Coinspeaker
6 October 2025
16 0

MetaMask to Distribute $30 Million Tokens in Season 1

MetaMask Incentive Reward and Token Distribution

  • Consensys’ CEO Joseph Lubin clarified ongoing discussions about a MetaMask incentive reward, stating they are early prototypes.
  • MetaMask plans to distribute over $30 million worth of tokens in Season 1 as rewards for users' on-chain activities.
  • Tokens include $LINEA, rewarding users who have engaged with MetaMask since its inception.
  • This initiative aims at building a token economy and enhancing user experience through incentives and referrals.

Developments and Partnerships

  • The launch of the MetaMask token, MASK, is anticipated, potentially arriving sooner than expected.
  • The Ethereum-based Layer-2 network has introduced MetaMask USD (mUSD), available on the Ethereum mainnet and Linea network.
  • ConsenSys partnered with Swift and 30 major financial institutions, including JPMorgan Chase and HSBC, to develop a blockchain-based ledger for cross-border transactions.