According to the Daily Planet, Mask Network announced that its investment institution Bonfire Union will launch its second fund, and its total fund raising has reached US$100 million since its establishment in 2022. Bonfire Union is committed to strategically investing in decentralized social networks and infrastructure, and more than 120 projects have joined the Mask Network ecosystem, such as RSS3, Lens, and Scroll. In addition, Mask Network and its social aggregation application Mask X-Firefly App jointly launched a $10 million builder program to accelerate the development of decentralized social protocols through subsidies.