MetaMask Stirs Buzz with Possible Altcoin Launch
By: cointurk|2025/05/15 16:00:15
0
Share
Dan Finlay, co-founder of the premier crypto wallet MetaMask, made a fresh statement on the much-anticipated plan to release their own coin. During his appearance on the “Crypto Beat” podcast, Finlay clarified that MetaMask has not finalized the decision on launching its altcoin , but the possibility remains open. His “Maybe” response to inquiries about the coin’s release marks that the process is still under consideration. MetaMask users will only get updates about such developments through the app itself. MetaMask’s Altcoin Discussion Resurfaces The potential altcoin from MetaMask has been a topic of debate within the crypto community for a while. In 2021, at a developer meeting, project engineer Erik Marks introduced the idea of community-based ownership. ConsenSys CEO Joseph Lubin’s “Wen $MASK?” comment further raised expectations surrounding the altcoin launch. In 2022, Lubin announced plans to create a DAO and launch a coin for MetaMask. Despite this, an official launch is yet to happen. The anticipated DAO was envisioned more as a funding tool than a decision-making body, and mechanisms to prevent exploitation by “AirDrop farmers” were to be implemented in the coin’s design. Finlay’s recent comments suggest these plans could still be in effect, but they are moving cautiously. “Trust Only the Wallet’s Information” Finlay highlighted that the primary risk in a potential coin launch is fraud. He pointed out that fraudulent links on social media deceive users and stressed that any advancements would be announced only within the MetaMask wallet. “There will be no SMS, email, or social media posts,” said Finlay, asserting the wallet’s exclusivity for official announcements. Finlay emphasized that users should trust only the MetaMask interface for any coin announcement. He also noted that the project doesn’t have access to users’ personal information like email addresses or phone numbers, an approach aimed at preventing scams particularly through fake AirDrops. A New Climate for Altcoin Launch Regarding the legal challenges faced by crypto projects, Finlay expressed that the political environment in the U.S. could now be more accommodating. He noted that during former SEC Chair Gary Gensler’s tenure, many coins were classified as securities, and most projects are still navigating “gray areas.” However, the onset of Donald Trump’s second term might create more opportunities for coin launches. With nearly 30 million monthly active users, MetaMask stands as the leading crypto wallet. Acknowledging the escalating competition, Finlay mentioned their continuous efforts to improve user experience against rivals like Rainbow and Rabby.
You may also like

DeFi is trapped in the most dangerous prisoner's dilemma in history
This incident has returned to the classic dilemma of cryptography: pragmatic security vs completely decentralized security.

Exclusive Interview with Jeff Hoffman: How Web3 and AI are Reshaping the Trillion-Dollar Social Travel Market
The most valuable platforms will not only be aggregators of suppliers, but they will also have relational networks around payments, loyalty, and communities.

After the KelpDAO hack, AAVE's situation is worse than you think
October 10 is the CEX-driven collapse, an epic failure in DeFi risk mitigation.

Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."

Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.

Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...
Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?

ZachXBT vs. RAVE: Is a “Clean” Market Really What Speculators Want?
While cleaning up manipulation, it may also involve cleaning up liquidity

Arbitrum Poses as Hacker, 'Steals' Back Money Lost by KelpDAO
Even though Arbitrum wielded the admin key, the battle is far from over.

Without Cook's Apple, Can it Still Grow in the AI Era?
The iPhone Remains at its Peak, But Apple is at a Turning Point

Saylor's Bitcoin Holdings Surpass BlackRock, How Does This "Bitcoin Financing Machine" STRC Work?
Funding Cap is not equal to Execution Path; whether Bitcoin can cooperate is the true variable.

What Is RWA? What Is RWA in Crypto (Complete 2026 Guide)
Wondering what is RWA in crypto? We explain what RWA is, break down RWA tokenization in simple no-jargon terms, and cover why it's 2026's hottest crypto narrative.

What Is the KelpDAO Attack? What It Means for Aave Users in 2026
KelpDAO suffered a $292M rsETH exploit on April 18, 2026, triggering Aave market freezes and $13B DeFi outflows. Here’s what happened, whether Aave is safe now, and what users should do next.

Is your gold really "within reach"? The geographical blind spots of custodial services behind tokenized gold
When "complete physical support" does not equal "truly desirable," the risks are just beginning to emerge.

Cook Passes the Baton, Anthropic Gears Up | Rewire News Morning Brief
In the window of AI reshaping the hardware landscape, Apple has chosen a Maker

Will the Fed Cut Interest Rates Again? Tonight's Data Is Key
Citi believes geopolitical turbulence is temporary and the rate cut trajectory remains unchanged. Meanwhile, Deutsche Bank warns that the policy has reached a neutral stance, with no interest rate cuts in the foreseeable future.

The person taking over Apple has to do something he has never done before
Software, AI, services—areas he never directly controlled in his 25-year Apple career

Why Are You Always Losing Money on Polymarket? Because You're Betting on News, While The Rulebook Favors Insiders
At Polymarket, most people who bet incorrectly are not wrong in their prediction but rather in not having read the rules carefully.

Not a Price Hike, but a Supply Shortage? Oil Price Has Crossed the Threshold
A $95 Per Barrel Price Is Far From Enough to Rebalance the Oil Market
DeFi is trapped in the most dangerous prisoner's dilemma in history
This incident has returned to the classic dilemma of cryptography: pragmatic security vs completely decentralized security.
Exclusive Interview with Jeff Hoffman: How Web3 and AI are Reshaping the Trillion-Dollar Social Travel Market
The most valuable platforms will not only be aggregators of suppliers, but they will also have relational networks around payments, loyalty, and communities.
After the KelpDAO hack, AAVE's situation is worse than you think
October 10 is the CEX-driven collapse, an epic failure in DeFi risk mitigation.
Atkins Marks One-Year Anniversary at SEC: Crypto Regulation Shifts from ‘Enforcement Heavy’ to ‘Rulemaking Mode’
Before the bill is passed, the SEC's cryptocurrency regulatory framework remains in a transition state of "administrative guidance + enforcement actions."
Under Political Pressure, Is the Federal Reserve Still Independent?
Powell believes that political pressure is not a threat, and what truly determines the Fed's independence is the Fed itself.
Yellen's Past Remarks: How Will This Incoming "Fed Chair" Disrupt the Federal Reserve? Janet Yellen, who is expected to become the next Chair of the Federal Reserve, has made several significant statements in the past regarding monetary policy, financ...
Powell's reform blueprint not only looks bold and ambitious, but also directly targets many vulnerabilities of the Federal Reserve. Facing the upcoming Senate confirmation hearing, how will this Fed's presumptive new "helmsman" reshape the future of the world's largest central bank?

