Is MetaMask launching a token?

ConsenSys founder Joseph Lubin has officially confirmed that MetaMask will launch its own token and DAO .

What is MetaMask? MetaMask is a cryptocurrency wallet that operates as a plug-in for standard internet browsers such as Chrome and Firefox . It allows users to manage, transfer and receive Ethereum and ERC-20 tokens — without the need to download the whole blockchain in the process.

How to deposit / receive / send? On the mobile app, tap the menu button (top right), then click Wallet. Select a token or collectible then click Send or Recieve .

The popular Ethereum wallet “MetaMask” is officially launching its own token , as confirmed by Consensys CEO Joseph Lubin. The team will also reportedly launch a decentralized autonomous organization (DAO) for funding the wallet’s growth.