- StarkWare updates token unlock schedule as interest in Bitcoin Dogs surges
- Bitcoin Dogs presale approaches the $4 million mark amid strong investor demand.
- The Bitcoin Dogs $0DOG token is the first BRC-20 ICO on Bitcoin.
StarkWare, the development firm behind the Ethereum Layer-2 protocol Starknet, has responded to community feedback by revising the unlock schedule for allocated STRK tokens.
While the crypto community discusses the implications for contributors to the Starknet ecosystem, a new crypto project, Bitcoin Dogs, continues to dominate the presale market. With a clear value proposition, it has emerged as one of the most notable ICOs currently available.
StarkWare adjusts token unlock schedule
On Thursday StarkWare announced an update to the unlock schedule for the Starknet (STRK) token — an announcement that supported a notable rise in the token’s price. The update follows criticism of an earlier schedule that would have unlocked a large portion of the 1.3 billion allocated STRK in April.
The revised schedule significantly reduces the number of tokens unlocking at once and establishes a more gradual release over the coming years.
Under the revised plan, 64 million STRK — 0.64% of the initial 10 billion supply — will unlock on April 15, rather than the previously planned 1.34 billion. StarkWare will release 6.4% of allocated tokens each month until March 15, 2025.
Under this program, 580 million STRK tokens will be allocated to early contributors and investors in 2024, compared with 2 billion under the prior schedule. Additional unlocks are planned for the following years: 1.4 billion in 2025, 1.5 billion in 2026, and 380 million on March 15, 2027.
Earlier this week Starknet distributed more than 700 million STRK tokens to early users and other eligible wallets.
Bitcoin Dogs presale shines
Bitcoin Dogs launched on February 14, 2024, marking the first ICO on the Bitcoin blockchain using the BRC-20 standard.
In under a week the presale for the native $0DOG token raised nearly $4 million from early investors. Seen as a milestone not only for gaming and NFTs on Bitcoin but for the broader crypto investment scene, this fast-moving ICO has generated significant industry attention.
According to the Bitcoin Dogs team, the project is more than a new BRC-20 token. It includes a range of features, including a metaverse environment where $0DOG holders can collect, trade, and earn with virtual dogs through tournaments and gameplay.
Bitcoin Dogs combines elements of DeFi, NFTs, and gaming on Bitcoin into a first-mover project. It blends the nostalgia of Tamagotchi with the play-to-earn mechanics of Axie Infinity and the culture-driven appeal of collectibles like Bored Ape Yacht Club or CryptoPunks, delivering a vibrant digital dog ecosystem.
Crypto enthusiasts eager to claim a piece of $0DOG history are flocking to the presale. The ICO window is only 30 days, and 810 million of the 900 million DOG supply are expected to sell out by March 15, 2024.
What’s next for Bitcoin Dogs after the presale?
According to the project’s whitepaper, any $0DOG tokens remaining after the presale will be burned. There will be no hidden token allocations or future unlocks beyond what is disclosed — ensuring a transparent supply for participants who buy during the sale.
Trading of $0DOG will begin on exchanges once users claim their BRC-20 tokens. The Bitcoin Dogs roadmap emphasizes product development that aims to bring GameFi to Bitcoin, with an NFT debut, beta launch, and play-to-earn partners planned for Q2 2024.
Other milestones include a major game launch in Q3 2024 and cross-chain support and DAO governance slated for Q4 2024.
The current presale price of $0.0198 for $0DOG has already produced gains for early buyers compared to the initial price of $0.015. Token pricing will rise every 72 hours during the sale, reaching $0.0404 during the ICO phase — representing a potential early advantage of approximately 169% for participants in phase one.
Although the presale has progressed through multiple phases, buyers can still position themselves before the next scheduled price increase. For more information, visit the Bitcoin Dogs presale page directly.