TechFlow News — StarkWare has established a nonprofit entity, the StarkNet Foundation, aimed at advancing the StarkNet ecosystem and supporting network decentralization through governance research and related initiatives. The StarkNet Foundation will hold 5.01 billion StarkNet tokens, representing 50.1% of the total token supply. These funds will be allocated to ensure network security, support ongoing development and scaling of the network, and assist developers. Board members of the foundation include StarkWare co-founders Uri Kolodny (CEO) and Eli Ben-Sasson (President), along with mathematician and computer scientist Shubhangi Saraf (StarkWare advisor), OSS Capital partner Heather Meeker, Ethereum core developer Tomasz Stańczak, former U.S. Deputy Chief Technology Officer Andrew McLaughlin, and cryptocurrency investor Eric Wall.Original article
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