Cointime

Download App
iOS & Android

Starkware Launches Nonprofit Foundation to Fuel Starknet Ecosystem

  • Wechat scan to share

The StarkNet Foundation will launch with 5.01 billion StarkNet Tokens, which amounts to 50.1% of the initial token supply of 10 billion tokens. The funds will go toward the maintenance and security of StarkNet as a public good, continued development and expansion of the network, and developer support.

The StarkNet Foundation aims to help the network reach its decentralization goal through the development of governance mechanisms and the institution of decentralization technology called sequencing and proving, according to a draft blog post provided to CoinDesk.

Comments

All Comments

Recommended for you