🔥 MetaMask to launch its own token and DAO.
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.
MetaMask competes with other self-custodial wallets like MyEtherWallet and Coinbase Wallet for interacting with web 3. Individuals and institutions can use the wallet to use Ethereum and other smart contract chains for minting NFTs, accessing DeFi, and other things.
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