April 16, 2024

MetaMask to start charging for commercial use

MetaMask to start charging for commercial use

According to the new MetaMask user agreement, from now on, some developers will have to pay to use the company's products for commercial purposes.

The company claims that the changes will only affectper user base, and most app developers and nonprofit organizations will be able to continue to work free of charge. The MetaMask team is forced to take such a step in order to be able to offer high quality products and develop the project in the future.

The press release states that from now oncopying, modifying or branching the codewallet base for commercial use, the company will start charging fees based on a formal agreement. For example, if a resource with an audience of more than 10 thousand users a month has copied MetaMask and offers it on a commercial basis, then company representatives will contact and offer to conclude a formal agreement on the use of the product.

Despite the fact that the team is one of the mostpopular wallets for ethereum and tokens based on it will continue to publish and iterate the vendor's API in the public domain, providing a wide cross-compatible ecosystem of applications, its code will continue to be published in the public repository.

The demand for convenient and secure crypto wallets is also driving the growing popularity of DeFi.

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