Multiple sources indicate that the Firefly social protocol, previously developed by $MASK , will be spun off from the Mask team. Currently, the employees and finances have been completely separated.

Information regarding financing and token economics is expected to be announced soon, coincidentally, a few weeks ago, the social platform $TOWNS in the same field officially announced its token launch.

Note: Firefly was created by the Mask team in 2022, and has since received multiple supports and interactions from Ethereum founder Vitalik. The founder has hinted multiple times that the launch will be conducted through community incentives.