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New Crypto Intitiative to Airdrop Tokens to 1.3M Wallets

New Crypto Intitiative to Airdrop Tokens to 1.3M Wallets

The distribution plan for the native token of the Starknet Foundation has been unveiled, offering rewards to approximately 1.3 million eligible wallets, including early adopters of ecosystem dapps and network contributors.

This initiative aims to decentralize and govern the Starknet Ethereum Layer-2 network.

The distribution, which begins on February 20 and lasts until June 20, will allow users to claim the STRK token. Over 700 million tokens, equivalent to 7% of the total supply, will be distributed.

Eligibility was determined based on user activity and transactions, with criteria including a cumulative transaction value of $100 and engagement in multiple transactions over different time periods.


READ MORE: CoinShares Reports Record-Breaking Growth in 2023


Core contributors express gratitude towards community members, particularly those interacting with StarkEx-powered dApps. In addition to early users, Ethereum contributors and open-source developers are also eligible for the distribution.

This initiative is part of a series of community-driven efforts, including the devonomics program and upcoming incentives to encourage ecosystem activity.

Author
Alexander Stefanov - Editor-in-Chief at Coinspress
Alexander Stefanov

Reporter at CoinsPress

Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

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