CEO of Consensys confirms Mask: Metamask’s native token is on the way

By Hannah Pérez

A native metamask cryptocurrency is no longer a rumor to become a reality. The CEO of consensys, Joseph Lubin, confirmed that a Token named Mask is in development and could get sooner than expected.

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• A Metamask native cryptocurrency is no longer a rumor.
• The CEO of consensys, Joseph Lubin, confirmed that a Token named Mask is in development.
• It could be launched “Sooner than expected“Lubin said, generating expectations.
• Without an official launch date, the news comes after the premiere of the Stablecoin MUSD.

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After years of rumors it has been confirmed that the wallet MetamSk It will have its own cryptocurrency.

Joseph Lubin, CEO of Consensys and co -founder of Ethereumhe confirmed during an interview in the podcast “The Crypto Beat “ of The Block that the long -awaited token native MetamSkcalled mask, is in development and could be launched “Sooner than expected“

The declaration marks a milestone in the persistent rumors about the cryptocurrency of one of the Wallets most popular of the cryptocurrency ecosystem, which provides access to web3 to millions of active users.

Lubin, who participated in the live broadcast on Thursday, emphasized the key role of Token in the evolution of MetamSk towards greater decentralization. “Token Mask is coming – could come sooner than you would expect now ”said Lubin in the interview, without providing a specific date or other deployment details.

He added that the asset is “significantly related to the decentralization of certain aspects of the Metamask platform“, Aligning with the vision of Consensys “His developer,” to foster a “rigorous decentralization”In the ecosystem Ethereum through tools such as MetamSk, Infura and Line.

Metamask confirms its cryptocurrencies: mask

Rumors about a native token for MetamSk They date from at least 2021, when the platform engineer, Erik Marks, proposed the idea of ​​a community property through a launch of Token, as he remembers The Blockwhich picked up the podcast statements. However, until now, official statements had been cautious.

In May of this year, the co -founder of MetamSkDan Finlay, reiterated that the creation of a native token was still an unconfirmed possibility, but did not close the door to a future launch.

At that time, Finlay warned about the risks of scams associated with these rumors, pointing out that “Speculation is the worst part of the rumor because it allows malicious actors to take advantage of users“. He emphasized that, if completed, any announcement would be made exclusively through the application or the official website of MetamSkand not for direct messages, emails or social networks, since the platform does not store personal data such as telephone numbers or emails.

Lubin’s words represent a significant advance with respect to Finlay’s position, drawing a “More solid path” for mask and suggesting that the launch is now a specific and close plan. Finlay had mentioned in his May interview that, if launched, the Token would be announced directly in the wallet interface: “You can find a link directly at the Wallet“

Expansive moment for consensys and metamSk

Although the hottest issue of the interview was probably the Token Mask, Lubin also touched secondary issues related to the ecosystem of Consensys. For example, he mentioned the recent launch of the native token of Linea layer 2 of Ethereum Developed by the company, which distributed more than 9.36 billion tokens line to eligible addresses this month.

Consensys It took a modest participation of 15%, prioritizing the allocation to the community to encourage builders and liquidity. “With the launch of Token, we had the opportunity to do some quite shocking things”Lubin said about it.

In addition, as president of Sharplink Gaminga public company that adopts Ethereum As Treasury Assets and is the second largest ETH corporate holdtemporal dislocation”Influenced by cyclic tendencies.

The confirmation of a native token mask arrives at a time of expansion to MetamSk. At the beginning of this week, he launched his first Stablecoin Own, Musdbacked 1: 1 for high quality assets and issued through Bridgea platform of Stripe.

With an initial circulating offer of around USD $ 18 million, MUSD seeks to integrate into the ecosystem of MetamSk For daily transactions, with plans to enable its use in the Metamask Card compatible with Mastercard Before the end of the year. This movement complements the decentralization strategy that Mask promises to boost.

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Article written with the help of AI, edited by Diariobitcoin

Image generated in Canva, with Metamk

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