Consensys Launches MetaMask Snaps Snaps are new features and functionality that MetaMask users can install directly into their wallets. Previously, features of MetaMask were exclusively developed by MetaMask developers of Consensys. Consensys' initial rollout will have 34+ Snaps with utilities such as transaction insights, interoperability with non-EVM blockchains like Bitcoin, and notifications.

By Paromita Gupta

You're reading BIZ Experiences India, an international franchise of BIZ Experiences Media.

Earthweb

ConsenSys, a blockchain and web3 company, announced the launch of the first iteration of MetaMask Snaps to the masses. According to the official release, MetaMask Snaps will aim at revolutionizing the way users interact with MetaMask, a self-custody web3 platform. With this development, users will have the option to choose from a wider variety outside of the MetaMask offerings.

Snaps are new features and functionality that MetaMask users can install directly into their wallets. Previously, features of MetaMask were exclusively developed by MetaMask developers of Consensys. Consensys' initial rollout will have 34+ Snaps with utilities such as transaction insights, interoperability with non-EVM blockchains like Bitcoin, and notifications.

"The most important part of the Snaps story to me is that we now have a system at the heart of our wallet that allows us to step back and humbly invite the community to provide their own solutions to the hardest problems. I have some big ideas and opinions about what the future of transaction safety could look like, but that's no reason for it to be the only idea being validated. We're helping usher in a new paradigm of distributed computing, and there are a lot of questions that need creative solutions, and so I still believe that lowering the barrier and cost to trying new things can be an important accelerant to finding good answers to those hard problems. This isn't about accelerating technology for its own sake, it's about accelerating the process of finding improvements in the ways we do things," said Dan Finlay, Co-founder, MetaMask and Chief Ethos Officer, Consensys.

Indian developers such as Leap and Push Protocol are also behind the product.

According to the company, "Third-party developers building Snaps can independently ship and maintain their creations, separate from MetaMask. They maintain ownership of their code and establish a direct connection with their Snap's users. In the long term, MetaMask users will benefit from the convenience and versatility of countless Snaps, tailored for various use cases, across multiple protocols. They will see features that haven't been imagined yet, developed at a pace that MetaMask couldn't have achieved on its own."

Paromita Gupta

BIZ Experiences Staff

Freelancer

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Business Solutions

Learn How to Use ChatGPT to Automate Your Business

Streamline operations, boost productivity, and future-proof your skills with 25+ hours of hands-on training for just $19.97.

Science & Technology

Stop Using ChatGPT Like an Amateur — Turn It Into a $100K Business Strategist

I used one ChatGPT prompt to uncover exactly why my funnel wasn't converting — and how to fix it.

Growing a Business

How the Next Generation of BIZ Experiencess Is Outpacing Us — and Why

Today's founders are flipping the script and redefining how startups are built.

Productivity

These 13 Founders Share Their Number 1 Piece of Advice to Help You Set and Achieve Your Business Goals

From time management tips to shifting your energy these founders share their go-to business tips to help you thrive in 2023.

Business News

Venus Williams Just Played in Her First Professional Tennis Tournament in Years — to Keep Her Health Insurance

Tennis icon Venus Williams made more than $42 million during her professional career, but said this week that she needed to return to work to keep her insurance.