StarkWare adjusts STRK unlock schedule as Bitcoin Dogs soars

StarkWare adjusts STRK unlock schedule as Bitcoin Dogs soars

By Benson Toti - min read
  • StarkWare updates token unlock schedule as interest in Bitcoin Dogs grows
  • Bitcoin Dogs presale near $4 million milestone amid massive investor interest.
  • Bitcoin Dogs’ token $0DOG is the first BRC-20 ICO on Bitcoin.

StarkWare, the developer firm supporting the Ethereum Layer-2 protocol Starknet, has heeded to community feedback, changing the unlock schedule of allocated STRK tokens. 

As the crypto community mulls what this means for Starknet ecosystem contributors, new crypto project Bitcoin Dogs continues to dominate the presale market. With its value proposition, it’s emerging as one of the best ICO projects today.

StarkWare adjusts token unlock

On Thursday, StarkWare announced an update to the unlocking schedule for the Starknet (STRK) token – news that saw the price of recently launched token rise sharply. The platform acted after criticism over a schedule that would have seen a massive chunk of the allocated 1.3 billion STRK unlocked in April.

The new schedule significantly cuts the amount of tokens to be unlocked and charts a gradual release over the next few years.

According to the revised schedule, 64 million, or 0.64% of the initial 10 billion supply will unlock on April 15 – not the earlier planned 1.34 billion drop. StarkWare will unlock 6.4% of the allocated tokens every month until March 15, 2025.

This program will see 580 million STRK tokens allocated to early contributors and investors unlocked in 2024, compared to the 2 billion earmarked under the previous schedule. More unlocks will follow over the next three years, with 1.4 billion in 2025, 1.5 billion in 2026 and 380 million by March 15, 2027.

Starknet airdropped over 700 million STRK tokens to early users and other eligible wallets early this week.

Bitcoin Dogs presale is flying

Bitcoin Dogs launched as the first-ever ICO on the Bitcoin blockchain in mid-February – specifically on February 14, 2024.

In under a week, the project’s presale for the native $0DOG token has raised nearly $4 million from early investors. With a new era not just for gaming and NFTs on Bitcoin, but for the crypto investment space at large, the fast-paced ICO is a revelation that is sending ripples across the industry.

As the Bitcoin Dogs team notes on their website, this is a project that is more than just a new BRC-20 token. It comes packed with an entire range of offerings, including a metaverse environment where $0DOG holders can raise, trade and earn from their virtual dogs through tournaments.

Take Bitcoin’s evolving DeFi, NFT and game ecosystem and put all that into a first mover project – that’s what Bitcoin Dogs is building. The best of Tamagotchi, Axie Infinity and BAYC or Cryptopunks come alive in this digital dog ecosystem.

Eager to claim a piece of $0DOG history, crypto enthusiasts are flocking to the Bitcoin Dogs presale in packs. The ICO window is only 30 days, which means the 810 million of the 900 million $0DOG supply will be sold out by March 15, 2024.

How is the Bitcoin Dogs roadmap after presale?

According to the project’s whitepaper, any $0DOG (or “stray dogs”) left hanging after the presale closes will be burned. No hidden tokens or cliff unlocks to concern yourself with – just pure love for the digital pets that participants will have grabbed during the sale.

The era of the $0DOG then begins with official trading on exchanges after users claim their BRC-20 tokens. Product development, as highlighted in the Bitcoin Dogs roadmap, will bring GameFi on Bitcoin with an NFT debut, Beta Launch and play-to-earn partners in Q2, 2024.

More milestones for this exciting project include the much anticipated canine craze come in Q3 with the official game launch, while multi-chain support and DAO governance are planned for Q4, 2024.

Today’s $0DOG presale price of $0.0198 has already locked in gains for early buyers after the increase from the initial $0.015. Set to jump every 72 hours, $0DOG price will rise to $0.0404 during the ICO phase, indicating an early 169% advantage for stage 1 participants.

While now down by two stages, one can still position before the next increase. Learn more here.