StarkNet Foundation to distribute 50 million STRK among early ecosystem participants

The StarkNet Foundation, which backs the development of the L2-project StarkNet, will distribute 50 million STRK among early community participants.

The Starknet Foundation announced the distribution of 50 million STRK tokens to early Starknet community members, including rewards for contributors who discuss technical discussions, organize events, and publish content regularly. The application window is open until November…

— Wu Blockchain (@WuBlockchain) October 31, 2023

In this first phase of the distribution, the program will cover the following categories:

• active commentators in discussions regarding the technical aspects of the project;
• individual participants in key ecosystem projects;
• organisers of thematic events (meetups, conferences, seminars);
• people who regularly published content.

Applications are open until November 23, 2023. Final decisions will be made on December 29.

StarkWare developers delayed the first STRK unlock by more than five months.

In July, the team launched the Quantum Leap update, designed to increase the system’s throughput.