ConsenSys co-founder teases MetaMask

Joseph Lubin, co-founder of the Ethereum development team ConsenSys, hinted at the possibility that MetaMask could bring the token to market in a short period of time. debate on twitter.

Joseph Lubin – Co-Founder of ConsenSys

MetaMask is a browser extension that enables access to the Ethereum ecosystem. It acts as a “compact wallet” for storing ERC-20 tokens, allowing users to access services, including dApps, built on top of the Ethereum chain.

In September ConsenSys announced that the MetaMask wallet had reached a milestone of 10 million monthly active users (MAUs). This is a 1,800% increase from July 2020 when the MAU was only 545,000.

Since MetaMask is one of the most popular wallets on the market, expectations of the MASK token are as expected.

MASK token is coming?

Lubin’s revelation comes in a tweets by “Icebergy,” in which he joked that MetaMask would have to drop a token to compete with Coinbase, which is launching a browser wallet extension.

Andrew Thurman, technology reporter at Coindesk, took part in the discussion. shown that will never happen as JPMorgan owns at least 10% of MetaMask’s stock and has an aversion to tokens on its balance sheet.

However, Lubin refuted that view, saying that ConsenSys already has thousands of tokens on its balance sheet, implying that this has nothing to do with the controls put in place by the stakeholders.

Lubin then justified his argument by saying that the decentralization of these projects did not mean any conflicts of interest.

“Andrew, ConsenSys has thousands of tokens on its balance sheet. ConsenSys is tightly controlled by its employees, including myself. And we’re moving towards decentralizing some of our projects. When is MASK available? Please keep an eye on it. “

MetaMask cIs it possible to discard tokens?

In September 2020, UniSwap was surprisingly discontinued for authorized users. To be eligible for the free 400 UNI, users must use the UniSwap exchange before 5:00 p.m. on September 1, 2020.

From the distribution price to a high of $ 44.92 on May 3, 2021, UNI owners saw a return of nearly 18,000%, making it one of the most profitable airdrops of the time.

With the MetaMask token discussion, social media eagerly awaits something similar. A Reddit user did hoax that it might be worth paying $ 100 in gas fees for an exchange in MetaMask to get free tokens.

“Damn it, if they did an airdrop it would be huge. I have to do the swap on Metamask as soon as possible, even if it costs $ 100 in gas, it could be worth it. “

There are currently no further details on the eligibility criteria for MASK tokens from MetaMask. However, given the possible rewards, it wouldn’t be surprising if activity on MetaMask explodes in the days and weeks ahead.

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Mr. Teacher

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