Joseph Lubin, co-founder of Ethereum and CEO of Consensys, confirmed plans on Monday, October 6, to launch a rewards program for MetaMask wallet users, as well as the future issuance of a native token. The announcement comes after rumors and leaks about a possible airdrop.

In a post on social media platform X, Lubin clarified that while the leaked concepts were "early prototypes," the vision behind them "is very real." The goal, he noted, is to "build a token economy."

The incentive program seeks to reward users for the activity they already perform in the wallet . As Lubin explained, "In Season 1, we will distribute over USD 30 million in multiple forms, including $LINEA tokens for users for the on-chain activity they already perform each day."

One of the key points of the announcement focused on the platform's oldest users, known as "OGs." Lubin asserted that the future MetaMask token "will honor the OGs who have been with us from the beginning . "

He added that "long-term users will see special benefits, not only through Rewards Season 1, but also through MetaMask's upcoming TGE (Token Generation Event)."

MetaMask’s official X account reinforced this message, addressing its most loyal community directly: “And to the OGs… we see you.”

The rewards program will include, among other benefits, referral incentives, exclusive partner rewards, and access to new digital assets. MetaMask announced that full details and the program launch will take place "in the coming weeks . "

There have been rumors that MetaMask would reward users with an airdrop since at least 2023. Now, those rumors have been confirmed, and wallet users can start getting excited.