MetaMask co-founder Dan Finlay recently stirred the cryptocurrency community when revealing the potential launch of the MASK token in an interview with The Block on May 15, 2025. Is this a turning point for the world's most popular crypto wallet or just a curious 'hint'?
The Possibility of Launching the MASK Token: From 'Possible' to Promising
When asked about the token #MASK in the 'Crypto Beat' program, Finlay replied briefly 'Maybe' with a mysterious smile, then affirmed: 'If we actually release a token, an announcement will appear directly in the MetaMask wallet, with an official link right on the interface.' Although there are no specific plans yet, this statement raises hopes, especially as the Trump administration becomes increasingly open to crypto, along with the SEC withdrawing its lawsuit against ConsenSys – the parent company of MetaMask – from February 2025, reducing legal pressure.
Finlay is optimistic: 'I hope everyone takes this opportunity to break through old limits and create new precedents for the community.' He believes that the favorable legal environment under Trump will usher in a wave of development for tokens.
History and Vision of the MASK Token
The idea of the MASK token is not new. In 2021, engineer Erik Marks mentioned in a community meeting about decentralized ownership #MetaMask via token. ConsenSys CEO Joseph Lubin once teased with a tweet 'Wen $MASK?', and in 2022, he officially confirmed MASK as part of the 'progressive decentralization' roadmap. This token will come with DAO, but not focused on governance, primarily serving as a community fundraising tool, with restrictions to avoid exploitative airdrop hunting, ensuring fair distribution.
However, Finlay acknowledges the legal risks under former SEC Chairman Gary Gensler – who viewed most tokens as illegal securities offerings – as the reason for the delay. He shared: “Securities laws are still securities laws. Even though the current environment is more open, many projects still operate in a gray area.”
MetaMask's Position and Future Plans
MetaMask currently leads with over 30 million active users monthly as of 2024, surpassing competitors like Rainbow and Rabby. ConsenSys, the parent company with 500 global employees, continuously improves user experience (UX) and announces a roadmap for expansion into Bitcoin and Solana in 2025. This strengthens MetaMask's position, even as it faces fierce competition.
Controversy Over Fake Tokens
In March 2025, the DEX LogX listed the token 'MASK' on pre-market despite no confirmation from MetaMask or ConsenSys, raising doubts about transparency. MetaMask immediately denied, stating that there is no token being issued or traded, and amended the announcement to remove the word 'currently' to assert that there are no recent plans. This incident clarifies the intention to protect reputation, although it does not rule out the possibility of a future release.
Impact and Prospects
If MASK launches, MetaMask could enhance its role in the cryptocurrency ecosystem, especially as Bitcoin ($104,000) and Ethereum ($2,500) are growing, with crypto fund inflows reaching $3.4 billion last week and forecasted to accumulate $330 billion into Bitcoin by 2029. In the next 1-2 years, if the legal framework continues to support, MASK could promote decentralization and expand the community.
Conclusion: MASK – Dream or Reality?
Dan Finlay opens up hope for the MASK token, with a commitment to notify directly in the wallet if it is released. Although previously delayed by legal risks, changes under Trump and the withdrawal of the SEC lawsuit create new opportunities. With MetaMask's leading position, MASK could be a turning point, ushering in a wave of development for cryptocurrencies, if it overcomes transparency and legal challenges.
Risk warning: Investing in cryptocurrency carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating. #anhbacong
