MetaMask Co-Founder Says MASK Token Still in Talks

The post MetaMask Co-Founder Says MASK Token Still in Talks appeared first on Coinpedia Fintech News MetaMask’s long-rumored native token might still be in the works, but nothing is set in stone yet. In a recent interview on the “Crypto Beat” podcast, MetaMask co-founder Dan Finlay hinted that a token could still happen, simply saying “Maybe,” with a knowing smile. While that’s far from confirmation, it’s a clear sign the idea hasn’t been scrapped. Decentralization Dream Still Alive The idea of launching a token isn’t new. Parent company Consensys has talked about promoting “progressive decentralization” across its platforms for years, and MetaMask has been central to that vision. As far back as 2021, talks about a MASK token and a developer DAO were underway. Consensys CEO Joseph Lubin even teased the idea publicly on X. Andrew, ConsenSys has thousands of tokens on our balance sheet. ConsenSys is vigorously controlled by its employees, which includes me. And we are driving towards decentralization of several of our projects. Wen $MASK ? Stay tuned. Wen objective journalism, ser? — Joseph Lubin (@ethereumJoseph) November 8, 2021 But the real goal is not just decentralization, but also ensuring the token wouldn’t be used for hype or exploited by airdrop farmers. If It Happens, You’ll Hear It from MetaMask Directly Finlay made it clear that if MetaMask does launch a token, users won’t have to rely on shady links or Telegram rumors. “It’ll be advertised directly in the wallet,” he said. “It won’t be an email, it won’t be a text message, we don’t even have your number.” He also warned that the ongoing speculation creates easy openings for scammers. What Next? With the regulatory climate shifting, Finlay suggested a more permissive U.S. administration could make token launches safer. Still, he acknowledged that gray areas remain. Despite the cautious optimism, Finlay reminded that securities laws still apply, regardless of who’s in charge at the SEC. With around 30 million monthly users in 2024 and about 500 team members, MetaMask remains the largest Ethereum wallet. Finlay admitted the team is focused on improving user experience as rivals like Rainbow and Rabby pick up steam. Whether or not a MASK token launches, MetaMask is pushing ahead, carefully but competitively.