches 0,” the project representatives emphasised.
The developers added that every address from which 1,111 MASK was purchased will also receive 888 more tokens.
“If the amount is less than 1111, then the airdrop will be proportional to the number of tokens purchased. For example, if you purchased 111 MASK, you will receive 88.9 MASK.”
MASK Network offers a browser extension with data encryption features. The product is marketed as a “bridge between Web 2.0 and Web 3.0.”
As of writing, the price of MASK stands at $12.23 (according to CoinGecko).
Earlier ForkLog reported on the airdrop of tokens by the decentralized exchange ZKSwap built on ZK-Rollups technology.
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