Close Menu
    What's Hot

    Jack Mallers’ Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000

    Tim Draper Says BTC Will Replace The US Dollar in 10 Years

    Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

    Facebook X (Twitter) Instagram
    MarketsNews.co.uk
    • Live Chart
    • Brokers
    • Scam Broker
    • Reviews
    • Tools
      • Lot Size Calculator
      • Margin Calculator
      • PIPS Calculator
      • Profit & loss calculator
    Facebook X (Twitter) Instagram
    Start Trading
    Trending Topics:
    • Markets
    • Stocks
    • Cryptocurrency
    • Forex
    • Scam Broker
    MarketsNews.co.uk
    • Markets
    • Stocks
    • Cryptocurrency
    • Forex
    • Scam Broker
    Cryptocurrency

    Metamask Co-Founder Launches Consent Token on Solana and Base

    Anthony M. OrbisonBy Anthony M. OrbisonNovember 29, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Metamask Co Founder Launches Consent Token on Solana and Base

    INVESTORS3

    .

    Dan Finlay, co-founder of Metamask, has introduced a new token called Consent ($CONSENT), available on the Solana and Base blockchains. This innovative token seeks to highlight the importance of user consent and intellectual property in an era increasingly dominated by artificial intelligence. Finlay’s creation represents an attempt to bring attention to ethical issues surrounding the use of personal data and intellectual contributions, particularly in training AI systems.

    The idea for the Consent token emerged from Finlay’s activity on Clanker, a platform hosted on Farcaster. The token is positioned within the memecoin category but is unique in its focus on promoting awareness around user rights and consent. It introduces a concept Finlay describes as an “ambiguous consent” framework, aimed at sparking dialogue within the blockchain and Web3 ecosystems about data ownership and ethical AI use.

    While the token is available on both Solana and Base, Solana has quickly emerged as the preferred platform among users. Trading activity on Solana significantly outpaced that on Base within hours of the token’s release, with a trading volume exceeding $50,000. This strong adoption is reflected in the bonding curve, which demonstrates growing community interest and engagement on the Solana chain. One key factor driving this momentum is the token’s integration with the Raydium Liquidity Pool, which enhances its visibility and usability within the Solana ecosystem.

    Dan Finlay’s involvement extends beyond the token’s launch. He has actively engaged with the blockchain community, using platforms like Warpcast to share insights and foster discussion about the strengths and weaknesses of different ecosystems. His observations have sparked comparisons between Warpcast and Solana’s memecoin environments, underscoring the competitive dynamics in the space.

    Finlay has also been vocal about the challenges posed by Clanker, a meme distribution platform within the Base ecosystem. He has warned of potential risks on Clanker, such as being “front-run and rugged,” where malicious actors manipulate the system to exploit new projects and early adopters. In contrast, Finlay has expressed his support for Pump.fun, which he views as a more reliable alternative. Pump.fun, developed by its founding member, offers a transparent and trustworthy model, making it more suitable for memecoin crowdfunding. Finlay has highlighted the difficulties of raising funds on Clanker due to its vulnerabilities and the associated risks for project supporters.

    The Consent token embodies Finlay’s broader vision of using blockchain technology as a platform for addressing pressing ethical issues. By focusing on themes like user autonomy and intellectual property rights, the project serves as a reminder of the potential for blockchain to drive meaningful conversations beyond financial speculation. It positions Consent not just as a memecoin but as a catalyst for broader discussions about the intersection of technology, ethics, and user empowerment.

    As the Consent token continues to gain traction, particularly on Solana, its impact will depend on the extent to which its message resonates with the wider blockchain and AI communities. Finlay’s ongoing involvement and leadership suggest that the token’s launch marks the beginning of a deeper exploration into how digital ecosystems can respect and prioritize user consent.

    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleIs the stock market open or closed on Black Friday? See hours, full 2024 holiday schedule
    Next Article These are the biggest Black Friday travel sales out there now
    Anthony M. Orbison
    • Website

    Related Posts

    Jack Mallers’ Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000

    May 13, 2025

    Tim Draper Says BTC Will Replace The US Dollar in 10 Years

    May 13, 2025

    Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market

    May 13, 2025
    Leave A Reply Cancel Reply

    Amazon.com, Inc.
    $211.37
    $2.73
    1.31%
    Meta Platforms, Inc.
    $656.03
    $16.60
    2.60%
    S&P 500
    $5,886.55
    $42.36
    0.72%
    Alphabet Inc.
    $160.89
    $1.31
    0.82%
    EUR/USD
    $1.12
    $0.0000
    0.00%
    EUR/JPY
    $165.13
    $0.177
    0.11%
    USD/CAD
    $1.39
    $0.0001
    0.01%

    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    We're social. Connect with us:

    Facebook X (Twitter)
    • Home
    • About us
    • Contact
    • Disclaimer
    • Privacy Policy
    © 2025 Marketsnews.co.uk

    Type above and press Enter to search. Press Esc to cancel.