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2026-09-11 10:09:35

STARLINK on X Layer Opens Community Charity Fund for Disaster and Connectivity Gaps

The STARLINK community on X Layer opened a community donation charity fund at 9:00 on Sept. 11, according to an official announcement cited by BlockBeats. The meme token launched on Sept. 9 through Ignix, a general launch platform on X Layer, with liquidity paired against SPCX. Its trading taxes flow into a treasury and are distributed to holders in SPCX. At press time, the token’s market capitalization had exceeded $7.5 million. The project said the charity fund uses a fixed address and a multi-signature wallet. Donated token principal will not be spent. Instead, actual expenditures will come only from dividends generated by those holdings. The stated use of funds is to purchase Starlink satellite internet equipment and deploy it in areas without network coverage, including disaster-hit regions and connectivity blank spots. The team also said all fund inflows and outflows can be checked on the X Layer blockchain. It plans to keep publishing donor lists, receipts for each equipment purchase, deployment locations, and reconciled records covering dividend income and the number of devices deployed. As of publication, the donation address had received 350 million STARLINK, worth about $2.84 million.

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STARLINK on X Layer Opens Community Charity Fund for Disaster and Connectivity Gaps