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Big Up for Metamask: They have rejected multiple offers by tech giants and centralised exchanges to buy them out!

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by COINS NEWS 231 Views

Big Up for Metamask: They have rejected multiple offers by tech giants and centralised exchanges to buy them out!

There has been a bunch of rumors lately about metamask, as always spread by anons on twitter who definitely dont have any verified information, but none the less rake up hundrends of likes and re-tweets on their lies.

One such lie proclaimed JP Morgan has acquired Metamask!

First of all, imagine giving any credit to a statement made by an account with THAT name!

That is crypto twitter for you - a cess pool of lies and misinformation, peddled by anons.

Thankfully, Metamask were quick to rubbish these rumors.

No, Metamask is not owned by JP Morgan.

Furthermore, true to their ethos of decentralisation and web3 innovation, they have also rejected offers from web2 giants and centralised exchanges. This is definitely commendable, as many early crypto tools/wallets/websites have already sold out to bigger companies, making the ecosystem more centralised. (Example - Coinmarketcap)

The MetaMask team has been approached for outright acquisition multiple times by web2 tech giants and centralized exchanges. The answer has always been, and will continue to be, β€œno\".

submitted by /u/Set1Less
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