Home>BLOCKCHAIN>Starknet token distribution not but finalized, regardless of hypothesis over portal screenshots

Starknet token distribution not but finalized, regardless of hypothesis over portal screenshots


The Starknet Basis has moved rapidly to quash hypothesis round screenshots of early iterations of a distribution portal for the upcoming launch of its native SRTK ecosystem token.

Data shared with Cointelegraph forward of an announcement on X (previously Twitter) outlined that the Basis remains to be growing plans to distribute the token to sure customers, contributors, and traders. The Ethereum layer 2 scaling community beforehand outlined preliminary plans for the Starknet token design in July 2022.

Screenshots disseminated on-line have been labeled “draft plans which can be nonetheless beneath growth.” A spokesperson from StarkWare instructed Cointelegraph that particulars of official standards and the availability mechanism of STRK tokens will likely be shared as soon as the corporate has finalized them:

“The cut-off for any standards used to find out who might obtain tokens or what number of tokens is prior to now, and no actions or exercise now can impression eligibility in any method.”

The corporate additionally harassed that group members needs to be aware of scams that can look to reap the benefits of any uncertainty across the STRK token distribution.

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A variety of totally different X customers reposted screenshots of the early iterations of the Starknet token provisions portal and additional data that alluded to sure necessities to obtain STRK tokens.

One other picture circulated on-line containing lacking textual content and spelling errors intimates that GitHub builders, early Ethereum adopters, and stakers, in addition to Starkex customers, may be eligible for STRK tokens beneath sure standards. This data conflicts with the preliminary distribution plans shared by StarkWare in 2022.

One other screenshot circulated on social media which purportedly reveals extra eligibility standards for the deliberate STRK token distribution. (Supply: X (previously Twitter)

StarkWare’s preliminary submit outlining plans for the STRK tokens notes that ten billion tokens have been minted off-chain. This features a disclaimer noting that STRK tokens don’t symbolize fairness in StarkWare, participatory rights in StarkWare, or any proper of declare from the corporate.

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The preliminary plans for token allocation famous that 17% would go to StarkWare traders, and 32.9% to Core contributors, together with StarkWare workers, consultants, and Starknet developer companions. The remaining 50.1% have been granted to the Starknet Basis and are earmarked to be distributed for a wide range of cases as per the screenshot beneath:

Starknet had beforehand harassed that priority could be given to builders of core infrastructure and decentralized functions (DApps) in addition to different contributors to ecosystem safety. 

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