Keybase also states that if those who received XLM tokens during the first airdrop event fail to activate their Stellar Lumens wallet, the tokens could be returned to the SDF after six months. “ Each unique natural person can participate in the airdrop campaign just once and no individual recipient will receive more than $500 USD worth of XLM.” This way, only real people will enjoy the exciting airdrop event rather than bots, says the team. However, new users who sign up on Keybase will be required to connect their Keybase account to a GitHub or HackerNews account created before September 9, 2019. Importantly, the team has made it clear that only Keybase accounts registered before September 9, 2019, will partake in the XLM giveaway. The first 100 XLM token airdrop has reportedly been sent to eligible Keybase users, with each active user receiving $19.63 worth of XLM and the campaign will continue on the 15th of each month for the next 20 months. Specifically, the team says the airdrop is scheduled to last for 20 months, with 100 million (roughly $6 million) XLM tokens distributed to active Kaybase users each month.
Stellar Giving Away XLMĪs stated in its blog post, Stellar Development Foundation (SDF) the team in charge of Stellar Lumens (XLM), the 12th largest distributed ledger technology (DLT) project in the world, and Keybase, an instant messaging platform with end-to-end encryption, are airdropping $120 million worth of XLM tokens to both existing and new Keybase users. Keybase cofounders Max Krohn and Chris Coyne also built two other successful endeavors SparkNotes and OkCupid.The Stellar Development Foundation ( SDF), a non-profit organization that claims to be dedicated to supporting the development and growth of the Stellar blockchain network, is collaborating with Keybase instant messaging platform to organize a 2 billion ($120 million) XLM token airdrop to users of the messaging platform, according to a blog post on September 9, 2019.
#KEYBASE XLM AIRDROP FREE#
Keybase, according to its website, is a free group messaging, community and file transfer hub touting encryption for user protection.
She also added that Stellar has conducted “outreach” to regulatory players for discussion on the “technology.” “We don’t actually focus on XLM for any other purpose other than to effectuate the network, and to bring good to the network and good to the world,” she said. “I’m not concerned about the way that we manage,” she added. In terms of XLM as a potential security, Dixon noted Stellar will “work” with regulatory bodies on the topic of XLM, but also added that they aren’t “worried.” “We will work with regulators to the extent that we need to on all of these issues,” she said. We’re not doing anything for any regulatory piece.” We maintain and support the development of the codebase for the Stellar network, and in order to bring attention and focus and education to the Stellar network and blockchain technology, this is a great way to be able to do that Our focus is on that part versus anything else that might have been.
“We don’t even have that as a thought process for us We’ve been giving XLM away since our inception in 2014, so from our standpoint, the giving away of the XLM is our mandate, and it’s one of the things that was originally set up with respect to the mission and how the organization was going to make its mark on the world.
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