🦊 METAMASK: Democratizing Access To The Decentralized Web!
Opening the sale of NFTs on our own NFT Store getting closer so let’s look at the other company we offer. We’ve taking time to analyze and make some research on the Wallet. This article contains our findings.
Country: California, USA
Industry: cryptocurrency wallet
Daily Volume: $98.94m
A Brief History.
Metamask was developed in 2016 by ConsenSys– a blockchain software technology company founded by Joseph Lubin– in October 2014 and is based in New York City.
Starting in 2019, MetaMask began releasing mobile app versions for closed beta testing, followed by their official public release for iOS and Android in September 2020. During October 2020, MetaMask Swaps, a built-in DEX aggregation service was added to the desktop extension. The product became available on mobile devices in March 2021.
MetaMask allows users not only to store and manage account keys but to broadcast transactions, send and receive Ethereum-based cryptocurrencies and tokens. It allows users to securely access their Ethereum wallet through a browser extension or mobile app, which can then be used to interact with decentralized applications.
A Closer Look At METAMASK!
Whether you’re looking to buy your first non-fungible token (NFT), lend assets on decentralized finance (DeFi) protocol, or simply buy and transfer Ethereum-based tokens, you’ll need crypto-wallet software. MetaMask is popular among new and existing crypto users due to its compatibility with practically all Ethereum-based platforms. With MetaMask, users can connect to more than 3,700 decentralized applications and Web 3 services.
The following are a list of things that sets MetaMask apart from other wallets:
📌 It is open source software. This implies it has a large development community that contributes to its development
📌 The wallet uses hierarchical deterministic settings that assist users to back up their accounts.
📌 MetaMask has integrated ShapeShift and Coinbase exchanges to make it easy to exchange ETH and other ERC-20 tokens.
📌 The wallet has an intuitive user interface and a reliable customer support.
MetaMask distinguishes itself from other wallets with its user friendliness and simplicity. Setting up MetaMask to various blockchains is easy because the steps are short and practically the same each time.
When the MetaMask development team set off designing the wallet in 2016, their goal was to make accessing Ethereum blockchain easy, reliable, and secure. They have managed to achieve these objectives with a great margin.
Since the start of March, the crypto wallet company has earned revenues worth $9.1 million, compared to $2.7 million in the week before. On March 2, 2022, the company recorded revenues worth $7.4 million, the highest since November 30, 2021.
MetaMask Swap earned revenues of $324 million since its launch in October 2020.
While there are a number of different wallet services available, MetaMask continues to be one of the popular ones with over 21 million monthly active users — up by 38x since 2020. What a Crisp revenue model!
MMPro believes in ease and reliability, security and decentralization! You get all that and more with METAMASK. To learn more about Metamask’s Web3 Blockchain Infrastructure, click >>>here<<<
Metamask (Consensys) will be on MMPro NFT Store launching soon. NFTs will be available in 5 Tiers.
*all data provided in this article are relevant to date 08/25/2022