Starknet awards 50 million STRK tokens to the local community
NewsThe 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 token...
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 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.
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.
Coinlive compiled
Join the discussion on the hottest difficulties in the DeFi industry in the chat group Coinlive Chats Let’s join the administrators of Coinlive!!
More From Crypto News
Aster (ASTER) Rises 4.88% in 24 Hours: What the Data Shows
Aster (ASTER) is trading at $0.655837, up 4.88% over the past 24 hours, according to CoinGecko data as of 19:13 UTC on November 11, 2026.
Bitcoin Misses Stock Rebound as ETF Outflows Hit Day Four
Bitcoin failed to follow a broad equity rebound on November 11, trading near $73,993 while Nasdaq-100 futures climbed 1.7% after CoreWeave posted an earnings be...
OCC Clears Coinbase National Trust Company for Crypto Custody
The OCC issued its decision in CD-1370 , formally authorizing Coinbase National Trust Company to operate as a federally chartered trust bank focused on digital-...
Reported Ankr Ethereum Bridge Drain Exceeds $303,000, The Defiant Says
The Ankr Ethereum Bridge was drained of more than $303,000 in an exploit carried out across five transactions.
Binance CFO Steps Down After Reported Hack, Co-CEO Cites Planned Transition
Binance’s chief financial officer has stepped down, the exchange confirmed, with the departure landing nine days after the platform suffered what has been descr...
US Treasury Takes Action Against MEXC Over Alleged $16B in Sanctions-Linked Transactions
The Treasury press release identifies MEXC as the subject of the action and ties the exchange to transaction flows connected to three sanctioned or adversarial...
