Blockchain Wallet Announces $125M Stellar Lumens (XLM) Airdrop

Blockchain Wallet Announces $125M Stellar Lumens (XLM) Airdrop
фото показано с : bitcoinist.com

2018-11-8 05:00

Blockchain plans to distribute $125 million worth of Stellar Lumens (XLM) to its 28 million users who register for the historic airdrop.

What a Stellar Idea!

Cryptocurrency wallet provider Blockchain is planning to host what it calls the “largest crypto giveaway in history.” The company intends to disperse $125 million in Stellar Lumens (XLM) to Blockchain wallet users who sign up for the airdrop.

The first batch of coins will be distributed this week.

At the moment, Blockchain has chosen not to disclose the amount of XLM to be given away during each airdrop. The airdrop program is designed to ease the pathway for crypto-newcomers as registering on exchanges, jumping through KYC hoops, and taking the risk of depositing funds on an exchange can be overwhelming.  

According to Blockchain’s whitepaper:

Airdrops, on the other hand, provide a free and transparent way for anyone with an internet connection and a computing device to obtain crypto-assets at no cost.

Blockchain is of the opinion that airdrops have an incredibly wide reach and can assist with boosting cryptocurrency adoption and empowering those who lack access to traditional banking services.

Free Crypto Catalyzes Adoption

Blockchain president and chief legal officer Marco Santori previously said that “airdrops have the power to decentralize networks without the investment risks inherent in ICOs and the complexity inherent in mining.” In addition, CEO Peter Smith said that the airdrop is designed to “put users first” and allow them “to test, try, trade and transact with new, trusted crypto-assets in a safe and easy way.”

Ultimately, Blockchain hopes that the XLM giveaway and its airdrop program will raise awareness about cryptocurrency and its versatility. The wallet provider has also partnered with Stanford d.school’s tech wing, code.org, charity: water and Network for Good to further XLM adoption.

Do you think crypto giveaways will help to catalyze wider adoption of cryptocurrency? Share your thoughts in the comments below! 

Images courtesy of Shutterstock.

The post Blockchain Wallet Announces $125M Stellar Lumens (XLM) Airdrop appeared first on Bitcoinist.com.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Stellar (XLM) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0972166
Капитализация $0 Rank 99999
Цена в час новости $ 0.2694 (-100%)

stellar blockchain airdrop xlm wallet lumens million

stellar blockchain → Результатов: 126


Фото:

Bitcoin Spark: Igniting a New Era of Cryptocurrency with Stellar Performance

Fintech, including payment systems and monetary transfers, has become popular thanks to blockchain technology. The blockchain ecosystem significantly lowers trading and money transfer costs. Cryptocurrencies like BTCS and XLM have recently had a tremendous run with an imminent outburst and soaring digital assets’ prices with the incoming bull market. What is Stellar? Stellar is a […]

2023-8-30 20:26


Соучредитель Stellar попал в ТОП-10 значимых лиц индустрии Blockchain

Соучредитель Stellar, седьмой по популярности криптовалюты, стал одним из десяти самых влиятельных людей в индустрии Blockchain. Сообщение Соучредитель Stellar попал в ТОП-10 значимых лиц индустрии Blockchain появились сначала на Freedman.

2018-7-7 21:24


Ludum ICO (LUD Token): Trusted Stellar Based Lottery Platform?

What Is Ludum? LUDUM project is an online lottery platform built on the Stellar Blockchain to ensure an utterly transparent gaming experience with no chances of fraud. With the traditional lotto games potentially manipulating results, there is every reason for individuals to establish more suitable technology that could help them trust and play the lottery. […]

2018-7-1 08:18


Stellar может купить блокчейн-стартап Chain за $500 млн

Stellar Development Foundation ведет переговоры о приобретении разработчика блокчейн-решений для финансовой индустрии Chain. Сумма сделки может составить $500 млн, сообщает Fortune. Ранее компания Chain привлекла более $43 млн от Khosla Ventures, RRE Ventures, Blockchain Capital, Pantera Capital, Nasdaq, Visa, Citi Ventures, Thrive Capital, BoxGroup и Haystack.

2018-6-21 13:40