Overview
- StarkWare, which disclosed the shift Monday, laid off employees and reorganized into an applications unit and a Starknet development unit to chase direct product sales.
- Industry reporting says Starknet fee income fell more than 99%, sliding from nearly $6 million a month at its peak to about $48,000 in April 2026.
- Leaders reassigned duties to speed execution, with the finance chief now overseeing security, IT, and HR, and engineering leads moving toward architecture oversight.
- The company plans to build proprietary apps on its zero‑knowledge stack, including Cairo and Sierra, which it says enable products not feasible on other blockchains today.
- Despite the revenue slide, Starknet’s on‑chain activity remains meaningful, with total value locked reported above $200 million, which could support uptake of new products.