StarkWare raised $100M Series D in May 2022 at $8B led by Greenoaks, Coatue and Tiger Global, one of the richest ZK valuations ever. Cairo-native L2 launched STRK in Feb 2024 with an airdrop so generous that farmers dumped it into paper-thin liquidity for days. Opened high, flatlined fast, and the team has spent the time since apologizing for tokenomics decisions nobody stopped them from making..