Starknet token distribution not yet finalized, despite speculation over portal screenshots

The Starknet Foundation has moved rapidly to quash speculation astir screenshots of aboriginal iterations of a organisation portal for the upcoming motorboat of its autochthonal SRTK ecosystem token.

Information shared with Cointelegraph up of an announcement connected X (formerly Twitter) outlined that the Foundation is inactive processing plans to administer the token to definite users, contributors, and investors. The Ethereum furniture 2 scaling web antecedently outlined archetypal plans for the Starknet token plan successful July 2022.

We person seen that a preview of an iteration of a imaginable provisions portal has been shared connected societal media. As noted a twelvemonth agone successful the archetypal announcement of the STRK token, the Starknet Foundation is processing plans to administer the token to definite users/contributors for…

— Starknet Foundation (@StarknetFndn) December 1, 2023

Screenshots disseminated online person been labeled “draft plans that are inactive nether development.” A spokesperson from StarkWare told Cointelegraph that details of authoritative criteria and the proviso mechanics of STRK tokens volition beryllium shared erstwhile the institution has finalized them:

“The cut-off for immoderate criteria utilized to find who whitethorn person tokens oregon however galore tokens is successful the past, and nary actions oregon enactment present tin interaction eligibility successful immoderate way.”

The institution besides stressed that assemblage members should beryllium acutely alert of scams that volition look to instrumentality vantage of immoderate uncertainty astir the STRK token distribution.

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A fig of antithetic X users reposted screenshots of the aboriginal iterations of the Starknet token provisions portal and further accusation that alluded to definite requirements to person STRK tokens.

Another representation circulated online containing missing substance and spelling errors intimates that GitHub developers, aboriginal Ethereum adopters, and stakers, arsenic good arsenic Starkex users, could besides beryllium eligible for STRK tokens nether definite criteria. This accusation conflicts with the archetypal organisation plans shared by StarkWare successful 2022.

Another screenshot circulated connected societal media which purportedly shows further eligibility criteria for the planned STRK token distribution. (Source: X (formerly Twitter)

StarkWare’s archetypal station outlining plans for the STRK tokens notes that 10 cardinal tokens person been minted off-chain. This includes a disclaimer noting that STRK tokens bash not correspond equity successful StarkWare, participatory rights successful StarkWare, oregon immoderate close of assertion from the company.

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The archetypal plans for token allocation noted that 17% would spell to StarkWare investors, and 32.9% to Core contributors, including StarkWare employees, consultants, and Starknet developer partners. The remaining 50.1% were granted to the Starknet Foundation and are earmarked to beryllium distributed for a assortment of instances arsenic per the screenshot below:

Starknet had antecedently stressed that precedence would beryllium fixed to developers of halfway infrastructure and decentralized applications (DApps) arsenic good arsenic different contributors to ecosystem security. 

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