Unfortunately, a Metamask airdrop or snapshot is not underway right now, and the Web3 wallet provider even posted a warning.
🚨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
Truth be told, with everyone dishing out new token airdrops (Blur, Arbitrum, my grandmother…), it’s becoming increasingly difficult to spot the fake scammy news from the legit ones.
Note that, this doesn’t mean Metamask won’t ever decide on doing one. It just means that March 31 ain’t it…
Naturally, the recorded activity on MetaMask increased dramatically following the rumors with many people suffering from early-onset FOMO.
In detail, data from DappRadar shows that the number of transactions on March 27 reached 21,460 from a baseline of approximately 8,000.
Fake Metamask Coin Airdrop Threads
A number of fake Metamask-affiliated accounts popped up on Twitter and promoted the fake news. But we won’t be publicly sharing any of these scammers on here…
And the announcements were so believable that many users started writing down their own take on strategies to reap the most out of the Metamask ‘airdrop’.
Unbeknownst. Maybe.
Metamask Airdrop Guide 🪂
The $MASK token has been confirmed. Don't miss your chance at getting one of the biggest airdrops in crypto.
-A Quick Guide on how to qualify for the $MASK token.
1/10 pic.twitter.com/OkT5HtEB1a
— Emperor Osmo🧪 (@Flowslikeosmo) March 28, 2023
My strategy for possible @MetaMask #airdrop.
Twitter feed is flooded with rumors about a future $MASK token airdrop. I'm not going to argue about the validity of these rumors.
I don't want to feel FOMO, so I made a couple of accounts using this strategy. 🔽🧵
1/15 pic.twitter.com/X80syHA866
— Leshka.eth ⛩ (@leshka_eth) March 28, 2023
What people are saying
It’s never a good idea to fall for rumors. Always get your information on everything Web3 DIRECTLY from the source.
And since scamming people is hardly a noble act, herds of people were absolutely livid on Twitter.
It’s worth noting that most of those are solely blaming Metamask for not acting immediately.
Can we blame them? Absolutely not.
Metamask could have easily nibbed the airdrop rumor right in the bud where it started. And the whole bandwagon would’ve been avoided.
Maybe this announcement should have been made days ago . The scammers are already out there and a lot of people have been really using the bridges with the commission fees trying to position themselves for the ‘airdrop’
— Mars_DeFi(💙,🧡) (@Mars_DeFi) March 28, 2023
So, why didn’t they?
Were they analyzing the engagement rates and numbers for when an actual native coin does drop? Might or might not be the case…
On the other hand, many of the replies from the community suggest that they are still eagerly waiting…
CAN YOU JUST DO THE AIRDROP ALREADY FOR THE LOVE OF KEVIN
— MAKER LEE | 7713.eth (@0xmakerlee) March 28, 2023
Wen $Mask 🤔
— investinstockz.eth (@investinStockz) March 28, 2023
Where did the rumor originate from?
It all started with the first mention of a Metamask token $Mask back in November 2021…
Andrew, 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?
— Joseph Lubin (@ethereumJoseph) November 8, 2021
ConsenSys CEO and Ethereum co-founder Joe Lubin’s “Wen $MASK? Stay tuned.” was not received lightly for the community took it to heart and were biding their time.
However, the Metamask airdrop flame was reignited during a “fireside chat” session at ETHDenver 2023 on March 14 with Lubin.
In detail, Lubin reiterated that his firm is “actively working to decentralize” MetaMask.
And in the chat, He reportedly confirmed that the team intends to launch a token.
But failed to disclose the ‘when’ of it all…
Will we wait another 2 years for it to ACTUALLY happen? Maybe.
Until then, please don’t fall victim to fishy announcements and links, they just want inside your wallet!
As always, stay tuned for more!