Cryptocurrency wallet provider MetaMask has warned the community about a fake airdrop of MASK tokens that has been circulating on social media. The fraudulent rumor suggests conducting an official token snapshot or airdrop on March 31st. The MetaMask team has confirmed that this is not true and has called such rumors “dangerous,” as they provide opportunities for scammers and phishers to target crypto users.
There’s a bunch of people who don’t know what they’re talking about hyping up a “MetaMask token drop snapshot March 31st”. The phishers will probably be out in force around that day. Please take your FOMO vaccines now. 💉💉💉
— Dan Finlay 🦊💙 (@danfinlay) March 28, 2023
ConsenSys, the software giant that runs MetaMask, plans to launch a Decentralized Autonomous Organization (DAO) to fund the creation of new pieces of MetaMask as part of its expansion plans in navigating Web3. This has sparked several rumors about a token. While some early adopters anticipate receiving it, similar to other projects such as Uniswap, the team has given little indication of how the token launch could occur.
Senior product manager at MetaMask, Alex Jupiter, revealed to CryptoPotato that they only consider things when they see a use case, and right now, experimenting with forms of tokens with MetaMask does not seem to be one. However, ConsenSys CEO and Ethereum co-founder Joe Lubin has indicated that the company is working to decentralize MetaMask, and a token launch is still a possibility. Their head of operations also mentioned that the company plans to proceed prudently with the token launch, which will not be a “cash grab” event.
Earlier this year, MetaMask cautioned users about “Address Poisoning,” a new scam used to lure users into sending funds to a scammer rather than an intended recipient. The scammer “poisons” the wallet’s transaction history with addresses that appear similar to those used in the user’s recent transactions, using a vanity address creator to make an address resembling the one involved in the recent transaction.