StarkNet Launches STRK Token, zkSync Raises $200M
Ethereum layer 2 scaling solution StarkWare has launched its highly anticipated STRK token, the team announced on Nov. 16. The token has only been deployed on Ethereum, with the StarkNet soon set to decide how it will be distributed. The tokens are not being offered via sale. StarkNet rolls out STRK token The token has utility in governance, staking, and paying network fees. Those held by StarkWare shareholders, employees, and independent partner software developers have a lock-in period of f...
StarkNet Launches STRK Token, zkSync Raises $200M
Ethereum layer 2 scaling solution StarkWare has launched its highly anticipated STRK token, the team announced on Nov. 16. The token has only been deployed on Ethereum, with the StarkNet soon set to decide how it will be distributed. The tokens are not being offered via sale. StarkNet rolls out STRK token The token has utility in governance, staking, and paying network fees. Those held by StarkWare shareholders, employees, and independent partner software developers have a lock-in period of f...
Sports Marketing Deals Crumbling Along With FTX
Once flush with cash, FTX racked up prominent sports marketing deals in 2021 and early 2022, committing at least $375 million in disclosed funds to teams and leagues along the way. Now those sponsorships are falling apart, one by one, since FTX filed for bankruptcy last week amid a liquidity crunch. Some of FTX’s major sports and esports partners have already suspended their deals amid the exchange’s very public collapse, while others are reportedly still working out how to break free from th...
Sports Marketing Deals Crumbling Along With FTX
Once flush with cash, FTX racked up prominent sports marketing deals in 2021 and early 2022, committing at least $375 million in disclosed funds to teams and leagues along the way. Now those sponsorships are falling apart, one by one, since FTX filed for bankruptcy last week amid a liquidity crunch. Some of FTX’s major sports and esports partners have already suspended their deals amid the exchange’s very public collapse, while others are reportedly still working out how to break free from th...
