Self-custodial crypto wallet MetaMask has issued a warning to its users about a rumored upcoming airdrop making waves on social media. According to the Web3.0 wallet provider, there is no airdrop scheduled for March 31st as promoted by certain Twitter accounts that have been cloned to resemble the official MetaMask account or related to a MetaMask token airdrop.
“There are quite a few false rumors going around about a MetaMask snapshot/airdrop/etc. on March 31. These rumors are not only false, but they are dangerous. They create opportunities for scammers and phishers. Please be on the lookout for fake sites in the coming days,” MetaMask tweeted.
🚨There are quite a few false rumors going around about a MetaMask snapshot/airdrop/etc. on March 31.
These rumors are not only false, but they are dangerous. They create opportunities for scammers and phishers.
Please be on the lookout for fake sites in the coming days🙏
— MetaMask 🦊💙 (@MetaMask) March 28, 2023
The disclaimer from MetaMask has not stopped community members from voicing their anticipation of an airdrop in the near future.
“The best way to tackle this issue is to let us all know when the Airdrop will officially take place,” @0itsali0, a MetaMask Twitter community member replied.
ConsenSys, the developer of the Web3.0 wallet provider is yet to give a response to a potential airdrop.
Airdrop Rumor Triples Transactions on MetaMask
Noteworthy, the airdrop rumor pushed more transactions into the protocol as the figures almost tripled.
Based on data from the blockchain analytic platform DappRadar, MetaMask recorded 21,460 transactions, a significant leap from the 8,000 transaction baseline. A similar event happened in November 2021 when rumors of an airdrop made rounds.
In this present case, the rumors may have been ignited by a recent “fireside chat” session with Joe Lubin, the Chief Executive Officer (CEO) of ConsenSys and co-founder of Ethereum at ETHDenver 2023. During this chat, Lubin announced active plans to decentralize MetaMask. At a later time, he confirmed that the team is working on launching a token.
Not gonna happen jpm owns at least 10% of mm's controlling entity they dont want tokens on the balance sheet i bet
— Andrew T (@Blockanalia) November 8, 2021
Lubin made a similar announcement in November 2021 in response to a statement on Twitter. “ConsenSys has thousands of tokens on our balance sheet. ConsenSys is vigorously controlled by its employees, which includes me. And we are driving towards decentralization of several of our projects. Wen $MASK? Stay tuned. Wen objective journalism, ser?”
So far, MetaMask has been integrated into other protocols including Lido and Rocket Pool for staking as well as with PayPal.
