On October 27, multiple market sources reported that MetaMask – a popular cryptocurrency wallet – had just registered a new domain name for the purpose of “claiming Token ” for users, thereby raising speculation that a MetaMask-specific Token Airdrop could be in the works.
This information was hotly discussed by the crypto community because previously, since the end of September, the leader of ConsenSys - the company that developed MetaMask - confirmed that the Token for MetaMask will launch "sooner than you think".
On October 6, MetaMask announced that it would be launching an on-chain rewards program in the coming weeks. The announcement was made official on the X platform (formerly Twitter), marking a major step in ConsenSys ' strategy to expand the Web3 ecosystem by 2025.
According to the announcement, MetaMask’s new program will offer a variety of attractive incentives, including user referral bonuses, mUSD stablecoin incentives, exclusive partner rewards, as well as opportunities to receive free Token . Notably, MetaMask expects to distribute over $30 million in LINEA Token rewards in the “first season”.
The LINEA Token is the native currency of Linea Network, a Layer 2 scaling solution on Ethereum incubated by ConsenSys . Linea launched in September 2024 with a total supply of 9.4 billion Token and attracted great attention thanks to its global Airdrop campaign.
MetaMask says that loyal users will not be left behind. Those who have been with the platform for a long time will receive special benefits, and MetaMask Rewards will also be closely linked to future MetaMask Token Issuance plans. However, the company emphasizes that this program is not a normal Token “farming” activity, but a genuine way to show gratitude and build a sustainable Web3 community.
Why is domain name registration XEM a “teaser” sign?
Registering a domain name with a “claim Token” related name is often XEM as a preparation step for a new project or product. In this case:
It increases the likelihood that MetaMask is preparing to distribute Token to current users.
It sets the stage for a reward or incentive program for those who have used the wallet before or participated in activities within the ecosystem.
Also causes a warning: users need to verify the source of information, because the “claim Token” form before being officially announced is sometimes exploited by fake/scam pages.
