ConsenSys <\/strong>CEO Joseph Lubin confirmed the plans in a comment to crypto outlet Decrypt, which is also funded by ConsenSys.<\/p>\n“There is a DAO that is being formed right now in the context of MetaMask,” Lubin was quoted as saying. “It won\u2019t govern MetaMask, but it will enable the creation of novel new pieces of MetaMask to be funded.”<\/p>\n
While Lubin did not disclose much detail about the DAO, like its launch date, he did confirm plans to launch a token. Previously, MetaMask head of operations Jacob Cantele had told the media that the token launch will “not [be] a cash grab.”<\/p>\n
According to ConsenSys, MetaMask exceeded 30m monthly active users in January, a 42% increase in four months. The company announced the new user tally along with details of its latest fundraising round, saying it had raised USD 450m at a valuation of over USD 7bn.<\/p>\n
ConsenSys is a blockchain software technology company that builds Web 3 apps and blockchain-based financial infrastructure running on the Ethereum mainnet.<\/p>\n
In its latest fundraising round, ConsenSys received investment from a number of high-profile industry players, including Microsoft<\/strong>, Temasek<\/strong>, SoftBank Vision Fund 2<\/strong>, Anthos Capital<\/strong>, and Sound Ventures<\/strong>.<\/p>\n“I think of ConsenSys as a broad and deep capabilities machine for the decentralized protocols ecosystem, able to rapidly capitalize at scale on fundamental new constructs that emerge, such as developer tooling, tokenization, token launches, wallets, security audits, DeFi (1.0, 2.0 and beyond), NFTs, bridges, Layer-2 scaling, DAOs, and more,” Joseph Lubin, Founder and CEO of ConsenSys, was quoted as saying.<\/p>\n
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<\/strong>
– Ethereum Co-Founder Raises USD 450M & Bashes Solana
– Sotheby\u2019s Bored Ape NFT Auction Attracts Nearly USD 20M In Bids<\/p>\n– MyCryptoMetaMask Ethereum Move
– Shareholders vs. ConsenSys<\/p>\n
– NFTs Coming to Instagram in \u2018Several Months\u2019 as Metaverse is ‘Next Chapter of the Internet’ – Zuckerberg
– Web3 in 2022: Defining a Concept & Developing a New Paradigm<\/p>\n<\/p><\/div>\n