MetaMask Co-Founder: Team Still Considering Launching Native Token

According to Deep Tide TechFlow, on May 15, The Block reported that MetaMask co-founder Dan Finlay stated in an interview that the crypto wallet is still considering launching a native token. Finlay emphasized that if the decision to issue a token is made, users will be able to find relevant links directly within the wallet app and on the official website.

MetaMask's parent company ConsenSys had previously proposed issuing tokens for its businesses to promote "progressive decentralization." Since 2021, the project team has discussed plans to issue a token codenamed MASK. ConsenSys CEO Joseph Lubin has stated that the token will be used primarily for fundraising rather than governance, in conjunction with the establishment of a decentralized autonomous organization (DAO).