CoinStats - Is MetaMask About to Launch Its Own Token? Th...
- MetaMask, the largest Ethereum wallet with about 30 million monthly users in 2024, is considering launching a native token called MASK.
- Discussions about the MASK token began in 2021, and the team remains cautious due to evolving U.S. Securities regulations and competitive market pressures.
- Co-Founder Dan Finlay confirmed the token launch would be clearly announced through official MetaMask channels and embedded directly in the wallet for user security.
- Finlay stated that if the initiative moves forward, it will be designed to be transparent, easy to understand, and fully integrated into the wallet itself, highlighting a commitment to openness and compliance with regulations.
- MetaMask is focused on enhancing user experience and is cautiously considering a token launch that could foster community ownership through a funding-oriented DAO, with the timing and feasibility of this initiative dependent on favorable regulatory conditions and appropriate strategic considerations.
12 Articles
12 Articles
CoinStats - Is MetaMask About to Launch Its Own Token? Th...
A crooked smile, an evasive response. During a recent episode of The Block's Crypto Beat podcast, Dan Finlay, co-founder of MetaMask, reignited speculation about a hypothetical native token for the Ethereum wallet. "Maybe," he dropped, implying a long-simmering possibility behind the scenes. While the idea of a home crypto has excited the community since 2021, Finlay's statements reveal as much enthusiasm as caution. Amid gradual decentralizatio…
MetaMask Weighs Native Token for Decentralization, Will Add Solana ($SOL) Support in May
MetaMask co-founder Dan Finlay stated that the team is still considering the launch of a native token for the wallet, describing the possibility as a 'maybe.' No final decision has been made regarding token issuance.Finlay noted that Consensys, MetaMask's parent company, has long intended to promote 'progressive decentralization' across its products, including MetaMask, through potential token issuance.To continue reading this as well as other D…
MetaMask Token Plans Could Transform The Ethereum Wallet
MetaMask, with 30 million monthly users, is cautiously exploring a native token launch, aiming for clear, secure integration within its wallet. The token could enable progressive decentralization via a DAO focused on funding rather than heavy governance, promoting community ownership. MetaMask warns users to avoid scams amid hype, emphasizing official communication channels and ongoing efforts to enhance user trust and experience. MetaMask, the …
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