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The Starknet Foundation addressed speculations about an upcoming airdrop after screenshots circulated on social media.
The foundation emphasized that the screenshots showed draft plans still under development.
It clarified that the eligibility cutoff date for the airdrop has been set, and no further user actions can affect this.
The Starknet Foundation, the organization behind the Ethereum Layer 2 network Starknet, addressed speculations about its forthcoming airdrop, which arose following the circulation of two screenshots on social media.
This screenshots, taken from pages that briefly appeared on Starknet’s website, led to widespread user speculation. They showed a list of criteria for the airdrop, explaining what kinds of crypto activity would qualify an address for the airdrop. But the pages appeared to be an early draft since some of the copy was missing and the project’s own name was misspelt.
On the incident, the Starknet Foundation said, “Tech teams build and test different front ends, some of which see the light of day and some which don’t.”
The foundation emphasized that the screenshots depicted draft plans still under development. “We will share the finalized official criteria and details around the provision allocations when they are ready,” it said.
Additionally, the foundation confirmed an eligibility cutoff date for the airdrop has already been determined, making it clear that no further user actions would affect eligibility.
The plan concerning an airdrop is not unexpected, according to the foundation. The possibility of a community reward had already been mentioned a year ago during an announcement about a Stark token.
In an 2022 announcement, the Starknet Foundation detailed that a total of 10 billion Stark (STRK) tokens would be issued. Of these, 50% would be retained by the organization, with the remainder allocated to core developers, ecosystem contributors, and the community.
Starknet operates as a decentralized Layer 2 network on Ethereum, employing a zero-knowledge roll-up solution. This approach involves condensing multiple transactions on an off-chain layer and then publishing them collectively on the Ethereum network.
StarkWare, known for inventing the Stark cryptographic proofs mechanism, was the original architect of Starknet. The project’s development is now led by the Starknet Foundation.
