MetaMask is an application that allows users to access a secure Ethereum ERC20 compatible wallet directly from their browser.
Participants in the Verasity Token Sale need to send their contribution from a non-exchange ERC20 compatible wallet — MetaMask is one of these.
1) MetaMask is not endorsed by Verasity. There are many other ERC20 wallets out there which you may prefer to use — please make sure you do your own due diligence and research.
2) If you try to participate in the Verasity Token Sale by sending funds from an exchange wallet you will not receive your tokens.
3) Verasity will never contact you via social media, Telegram, or email asking you to send funds to a wallet address.
How to set up your MetaMask wallet
1) Download the plugin
In order to install MetaMask visit the Chrome web store: https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn
Click “ADD TO CHROME” and agree to add the MetaMask extension into your Chrome browser.
2) Activate the plugin
When the Chrome extension is installed you’ll see the MetaMask (fox) icon in the top right corner of your Chrome window. Click the MetaMask icon, “accept” the privacy agreement and the Terms and Conditions.
3) Create your account
Now you need to create a password for your MetaMask account — this is what you’ll use on a daily basis to log into it.
Ideally, the password you choose will be 8-characters or longer and include numbers, capitals, small letters, and symbols. Try and avoid using anything that may be easy-to-guess. Once you have entered and confirmed your password click “create”.
4) Save your seed words
MetaMask will now provide you with a list of “seed words”. Seed words are also known as a Recovery Phrase. You’ll use this random list of words if you lose your password and need to recover your funds and wallet.
It is highly recommended that you write these words down and keep them in a safe place or save the seed words as a file and then password protect it.
Many people skip this process and end up losing access to their wallet entirely.
Ideally keep multiple copies of your seed words in different places. It’s not advisable to take pictures of your seed words or make digital copies of them.
You should not store them in your email, cloud storage, or your phone’s photo library as if you are hacked you could lose your wallet and funds. If you must keep them in email or cloud storage make sure they are encrypted with at least an 8 character complex password.
Once you’ve confirmed your seed words are saved securely your wallet is ready! You are now able to send Ethereum to your MetaMask wallet and are one step closer to participating in the Verasity Token Sale.
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