ConsenSys Founder, Joe Lubin Hints at Launch of $MASK Token
Published
6 months agoon
The likelihood of the release of a utility token for software wallet and DApps browser, Metamask is becoming stronger. This follows an update given by ConsenSys founder and Metamask chief, Joe Lubin in a Twitter rift with CoinDesk reporter Andrew T.
The rift had arisen after leading US-based cryptocurrency exchange Coinbase announced the release of its wallet earlier this week, which many believe could rival Metamask and other leading software wallets. Earlier in October, Bitcoin developer Icebergy had posed the question about the release of $MASK tokens, urging the Metamask team to issue a token.
Allaying doubts expressed by Andrew T on the issuance of the token owing to Metamask’s relationship with American bank, JP Morgan, Lubin confirmed, albeit angrily.
Andrew, ConsenSys has thousands of tokens on our balance sheet,” said an irked Lubin. “ConsenSys is vigorously controlled by its employees, which includes me. And we are driving towards the decentralization of several of our projects. Wen $MASK? Stay tuned.”
Read also
DeathRoad; The Defining Metaverse Racing Game on BSC
The Convergence of NFTs and GameFi
Lubin declined to answer further questions posed to him by the reporter. Notwithstanding, rumours of an airdrop, if the upcoming $MASK token announcement is anything to go by, have been renting the air.
There are reports that beneficiaries of the airdrop may be early adopters of the Metamask wallet or those who have interacted with the wallet at any time.
In this instance, snapshots of addresses are usually taken after which the airdrop is then distributed. While there are no indications that an airdrop initiative will follow the token issuance, the expectations are really high.
Following the confirmation of the token issuance by Chief Lubin, the only question Metamask users will be asking now is ‘When airdrop?’
What do you think of this article? Share your comments below.
You may like
-
How to Bridge Tokens from Ethereum to Polygon with MetaMask
-
Blockchain Technology/Cryptocurrency Is the Best Thing That Ever Happened to Me- Monica Singer
-
ConsenSys acquires JPMorgan’s blockchain platform Quorum
-
Only Bitcoin & Ethereum Are Sufficiently Decentralized to be a Base Trust Layer for Applications – Joseph Lubin
Latest Episode on Inside Blockchain
Crypto News Update
Crypto Street
Trending
Crypto Bootcamp Community Celebrates Bitcoin Pizza Day Across Africa
The advent of Bitcoin has paved the way for seamless cross-border payments. The demand for third-party intervention in financial transactions...
Explore, Build Assets, Fight and Earn in the Supernova Space
A new economy was opened in 2017 when blockchain was integrated into gaming to produce the first Web3 game: CryptoKitties....
Owl.Games: The Rise of Crypto Games in the Casino Industry
Crypto gaming used to be new a few years ago but it’s going mainstream now. However, there are some sectors...
BCAT Africa: Reducing Unemployment in Africa
One of the greatest lines spoken in the Spiderverse is “with great power comes great responsibility”, although it can be...
Gamified NFT Platform Trove Announces Launch Partners SideQuest
Trove has announced its new Launch Partnership with SideQuest, a gamified risk-to-earn NFT collection. It was announced on Twitter today. ...
ALL Sections
Recent Posts
- Move To Earn: Keep Fit, Sport, Connect and Earn on the Calo Metaverse
- Top 5 Move-to-earn Applications on Google Playstore
- Top Move-to-Earn Projects Below $100 Million Market Cap
- MetaRuffy: An Intersection of Blockchain, Web3, VR, and AR
- Crypto Bootcamp Community Celebrates Bitcoin Pizza Day Across Africa
[…] post ConsenSys Founder, Joe Lubin Hints at Launch of $MASK Token appeared first on CryptoTvplus: DeFi, NFT, Bitcoin, Ethereum Altcoin, Cryptocurrency & […]