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Home»ADOPTION NEWS»The Starknet Foundation confirms a screenshot showing the draft airdrop plan and says the snapshot has already been taken.
ADOPTION NEWS

The Starknet Foundation confirms a screenshot showing the draft airdrop plan and says the snapshot has already been taken.

By Crypto FlexsDecember 3, 20232 Mins Read
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The Starknet Foundation confirms a screenshot showing the draft airdrop plan and says the snapshot has already been taken.
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The Starknet Foundation, the organization behind the Ethereum layer 2 network Starknet, addressed speculation about an upcoming airdrop. screenshot On social media.

This screenshot, taken from a page that briefly appeared on the Starknet website, sparked widespread user speculation. They showed us a list of airdrop criteria and explained what types of cryptocurrency activities are suitable for airdrop addresses. However, the page appeared to be an early draft because some copies were missing and the project name was misspelled.

Commenting on the incident, the Starknet Foundation said, “Technical teams build and test various front ends, some of which see the light of day, some of which do not.”

The foundation emphasized that the screenshot depicts a draft plan that is still under development. “We will share final formal criteria and details on supply allocation when ready,” he said.

The Foundation also confirmed that the airdrop eligibility deadline has already been determined, making it clear that further user action will not affect eligibility.

Starknet token drop in advance notice

Plans for airdrops are not unexpected. The possibility of community rewards was already mentioned in the announcement of the Stark token a year ago.

The Starknet Foundation detailed in its 2022 announcement that a total of 10 billion STRK (Stark) tokens will be issued. Of this, 50% will be retained by the organization and the remainder will be allocated to core developers, ecosystem contributors, and the community.

Starknet operates as a decentralized layer 2 network on Ethereum using a zero-knowledge rollup solution. This approach involves compressing multiple transactions at an off-chain layer and then posting them to the Ethereum network in batches.

StarkWare, known for inventing the Stark cryptographic proof mechanism, was the original designer of Starknet. Current project development is led by the Starknet Foundation.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

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