there are rumors about the issuance of its token
By: bitcoin ethereum news|2025/05/15 21:00:11
0
Share
For some time, there have been rumors about the possibility that MetaMask might issue its own token, but there has never been any official confirmation about it. Now, however, co-founder Dan Finlay seems to be open to this hypothesis. In fact, during an interview given yesterday, Finlay stated that the MetaMask team is still considering issuing its own native token. The non-custodial wallet MetaMask MetaMask is absolutely one of the most used crypto wallets in the world. It was created as a wallet for Ethereum , also because it was developed by Consensys , and thanks to this, it achieved enormous success, especially in past years. However, it does not natively support Bitcoin. In recent years, with the boom of Solana, it may have lost a bit of appeal, also because many users who operate with memecoin or tokens have moved to this blockchain. To use other blockchains on MetaMask, you need to use a Snap, and among those supported, in addition to Solana, there are also Bitcoin , Cosmos, Polkadot, Sui, XRP Ledger, and others. As a wallet, it is widely used through the browser extension, thanks to which it is possible to connect it with the web platforms of various DEX. MetaMask has approximately 30 million monthly active users , and over the past year, it has implemented several improvements to the user experience in an effort to keep up with the competition. In particular, the competition also comes from completely decentralized tools, and this opens up new scenarios even for MetaMask. “`html The MetaMask token: will it become a reality? “` On the potential native token of MetaMask , which does not yet exist, there are not many details. The only thing that appears certain is that it will be launched on Ethereum. Unfortunately, on various DEX, there are already several tokens called MetaMask, but they are fake. In other words, they are real tokens in every respect, buyable and sellable on decentralized exchanges, but they have nothing to do with MetaMask. This name has been arbitrarily given to them to deceive the unwary. The idea of launching a true native token of MetaMask comes from its parent company, Consensys, which has been considering launching various tokens for its different vertical sectors for some time, including specifically for the famous wallet. To avoid confusion and dangerous misunderstandings, Finlay stated that the true native token of MetaMask, should it actually be launched, will be advertised directly within the wallet, so as not to create doubts about its authenticity. However, it also explicitly indicated that the project of a native token for the famous exchange is still an uncertain idea. On the other hand, in fact, Consensys’s plans seem to be going precisely in that direction. Finlay, however, emphasized that it would be safer to do so after the change in the regulatory regime in the USA, that is, in a future not particularly near. The provisional name of the token is MASK , and it seems it has been talked about since 2021. “`html The problems related to the possible MetaMask token “` Regarding the fake tokens in the name of MetaMask, Finlay asked to not search for accounts on social media to find where the token can be purchased. He also added not to expect an SMS for the news of the launch, because MetaMask does not have the phone numbers of its users. He also ruled out that emails might be sent to users, specifying that the news of the launch, with all the details to find the token, will be given only within the wallet, and on their official website. Furthermore, he added that the worst problem is precisely speculation, because it gives fraudsters the opportunity to take advantage of inexperienced users. “`html The idea of the parent company ConsenSys “` To tell the truth, in 2022 even the CEO of ConsenSys, Joseph Lubin , put forward this hypothesis. In fact, he said that there was the intention not only to launch a MetaMask token, but also a DAO to promote its progressive decentralization. However, Lubin was referring only to a DAO to be used as a financing mechanism, and not as a governance body, and in this scenario, the MASK token would not be a governance token. Consensys is focused on development on Ethereum, and now employs about 500 employees. It was founded in 2014 by Joseph Lubin, and is based in Fort Worth, Texas (USA). Source: https://en.cryptonomist.ch/2025/05/15/metamask-there-are-rumors-about-the-issuance-of-its-token/
You may also like

The business of crypto VC is becoming promising
Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.

China's AI Compute Power Counterstrike
The cost itself is the progress.

Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday
The Dollar Wins, Everyone Else Loses

Bloomberg has reported twice, Hyperliquid once again in Wall Street's radar
Weekend Front-Running

Trump Backs Crypto Bill, SEC Halts Leveraged ETF, What Is the English-Speaking Crypto Community Talking About?
What Was Hot in the Last 24 Hours Among Expats?

OpenClaw Floods Into Polymarket, Some Making Tens of Thousands Per Month
Are you ready to venture into Polymarket and dive into the shrimp farming craze?

Understanding Trump's "Warfare Playbook": Ten Signals Investors Must Know
Debriefing Trump's series of conflicts over the past year, this article outlines ten stages of Trump's conflict strategy, revealing the underlying logic between war, market fluctuations, and eventual negotiation.

Iranian Missile Heading Toward UAE, Claude Also Within Range
On March 1st, an Iranian missile struck an Amazon data center in the UAE. On the same day, Claude experienced a worldwide outage.

Successive Core Team "Heroes" Depart, Has Aave's DAO Dream Crumbled?
「This is not a matter of right or wrong, but rather a situation where existing governance mechanisms have not provided an effective resolution when interests and positions are misaligned.」

Is This the Year of the Robot? A Deep Dive into Robotics Projects
What are some noteworthy projects in the Robotic Race track?

When AI Takes Over Money: Bitcoin Becomes the "First Choice," Fiat Is Left Out
AI's view on "what makes a good currency" is already quite consistent.
AI Trading in Live Markets: 4 Lessons From a WEEX Hackathon Top 10 Finalist
AI trading meets real markets. Explore 4 lessons from a WEEX Hackathon Top 10 finalist on surviving volatility, trusting AI models, and building smarter crypto trading systems.

MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space
In an era of technological upheaval, rather than pursuing the "legitimacy" co-opted by power, it is better to sharpen the blade and build parallel systems that truly expand individual sovereignty.

Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions
The intense collision between technology and capital, products and markets, vision and reality, each story reflects the confusion and unwillingness of the market participants.

Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report
1. Top News: Strait of Hormuz Emerges as Flashpoint in US-Iran Standoff, US Stocks Trim Losses, Asia-Pacific Markets Open Sharply Lower, Cryptocurrencies See Slight Recovery
2. Token Unlock: None

During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance
When markets are closed and real-time pricing is needed due to geopolitical risks, Hyperliquid takes the lead and is closer to the eventual futures reopening price.

OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month
Openclaw Founder Advises Young People "Not to Waste Time on Cryptocurrency," Yet in its official documentation, it lists the cryptocurrency project Venice.ai as a recommended model provider.

Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?
Time and tide wait for no man.
The business of crypto VC is becoming promising
Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.
China's AI Compute Power Counterstrike
The cost itself is the progress.
Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday
The Dollar Wins, Everyone Else Loses
Bloomberg has reported twice, Hyperliquid once again in Wall Street's radar
Weekend Front-Running
Trump Backs Crypto Bill, SEC Halts Leveraged ETF, What Is the English-Speaking Crypto Community Talking About?
What Was Hot in the Last 24 Hours Among Expats?
OpenClaw Floods Into Polymarket, Some Making Tens of Thousands Per Month
Are you ready to venture into Polymarket and dive into the shrimp farming craze?