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Home Crypto News

Starknet awards 50 million STRK tokens to the local community

October 31, 2023
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The Starknet Foundation just announced a approach to reward people who have contributed to the network due to the fact its early days with 50 million STRK tokens.

Starknet awards 50 million STRK tokens to the communityStarknet allocates 50 million STRK to the local community. Photo: Il Blocco

The Starknet Foundation will set aside 50 million STRK for early contributors to the ecosystem, approximately understood as early adopters of the network.

Starknet Early Community Member Program (ECMP) Announcement

one/ Today we are pleased to announce the introduction of ECMP, a plan focused to recognizing the many pillars of our local community who have contributed to Starknet to date.https://t.co/1otPM9oymS

— Starknet Foundation (@StarknetFndn) October 30, 2023

Called the Early Community Member Program (ECMP), the plan rewards persons who are energetic, organize Starknet-relevant occasions, and actively generate information that promotes Starknet. Clarification undertaking The ECMP is not regarded an airdrop plan.

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To obtain the airdrop, persons and tasks want request Ask Sponsor and plainly clarify your contribution. The Program is not meant for residents and customers of the United States.

In the announcement, the Starknet Foundation stated:

“We would like to take this opportunity to recognize and reward people who have significantly contributed to the Starknet ecosystem in various ways”

StarkWare, the developer of Starknet, announced the launch of STRK in July 2022, with a complete provide of ten billion tokens and the 1st token unlock date of November 29, 2023. However, in early October, the undertaking has modified the unlocking contract to April 2024, i.e. up to five months later on than anticipated. This token is mostly allotted to the Starknet Foundation, 32.9% is paid to the core group of contributors, and 17% is paid to traders.

Starknet is the dominant layer-two resolution at the minute, but the undertaking has not nevertheless produced any moves relevant to airdrops for the local community.

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