Is MetaMask finally launching a token? Joe Lubin hints at a faster-than-expected timeline!

This article is machine translated
Show original
Is MetaMask finally launching a coin? Joe Lubin hints at a faster-than-expected timeline!

Consensys CEO Joe Lubin said in an interview that the MetaMask token is coming soon, and may be sooner than expected, and will be bundled with MetaMask-related decentralized programs.

From the discussion in 2021 to now, is MASK really going to issue a coin?

According to The Block, Consensys CEO Joe Lubin said in an interview that the MetaMask token is coming soon, and may be faster than expected, and will be bundled with MetaMask-related decentralized programs.

Joe Lubin's remarks sparked heated discussions in the community. From the discussion in 2021 to now, is MASK really going to issue a coin?

MetaMask co-founder Dan Finlay stated in mid-May that the MetaMask team is still considering launching a native token, but that it's currently considered a "possibility" and not a concrete plan. He emphasized that if a launch is made, the announcement will include a link directly within the wallet to prevent scams and phishing attacks on social media.

Will MASK be released? MetaMask founder: We will notify you if we do release it, but we won’t send airdrops via private messages .

As early as 2021, MetaMask publicly stated that it was considering launching a native token, "MASK," and establishing a DAO in conjunction with it, with the goal of promoting ConsenSys' "progressive decentralization." However, due to the regulatory environment, progress has been very slow.

MetaMask launches native stablecoin mUSD first

MetaMask, an Ethereum wallet developed by ConsenSys, is primarily used to connect to the blockchain, store, and manage crypto assets. It's one of the oldest and most well-known wallets. To compete with new entrants, the team has been actively improving its user interface and workflow over the past year.

In August, MetaMask announced that it would issue its native stablecoin, MetaMask USD (mUSD), on Ethereum and Linea. It will be widely used in scenarios such as deposits, cross-chain transfers, exchanges, and payments. The company hopes to integrate both on-chain and off-chain applications, from DeFi to daily consumption.

MetaMask launches native stablecoin mUSD: embedding DeFi applications and integrating debit card payments are highlights

However, whether the native token MASK will be launched has not yet been clearly determined. Readers are reminded to be vigilant against related scams and phishing attacks.

The article " MetaMask is finally launching its coin? Joe Lubin hints at a faster-than-expected timeline!" originally appeared on ABMedia ABMedia .

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
52
Add to Favorites
12
Comments