Today marks six years of MetaMask, one of the world leaders in cryptocurrency wallets. They are releasing insider data and exclusive insight into its origin story to celebrate the event. It is also releasing figures and statistics linking to growth worldwide, key market trends and plans for the future.
MetaMask data birthday present to the world
The official statement, a 6-digit growth and strategic update to the market, is now here. MetaMask has a six-figure number of monthly active users (MAUs). In March 2022, MetaMask, a ConsenSys product, had 30 million MAUs.
MetaMask believes this success is due to several reasons. In their own words, they said, “The growth of the last two years can be attributed to the frenzy of interest in Decentralized Finance (DeFi) apps, NFT marketplaces, play-to-earn games, Decentralized Autonomous Organizations (DAOs), and metaverse worlds.”
Created in July 2016 by developers Dan Finlay and Aaron Davies, MetaMask has seen great growth. It is also one of the world’s biggest self-custodial wallets and is synonymous with cryptocurrency and NFT culture. Basically, it is a leading mobile app and browser extension wallet. What’s more, you can use it to store currencies, Defi, Dapps and NFTs.
What does the data tell us?
Countries starting to use web3 and are the fastest growing include Morroco, the United Arab Emirates, China and Turkey. The MetaMask data also shows that the United States leads the way in NFT, DeFi and blockchain gaming. Interestingly, the other top two countries are Brazil and the Philippines.
Finally, there is also a timeline of MetaMask’s triumphs, from its beginnings to the current time. Some of the milestones are the first hardware integration in 2018 and the launch of MetaMask mobile in 2020. The next six years are very exciting for these giant crypto wallet specialists.
Read the full article here