On October 31, Starknet announced the launch of the Early Community Membership Program (ECMP), which is dedicated to recognizing community contributors who have contributed to Starknet so far, and plans to distribute 50 million STRK tokens to those who contributed in the early days of the network. Includes rewards for individual contributors who encourage technical discussions, organize Starknet-related events, and regularly publish Starknet-branded content. It is reported that individuals and projects will need to apply for grants and provide details of their contributions. The application window is open until 8:00 on November 23, 2023, and the final decision will be made on December 29.
Not open to US users, the foundation reserves the right to lock tokens
Starknet has minted ten billion STRK tokens, but they are still locked. These tokens will be unlocked on April 15, 2024, with the majority of the tokens allocated to the Starknet Foundation, 32.9% to core contributors, and 17% to investors. The ECMP plan launched this time is part of the token plan allocated to the foundation.
In the official introduction of Starknet, it is pointed out that in the first phase of ECMP, the plan will allocate tokens to the following categories of people: individuals who have made significant contributions to community technical discussions, individual contributors listed by ecosystem key projects, Individuals who organize events around the world (meets, conferences, workshops), individuals who regularly publish Starknet branded content.
The review criteria of the plan include four key indicators, namely impact, importance, effort, and originality.
Impact refers to the extent to which a contributors work spreads throughout the community. It might include things like the number of people who use or rely on its code, engage with its content, or follow its thought leadership; importance refers to assessing how important a contributors work is to the community or to a specific project. This might mean focusing on the importance of a persons work to the success of the project, or their influence in shaping the direction and growth of the ecosystem; effort metrics evaluate the time and effort contributors put into their contributions. This may include not just coding, but community support, mentorship, and working with others to share knowledge; originality refers to seeing how unique or innovative the contributors work is. This can include creating new algorithms, methods or tools that have never been seen before, or solving existing problems in novel ways.
Projects participating in the application will receive a private message in order to submit a private application. In the application, you need to write down your telegram ID and email. All contributors to the project will receive the same number of tokens after passing the review (if no one is approved) (in the case of separate assessment); individuals participating in the application can submit their application through the same link.
Additionally, projects that qualify for the Early Adopter Grant (EAG) are automatically eligible for the ECMP and they do not need to apply again. After the first phase is completed, the committee will review it and potentially process a second tranche with additional criteria. It is worth noting that the ECMP project is not open to US users, and the Foundation reserves the right to impose a lock on any tokens delivered to eligible recipients.
Starknet previously planned to use STRK as a fee payment token
Recently, Starknet-related incidents have become more frequent, and some comments have pointed out that Starknet may make further big moves.
Previously on October 24, BlockBeatsreportedStarknet community leader Ohad Barta released a new proposal on the official governance forum, which plans to use STRK to pay fees for newly introduced V3 transactions (that is, the account must have a STRK balance). Legacy transactions are still supported and fees continue to be paid using ETH. The intention of the proposal is outlined as follows: using Starknets native token STRK as a fee payment token on Starknet as one of its main uses.
On the same day, the LambdaClass team, which had previously helped Starknet complete the development of V1 2 and cairoVM, announced a new strategic cooperation agreement with Starknets competitor zkSync.
Related Reading:Breaking up with its long-term partner, why did LambdaClass, the hero of Starknet V1 2 development, switch to zkSync?》
Although LambdaClass only officially announced its partnership with zkSync today, as early as August 3, LambdaClass published an article titled LambdaClass and the Future of the Starknet FoundationarticleIndicates the termination of the partnership with Starknet.
The launch of Starknets ECMP plan this time may become the focus of a new round of wool party. However, Starknet did not define this token distribution as an airdrop, which may indicate that Starknet hopes to make real contributions. Encouragement from readers can be truly implemented.
