Joseph Lubin, the founder of Consensys, said that the LINEA token will launch before any token linked to MetaMask. He made this statement during a recent post on X. Lubin responded to questions about possible Consensys token launch plans.
According to Lubin, Consensys is using a phased rollout strategy. Before launching any token, the company focuses on turning each product into a decentralized protocol. He referred to this step-by-step approach as protocolization.
The first product in this plan is LINEA, an Ethereum layer-2 network. The LINEA Association operates the network, which aims to lower transaction costs and improve performance. Based on L2Beat data, LINEA currently secures around $370 million in value. This places it among the top ten Ethereum layer-2 networks.
The LINEA token was originally scheduled for release by the end of Q1 2025, but the launch did not happen. Lubin’s recent comment confirms the token is still in development.
MetaMask Token Unlikely in the Near Term
Lubin also addressed the MetaMask token rumors. He said a token will only come if MetaMask wallet becomes more like a protocol. At this time, the wallet is not built as a decentralized protocol.
The MetaMask wallet remains one of the most used tools in the Ethereum ecosystem. In 2024, MetaMask had more than 30 million users. It works as a bridge between users and decentralized apps.
In March 2025, the MetaMask team warned the public about scams involving fake MetaMask token promotions. They clarified that no official token had been launched.
Lubin did not give any timeline or token details for MetaMask. He said the wallet must evolve before the company considers a token.
More Consensys Products May Launch Tokens Later
Lubin noted that other Consensys products might also release tokens. Each token will support specific roles such as governance, incentives, or connections between decentralized apps. These details will depend on how each project grows under the protocolization model.
The LINEA token, once launched, will be part of that model. The LINEA Association has not yet shared further information about its token design, distribution, or functions.
Lubin made it clear that the company is not rushing to launch tokens. Instead, the Consensys token launch timeline depends on each product’s readiness.
LINEA Holds $370M in Locked Value, Says L2Beat
L2Beat data shows that the LINEA network secures over $370 million. That figure places it among the leading Ethereum layer-2 networks. Its goal is to provide faster and cheaper transactions on the Ethereum blockchain.
The LINEA Association manages the network and its upcoming token release. While the original timeline was missed, the token is still in progress. Lubin’s comments confirm that the LINEA token will arrive before any other tokens from Consensys.
So far, no dates or details about the tokenomics have been announced. However, Lubin’s response offers the clearest signal yet about Consensys’ token launch strategy.
