#Stellar Stellar Wallet to Airdrop $125 Million Crypto: Will Airdrops also go the ICO Way? Published 3 months ago on November 7, 2018 By Viraj S Share Tweet A Stellar-Wallet keeper, named simply as Blockchain, has announced on Tuesday the launch of an airdrop of Stellar Lumens (XLM). The airdrop it is valued at $125 million, making it probably the largest such consignment ever to be distributed to users in following months. Each user shall receive $20 and thereby draw them into owning or trading in these decentralized assets. The estimated value of one lumen to the dollar stands at $0.2538 varying by 5.05% in trading times, according to market charts. The Stellar Lumen is the six highest in market cap rankings currently. CEO of Blockchain Peter Smith made in his Tweet called the airdrop the “biggest digital giveaway,” adding that the introductory offer was on the back of adding XLM to the blockchain wallet. Excited to add #XLM to the @blockchain wallet today and announce a $125M airdrop – the biggest digital giveaway ever. We’ll be giving millions of people their first $20 of crypto over the next few months ⚡️🚀https://t.co/S4ZkBLYwKX — Peter Smith (@OneMorePeter) November 6, 2018 Airdrops and their Ethics Airdrops are the latest and most funky way to feed users with cryptos and get them to adopt the decentralized system. Airdrops are marketing gimmick or the generosity of spirit of wallet providers the question of ‘airdrops,’ and their genuineness looms large. More by Blockchain The Blockchain giveaway of XLM says it is encouraged by its “30M wallet users” and is excited that XLM is now available on their wallet platform with full support.” Additionally, the wallet has said that it will not keep any of the XLM for themselves. According to Smith, the reason Blockchain chose the Airdrop method is because it will help drive decentralization as well as the adoption of new networks. For crypto users also, it is a highly useful option. It will allow users to trade, test as well as transact on crypto assets and will not have to worry about technical issues involved in buying these assets or mining these assets. The bottom-line is that the Blockchain Wallet is the safest method to use crypto. Why Stellar was inducted Besides, with the launch of Stellar on Blockchain, there is added scope, the CEO believes. The platform on which Stellar is built allows easy scaling solutions, which is just the base which Blockchain itself needs to move forward to meet strategic goals. Stellar’s token XLM is low cost, fast and easily lends itself to cross-border transactions despite millions of transactions happening in parallel. The advantage with Stellar is that it is easy to create tokens which are customized for such use. They also allow real-world services or virtual services and more importantly a functioning ecosystem. Airdrop Partners The wallet provider has indicated that the airdrop will be in association with Standford d.school’s tech initiative called Code.org, along with Network for Good. These organizations will provide the necessary transformational technology for building a promising future, Blockchain authorities said. The use of airdrop is to provide a stepping stone for the users to obtain and access tokens which will give them control over their financial future. Related Topics:Blockchainblockchain walletBlockchain Wallet Airdropblockchain wallet stellar airdropcryptocurrencystellarStellar airdropStellar airdrop 2018Stellar airdrop blockchain walletStellar LumensStellar Lumens airdropStellar Lumens blockchainStellar Lumens Blockchain WalletStellar WalletStellar XLMwalletxlmXLM airdropXLM airdrop blockchain walletXLM blockchain walletXLM blockchain wallet aidropXLM wallet Up Next The Ripple XRP Rise – What’s Behind It? Don't Miss Crypto India Diwali Celebrations are Muted this Year Continue Reading You may like Satoshi Nakamoto’s Dream: The History of Bitcoin: Part 1 Bitcoin Maximalists: Leading towards a hazardous path. Why Ethereum has no future Kevin Connolly’s Cryptos TV show: The Good and the Bad Wyoming: The Bitcoin Capital of USA Bitcoin Still Stays Strong: Gamblers Prove 2 Comments 2 Comments Pingback: Stellar Wallet to Airdrop $125 Million Crypto: Will Airdrops also go the ICO Way? - Satoshiuncle Pingback: Stellar Wallet to Airdrop $125 Million Crypto: Will Airdrops also go the ICO Way? – The Coinage Times Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website #Stellar Is Stellar going to overtake Ethereum? Published 2 months ago on December 5, 2018 By Joyce Lang Recently there has been a migration by crypto projects away from Ethereum and Stellar Lumens has been one of the primary destinations. Things like being able to easily generate dividends, limit who could hold tokens, time-bound functions for transactions as well as built-in token issuance capabilities making it super easy to launch a token and a dex which gives immediate liquidity without the need to go out and seek a third party exchange. Considering how hard and expensive it can be to get listed on a major exchange, this is actually a very powerful feature of stellar and all of this does offer a significant advantage over ethereum but ethereum also has its strong advantages as well. Ethereum has the biggest developer community and Ethereum also has the widest acceptance in terms of wallets, exchange pairing, services catering to ethereum and other blockchains trying to build bridges to ethereum and a much larger amount of Dapps. Ethereum crushes Stellar in the Dapp category. And of course, the ERC20 token standard is right now an industry staple when it comes to tokens. Speed: Transactions per second are drastically different. Jed McCaleb, the co-founder of Stellar Lumes stated that Stellar can rather easily handle up to 4000 transactions per second with many more transactions possible as the network develops and depending upon the hardware used. Currently, Ethereum is around 15 transactions per second. Fees: In terms of fees to send a transaction on the stellar lumens network costs 0.00001 XLM that is approximately equal to $0 at this time. While Ethereum transactions are costing less at the moment with only a few cents on average for each transaction but this can be a lot more during peak traffic times. However, Ethereum team has promised lower fees in future. Stellar Lumens Starlight: Starlight is an implementation of bidirectional payment channels on Stellar. Payment channels will allow parties to transact privately, instantly and securly with zero fees. The Starlight is still in its early phases but it will be powerful when it does take off. Public Figures: Ethereum has people like Vitalik Buterin and Joe Lubin regularly going to events and developer conventions representing ethereum and these are a real help in spreading the message about ethereum. In contrast, the stellar lumens team seems to avoid the limelight. Partners: Stellar has some good partnerships such as IBM who says that Stellar is their go to the public blockchain. Stellar also recently received Sharia Compliance Certification which will allow Stellar to access a huge market of more than a billion Muslims in countries such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE and parts of South East Asia. These places will now be able to integrate Stellar technology in their Sharia Complaint product and service offerings as some of these regions are actually restricted due to Sharia Banking Laws that do not allow Non-Sharia-compliant assets. But Ethereum kills it with adoption. The consensus design studio is a major industry force but what is the most outstanding is the Ethereum Enterprise Alliance. With members of the alliance including many of the world’s top banks, accounting firms, universities, corporations, governments, ministries and of course blockchain companies. Supply In terms of supply of the cryptocurrency, there is still a huge amount of XLM around 85% of the total supply to enter into the market which will happen slowly over time. Ethereum, in contrast, is on a fixed emmission code based release curve. Ethereum in its correct form has a lot of issues majorly scalabily and speed. With so many developers working on plasma, interchain projects etc. all focused on ethereum but Stellar does today what Ethereum needed to do yesterday. All the Ethereum partners, developers and Dapps in the world will end up being worthless if ethereum does not deliver on its promises. That does not mean that Stellar is the only game changer. EOS, NEO and many more are all biting at ethereum’s heals. Infact, Tron’s founder Justin Sun is even calling for projects to move from Ethereum to Tron. While Vitalik and company are all working on Ethereum, there are hosts of other blockchains who are out there right now eating Ethereum’s lunch. Stellar Lumens being one of them. Will Ethereum still be highly relevant by the time it delivers on its promises? What are your thoughts? Tell us in the comments secion below. Continue Reading #Daily Price Analysis XLM Daily Trading Signals: 26 October Published 3 months ago on October 26, 2018 By Nadja Eriksson Dominant bias for STELLAR (XLM)- Bearish Resistance Levels- $0.2550, $0.2600, $0.2700 Support Levels- $0.2150, $0.2100, $0.2050 XLM is in a bearish trend. After breaking down at the 34 exponential moving averages on 24th October, the bearish pressure has been on a nice roller coaster to the south forming lower lows. $0.2410 was the low on 24th October while 25th October low was $0.2387. This is characteristics of a down trending market that produces lower highs and lower lows. The 4-hour opening candle at $0.2388 was a bearish marubozu which signals bears presence and pressure. XLM 4-hour chart With XLM price below the 34 EMA and the relative strength index at 39% which is the sellers’ zone, these suggest downward movement in the cryptocurrency due to the Bears’ pressure. Moreover, the inverted head and shoulder pattern plays out well with the right shoulder developing. The bears may be aiming at a retest of $0.2255 in the support area. Continue Reading #Daily Price Analysis XLM Daily Trading Signals: 23 October Published 3 months ago on October 23, 2018 By Azeez Mustapha Dominant bias for STELLAR (XLM): Bullish Resistance Levels: $0.2700, $0.2900, $0.3000 Support Levels: $0.2000, $0.18000, $0.01600 XLM is in a bullish trend The bullish pressure is much evident as XLMUSD was up $0.2590 at the resistance area 20th on October but briefly lost momentum as the bears stage a comeback. The bear pressure was strong with the cryptocurrency making a low of $0.2431 in the support area on 22nd October but the candle closes as a bullish hammer, a signal to a reversal. XLM 4-hour chart The bulls returned was with a bullish marubozo candle at $0.2434 and XLMUSD was up at $0.2484 in the resistance area before the session ended on 22nd October. The 4-hour opening candle today was bullish and XLMUSD was up at $0.2520 earlier today with more room for upward movement. Price is above the 34 EMA a strong indication to bullish pressure and the relative strength index is at 55% a buying zone. Moreover, price is forming higher highs and higher lows that are characteristic features of the up-trending market. It implies that the bulls are in full control of the market. As more buyers take a position today the cryptocurrency may retest $0.27000 in the resistance area. 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