The Starknet Foundation has moved rapidly to quash speculation round screenshots of early iterations of a distribution portal for the upcoming launch of its native STRK ecosystem token.
Information shared with Cointelegraph forward of an announcement on X (previously Twitter) outlined that the inspiration continues to be creating plans to distribute the token to sure customers, contributors and buyers. The Ethereum layer-2 scaling community beforehand outlined preliminary plans for the Starknet token design in July 2022.
We have seen {that a} preview of an iteration of a potential provisions portal has been shared on social media. As famous a 12 months in the past within the unique announcement of the STRK token, the Starknet Foundation is creating plans to distribute the token to sure customers/contributors for…
— Starknet Foundation (@StarknetFndn) December 1, 2023
Screenshots disseminated on-line have been labeled “draft plans that are still under development.” A spokesperson from StarkWare advised Cointelegraph that particulars of the official standards and the availability mechanism for STRK tokens will probably be shared as soon as the corporate has finalized them:
“The cut-off for any criteria used to determine who may receive tokens or how many tokens is in the past, and no actions or activity now can impact eligibility in any way.”
The firm additionally confused that group members needs to be conscious about scams that may look to benefit from any uncertainty across the STRK token distribution.
Related: Ethereum L2 Starknet aims to decentralize core components of its scaling network
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.
Another 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.
StarkWare’s preliminary submit outlining plans for the STRK tokens notes that 10 billion tokens have been minted off-chain. This features a disclaimer noting that STRK tokens do not characterize fairness in StarkWare, participatory rights in StarkWare or any proper of declare from the corporate.
Related: More TPS, less gas: Ethereum L2 Starknet outlines performance upgrades
The preliminary plans for token allocation famous that 17% would go to StarkWare buyers and 32.9% to core contributors, together with StarkWare staff, consultants and Starknet developer companions. The remaining 50.1% was granted to the Starknet Foundation and is earmarked to be distributed in a wide range of cases, as per the screenshot under:
Starknet had beforehand confused 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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