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

Why did the star Web3 project Across Protocol choose to abandon DAO?
The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.

In fact, ETH scaling is a major benefit for L2
ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.

Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.

50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.

The Cryptographic Past of the Middle East
Reality is often more exciting than fiction.

Resolving the Intergenerational Prisoner's Dilemma: The Inevitable Path of Nomadic Capital Bitcoin
When the baby boomer generation collectively sells off, who will become the "greater fool" in the next round of asset crashes?

Who Will Control AI? Why Decentralized AI May Be the Only Alternative to Government and Big Tech
AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models
Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options
Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?
A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition
Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze
A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path
When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"
「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments
Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units
When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.
Why did the star Web3 project Across Protocol choose to abandon DAO?
The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.
In fact, ETH scaling is a major benefit for L2
ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.
Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days
Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.
2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?
The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.
BIP-360 Analysis: Bitcoin's First Step Towards Quantum Immunity, But Why Only the "First Step"?
This article explains how BIP-360 reshapes Bitcoin's quantum defense strategy, analyzes its enhancements, and discusses why it has not yet achieved full post-quantum security.
50 million USDT exchanged for 35,000 USD AAVE: How did the disaster happen? Who should we blame?
Due to a fatal flaw in the transaction path, a $50 million DeFi operation was executed with almost zero protection, resulting in nearly the entire amount of funds evaporating in a tiny liquidity pool.